Bratt Mikael 4

What Happened
Mikael Bratt, President & CEO and a director of Autoliv (ALV), was granted two restricted stock unit (RSU) awards on 2026-03-19 totaling 96.703 RSUs (60.040 and 36.663 RSUs). The grants were reported as awards (code "A") with an acquisition price of $0.00 (these are derivative awards, not open‑market purchases). No immediate cash changed hands; the RSUs represent rights to receive shares if and when they vest.

Key Details

• Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (within the required reporting window).
• Awards: 60.04 RSUs and 36.663 RSUs — total 96.703 RSUs — reported at $0.00 per unit.
• Nature of award: RSUs (derivative). Each RSU equals a contingent right to one share upon vesting (Footnote F1).
• Dividend equivalents: Any cash dividends during the period may be paid as additional RSUs subject to the same vesting schedule (F2).
• Performance & vesting: Portions are performance-based and will vest and convert to shares after completion of multi-year performance periods and committee certification (one award vests after the performance period ending Dec 31, 2026 (F3); the other after Dec 31, 2027 (F4)).
• Shares owned after transaction: Not specified in the provided excerpt.

Context
RSU grants are routine elements of executive compensation and are neither an immediate purchase nor a sale. These awards become economically meaningful only if vesting conditions and, for the performance-based RSUs, performance targets are satisfied and the awards convert into shares.