Yih Sng 4

What Happened Yih Sng, President of Autoliv China, received five restricted stock unit (RSU) awards (transaction code A) on March 19, 2026. The grants were for 12.055, 7.918, 5.065, 6.129 and 5.122 RSUs, totaling 36.289 RSUs. Each unit was reported at $0.00 (no cash paid at grant); these are derivative awards that represent a contingent right to receive shares of ALV common stock in the future.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026.
• Grant details: 12.055 / 7.918 / 5.065 / 6.129 / 5.122 RSUs — total 36.289 RSUs; reported acquisition price $0.00.
• Reported as derivative awards (RSUs), not open-market purchases or sales.
• Shares owned after transaction: not disclosed in the provided data.
• Footnotes from the filing:
  • F1: Each RSU equals a contingent right to one ALV share.
  • F2: Dividend equivalents accrue as additional RSUs, subject to the same vesting schedule.
  • F3/F4: Some RSUs are performance-based and vest in one installment after the completion of three one-year performance periods ending Dec 31, 2026 (F3) or Dec 31, 2027 (F4), subject to committee certification.
• Timeliness: Grant reported by Form 4 filed March 23, 2026 for a March 19, 2026 grant; no late-filing flag noted in the provided data.

Context RSU grants are typically compensation and vest over time (and, for some awards here, upon achievement of performance goals). They do not represent an immediate cash investment by the insider and are different from open-market purchases or sales. Performance-based RSUs will convert to shares only if performance targets are met and the committee certifies results; dividend equivalents (if any) increase RSU counts and follow the same vesting rules.