BRLAS LAURIE 4
Research Summary
AI-generated summary
Autoliv (ALV) Director Laurie Brlas Receives RSU Award
What Happened
- Laurie Brlas, a director of Autoliv Inc. (ALV), received a grant of 14.889 restricted stock units (RSUs) on 2026-03-19. The award was reported as an acquisition at $0.00 per unit (derivative award), so no cash was paid at grant. These RSUs represent a contingent right to receive one share of ALV common stock upon vesting.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (timely — within the two-business-day reporting window).
- Instrument & amount: 14.889 RSUs (derivative award), acquisition code A; reported acquisition price $0.00; reported value $0.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1: Each RSU converts to one share when vested.
- F2: Dividend equivalents accrue as additional RSUs (cash dividends paid between grant and vesting convert into RSUs subject to same vesting schedule).
- F3: Vesting occurs in one installment on the earlier of (a) Autoliv’s 2026 annual meeting or (b) the one‑year anniversary of May 8, 2025.
- No 10b5-1 plan, sale, exercise, tax-withholding sale, or late filing was indicated in this report.
Context
- This is a compensation award (RSUs), not an open-market purchase or sale. RSU grants compensate insiders and only convert into actual shares if and when they vest—so they are not an immediate purchase signal. Dividend equivalents will increase the RSU count if dividends are paid before vesting, and conversion to shares is subject to the single-installment vesting condition above.