Laroyia Varun 4

What Happened

• Laroyia Varun, Chief Financial Officer of Aptiv PLC (APTV), was granted a total of 71,285 shares on 2026-04-22: 28,514 shares (restricted or time-based award) and 42,771 performance shares. Both grants were recorded at $0 per share (standard for equity awards) and thus show $0 cash paid. These were reported on a Form 4 filed 2026-04-23 (transaction code A — award/grant).

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-23.
• Grant amounts and prices: 28,514 shares @ $0.00; 42,771 shares @ $0.00 (total 71,285 shares, $0 cash outlay).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: Shares vest in three equal installments beginning February 28, 2027.
  • F2: Total reflects adjustment of outstanding awards due to the spin-off of Versigent PLC.
  • F3: Each performance share is a contingent right to receive an Aptiv ordinary share and vests only if specified performance criteria are met for the performance period Jan 1, 2026–Dec 31, 2028.
• Filing timeliness: Form 4 was filed one day after the reported transaction date; no late filing flag is shown.

Context

• These are compensation awards (not an open-market purchase or sale). RSUs and performance shares typically represent future pay tied to service and/or performance and do not provide immediate liquidity until vesting/settlement conditions are met.
• The performance-share component means actual shares received will depend on meeting performance targets over 2026–2028. The spin-off adjustment (F2) reflects corporate-action recalibration of prior awards, not a new cash transaction.