CLARK KEVIN P 4

What Happened Kevin P. Clark, Chair and CEO of Aptiv PLC, was granted two equity awards on April 22, 2026: 97,283 shares and 145,924 shares (total 243,207). Both awards were recorded at $0.00 (no cash purchase). The grants are reported as awards/other acquisitions (Form 4 code A).

Key Details

• Transaction date: 2026-04-22; filing date: 2026-04-23 (timely).
• Awards: 97,283 shares @ $0.00 and 145,924 shares @ $0.00 (total 243,207 shares).
• Ownership after transaction: not specified in the provided excerpt.
• Footnotes of note:
  • One award vests in three equal installments beginning February 28, 2027 (time-based vesting).
  • Total award amounts reflect an adjustment tied to the spin-off of Versigent PLC.
  • The larger award consists of performance shares — each is a contingent right to receive an Aptiv ordinary share and vests only if specified performance criteria are met over the 2026–01–01 to 2028–12–31 performance period.
• Transaction code: A (award/grant).

Context These were equity grants, not open-market purchases or sales. Time-based restricted units vest over future dates; performance shares will only convert to shares if defined targets over 2026–2028 are achieved — such awards signal compensation alignment with long-term metrics but are not an immediate cash investment by the insider. Adjustments tied to corporate actions (the Versigent spin-off) can change award counts without indicating a change in insider sentiment.