Senko Thaddeus 4
Research Summary
AI-generated summary
Autoliv (ALV) Director Thaddeus Senko Receives RSU Award
What Happened
Thaddeus Senko, a director of Autoliv Inc. (ALV), received a grant of 14.889 restricted stock units (RSUs) on 2026-03-19. The RSUs were reported at $0.00 price (derivative award code A); they represent contingent rights to receive common shares if and when the RSUs vest. This is an equity compensation award—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filing occurred within the typical two-business-day window).
- Transaction type/code: Award/Grant (A); derivative instrument (RSUs).
- Amount: 14.889 RSUs; reported price $0.00 (no cash exchanged at grant).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: Each RSU equals a contingent right to one share of ALV common stock.
- F2: Dividend equivalents accrue as additional RSUs (paid as RSUs per the award agreement).
- F3: RSUs vest and convert to shares in one installment on the earlier of (a) ALV’s 2026 annual stockholder meeting or (b) the one‑year anniversary of May 8, 2025.
Context
RSU grants are a form of compensation and do not indicate an immediate purchase or sale of stock. The award will only become actual shares if the vesting conditions are met; dividend equivalents increase the eventual share payout per the award terms.