Louissaint Obed D. 4
4 · Aptiv PLC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Aptiv (APTV) EVP Obed D. Louissaint Sells $1.27M in Shares
What Happened
Obed D. Louissaint, EVP & Chief People Officer of Aptiv PLC (APTV), received a grant of 7,186 ordinary shares on 2026-02-28 (award code A, acquired at $0.00) tied to performance for the 2023–2025 period. On the same date he had 17,315 shares disposed (code F) at $73.54 per share to cover tax liabilities, a transaction with a reported value of $1,273,345.
Key Details
- Transaction dates: 2026-02-28 (reported on Form 4 filed 2026-03-03).
- Award: 7,186 shares granted (acquisition at $0.00) — additional shares for performance above target (Footnote F1).
- Disposal: 17,315 shares withheld/disposed at $73.54 each for tax withholding, total ~$1,273,345 (Footnote F2).
- Transaction codes: A = Award/Grant; F = Shares withheld/used to pay tax liability.
- Shares owned after the transactions: not specified in the filing.
Context
The 7,186 shares reflect performance-based compensation for the 2023–2025 period (per footnote). The 17,315-share disposition was a withholding of shares to satisfy tax obligations upon vesting — a routine administrative transaction rather than a discretionary open-market sale. Such tax-withholding disposals are common and do not necessarily signal an insider’s view on the company’s outlook.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-28+7,186→ 162,057 total - Tax Payment
Ordinary Shares
[F2]2026-02-28$73.54/sh−17,315$1,273,345→ 144,742 total
Footnotes (2)
- [F1]Additional ordinary shares acquired in connection with achievement in excess of target of specified performance criteria for the 2023-2025 performance period.
- [F2]Shares withheld to pay tax liabilities incident to the vesting of restricted stock units.