Lissalde Frederic 4
4 · AUTOLIV INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Autoliv (ALV) Director Frederic Lissalde Receives RSU Award
What Happened
Frederic Lissalde, a director of Autoliv Inc. (ALV), was granted 14.889 restricted stock units (RSUs) on March 19, 2026. The award was reported at a $0.00 per-share price (award/grant, derivative instrument); no cash was exchanged. The RSUs represent a contingent right to receive one share of ALV common stock for each unit and will convert to shares when they vest.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filed within the required two business days).
- Award: 14.889 RSUs reported at $0.00 per unit (derivative award).
- Reported cash value: $0 at grant (no purchase price paid).
- Shares owned after transaction: not disclosed in the provided data.
- Footnotes: F1—each RSU = right to one share; F2—dividend equivalents accrue as additional RSUs subject to same vesting; F3—RSUs vest and convert in one installment on the earlier of ALV’s 2026 annual meeting or the one-year anniversary of May 8, 2025 (i.e., by May 8, 2026 if earlier date not met).
- Transaction code: A (award/grant of derivative). No 10b5-1, tax-withholding, or late-filing flags noted in the provided record.
Context
This was a compensation award (RSUs) to a director rather than an open-market buy or sale. RSU grants are common for non-employee directors and do not involve an immediate cash outlay; they only convert to actual shares upon vesting per the award terms. Such awards are routine corporate compensation and do not, by themselves, indicate a personal purchase or sale decision by the insider.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-19+14.889→ 1,756.011 total→ Common Stock (14.889 underlying)
Footnotes (3)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
- [F2]Dividend equivalent rights accrued in the form of additional RSUs. Per the award agreement, cash dividends with a record date on or after the grant date and paid on or before the vesting date yield additional RSUs subject to the same vesting schedule as the underlying RSUs.
- [F3]The RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2026 annual stockholder meeting, or (b) the one-year anniversary of May 8, 2025.