Kortuem Franz-Josef 4
4 · AUTOLIV INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Autoliv (ALV) Director Franz-Josef Kortuem Receives 14.889 RSU Award
What Happened
Franz-Josef Kortuem, a director of Autoliv Inc. (ALV), received a grant of 14.889 restricted stock units (RSUs) on March 19, 2026. The award was reported as an acquisition with a $0 per-share price (compensation/derivative award), so no cash was paid by the insider. RSUs are contingent rights to receive one share each upon vesting.
Key Details
- Transaction date: 2026-03-19; grant reported on Form 4 filed 2026-03-23 (timely filing).
- Transaction type/code: A = Award/Grant (derivative RSUs).
- Amount: 14.889 RSUs; grant reported at $0.00 per unit (no cash purchase).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: (1) Each RSU converts to one share when vested. (2) Dividend equivalents accrue as additional RSUs subject to the same vesting schedule. (3) Vesting occurs in one installment on the earlier of ALV’s 2026 annual meeting or the one-year anniversary of May 8, 2025 (i.e., by May 8, 2026 or sooner).
Context
This is a compensation grant (not a market purchase or sale), so it reflects routine equity compensation rather than an open-market investment by the director. RSUs will convert to actual shares only if and when the vesting conditions are met; dividend equivalents can increase the eventual share count.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-19+14.889→ 1,756.011 total→ Common Stock (14.889 underlying)
Footnotes (3)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
- [F2]Dividend equivalent rights accrued in the form of additional RSUs. Per the award agreement, cash dividends with a record date on or after the grant date and paid on or before the vesting date yield additional RSUs subject to the same vesting schedule as the underlying RSUs.
- [F3]The RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2026 annual stockholder meeting, or (b) the one-year anniversary of May 8, 2025.