Nellis Anthony J 4

What Happened

• Anthony J. Nellis, EVP Legal and General Counsel of Autoliv (ALV), received multiple restricted stock unit (RSU) awards on March 19, 2026. The awards consist of 16.869, 11.514, 7.088, 8.917, 42.938 and 7.688 RSUs, totaling 95.014 RSUs. Each award was granted at $0.00 (derivative awards), so no cash was paid at grant and the reported aggregate purchase value is $0.
• These are grants/awards (transaction code A) — not open‑market purchases or sales. Some awards are time‑based RSUs and others are performance‑based RSUs that vest only after specified performance periods and committee certification.

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-23.
• Awards granted: 16.869; 11.514; 7.088; 8.917; 42.938; 7.688 RSUs — total 95.014 RSUs. Price per unit reported: $0.00; aggregate value reported: $0.
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to one share of ALV common stock.
  • F2: Dividend equivalents accrue as additional RSUs, subject to the same vesting schedule.
  • F3–F4: Performance‑based RSUs vest and convert to shares in one installment after completion of three one‑year performance periods (one set ending 12/31/2026, another ending 12/31/2027) and upon certification by the Leadership Development and Compensation Committee.
• Timeliness: The Form 4 was filed four days after the grant (filed 2026-03-23 for a 2026-03-19 grant). That appears later than the usual two business‑day filing window for Section 16 insiders.

Context

• RSU grants are a common form of equity compensation and do not represent an open‑market purchase or sale; they vest into shares only under the terms described above. Performance RSUs require attainment of specified goals and committee certification before converting to shares, and dividend equivalents (if any) increase RSU counts subject to the same vesting.
• For retail investors, awards signal compensation alignment with shareholder interests but are routine executive compensation events and do not, by themselves, indicate the insider’s buy/sell market view.