Karaboutis Adriana 4
Research Summary
AI-generated summary
Autoliv (ALV) Director Adriana Karaboutis Receives RSU Award
What Happened
- Adriana Karaboutis, a director of Autoliv Inc. (ALV), received a grant of 14.889 restricted stock units (RSUs) on 2026-03-19. The transaction is reported as an award (Form 4 code A) and the filing lists a reported value of $0 because this is a derivative award (RSUs), not an immediate stock sale or open-market purchase.
Key Details
- Transaction date: 2026-03-19 (reported on Form 4 filed 2026-03-23). Transaction code: A (award/grant).
- Award size: 14.889 RSUs; reported dollar amount: $0 (derivative award reported as zero in the filing).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes from the filing:
- Each RSU represents a contingent right to receive one share of ALV common stock (F1).
- Dividend equivalents accrue as additional RSUs and follow the same vesting schedule (F2).
- RSUs vest and convert to shares in one installment on the earlier of ALV’s 2026 annual stockholder meeting or the one-year anniversary of May 8, 2025 (i.e., by May 8, 2026) (F3).
- Filing timeliness: Filed on 2026-03-23 for a 2026-03-19 transaction — the Form 4 was filed on time (within the two-business-day requirement).
Context
- RSUs are a deferred-compensation award: they do not represent immediate transferable shares until they vest and convert to common stock. Dividend-equivalent RSUs may increase the final share count if cash dividends are paid before vesting.
- This is an award grant (compensation), not a purchase or sale; such grants are common for directors and do not by themselves signal buying or selling intent.