Agnevall Hakan 4
Research Summary
AI-generated summary
Aptiv Director Hakan Agnevall Receives 3,086 RSUs; 271 Shares Withheld
What Happened
- Hakan Agnevall, a director of Aptiv PLC (APTV), was awarded 3,086 restricted stock units (RSUs) on 2026-04-29 (reported as an acquisition, code A). The filing also shows 271 Aptiv shares were disposed on 2026-04-28 to satisfy tax withholding related to vesting (code F) at $59.12 per share, totaling $16,022.
- The award is compensation (not an open-market purchase). The 271-share "sale" was a withholding for tax purposes rather than a discretionary sale into the market.
Key Details
- Transaction dates and prices:
- 2026-04-28: 271 shares withheld for taxes at $59.12 each (Disposition; $16,022 total).
- 2026-04-29: 3,086 RSUs granted at $0.00 per the Form 4 (Award/Acquisition).
- Shares owned after the transaction: not specified in the filing.
- Relevant footnotes from the filing:
- F1: Shares were withheld to pay tax liabilities on vesting of RSUs.
- F2: Totals reflect an adjustment due to the spin-off of Versigent PLC.
- F3: The RSUs each convert to one ordinary share and will vest in full one day before Aptiv's 2027 Annual Meeting.
- Timeliness: Filing dated 2026-04-30 for transactions on 2026-04-28 and 2026-04-29; the Form 4 does not indicate a late filing.
Context
- RSUs are a common form of equity compensation; grants signal compensation expense/retention rather than a director buying stock for investment purposes.
- The withheld shares represent a cashless tax withholding to satisfy tax obligations at vesting and do not necessarily indicate negative sentiment.
- For retail investors, awards like this are routine insider compensation. Purchases or open-market buys tend to be more informative about insider conviction than compensation grants.