Westin Fredrik 4
Research Summary
AI-generated summary
Autoliv (ALV) CFO Fredrik Westin Receives RSU Awards
What Happened
Fredrik Westin, Executive VP Finance and Chief Financial Officer of Autoliv Inc. (ALV), was granted a total of 79.305 restricted stock units (RSUs) on March 19, 2026. The awards were reported as derivative grants at $0.00 per unit (no cash paid). These RSUs represent contingent rights to receive common shares if and when the awards vest.
Key Details
- Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (filed on the second business day after the grants).
- Grants: 14.462 RSUs, 8.916 RSUs, 6.077 RSUs, 6.912 RSUs and 42.938 RSUs — total 79.305 RSUs; all reported as Code "A" (award/grant). Price reported: $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes of note:
- F1: Each RSU converts to one share upon vesting.
- F2: Dividend equivalents accrue as additional RSUs and follow the same vesting schedule.
- F3–F4: Some RSUs are performance-based and vest, if earned, in one installment after three one-year performance periods ending Dec 31, 2026 or Dec 31, 2027, subject to certification by the Leadership Development and Compensation Committee.
- No sale/exercise occurred; these are awards (not a purchase or sale) and thus do not directly signal a buy or sell decision.
Context
RSU grants are commonly used to align executive compensation with company performance and retention. Performance-based RSUs only convert to shares if specified targets are met and the committee certifies performance, so these awards are contingent rather than immediate share ownership. This filing reports the grant itself and does not by itself indicate future buying or selling by the insider.