Jakkal Vasumati P. 4
Research Summary
AI-generated summary
Aptiv Director Vasumati Jakkal Receives 4,115-Share Award
What Happened
- Director Vasumati P. Jakkal was granted 4,115 restricted stock units (RSUs) on 2026-04-29 (reported as an "A" award). The grant is reported at $0.00 per share (typical for RSUs) and thus shows $0 acquisition price.
- On 2026-04-28, 383 ordinary shares were withheld to cover tax liabilities related to vesting (reported as an "F" tax-withholding disposition) at $59.12 per share, totaling $22,643.
- These transactions were reported on a Form 4 filed 2026-04-30 (timely relative to the reported dates).
Key Details
- Dates and prices: 2026-04-28 — 383 shares withheld at $59.12 (disposed) = $22,643; 2026-04-29 — 4,115 RSUs granted at $0.00 (acquired).
- Shares owned after transaction: not specified in the summary provided.
- Footnotes of note:
- F1: Shares were withheld to pay tax liabilities on vesting (tax-withholding disposition).
- F2: Total reflects adjustment of outstanding awards due to the spin-off of Versigent PLC.
- F3: The RSUs each represent a right to one ordinary share and will vest in full one day before Aptiv’s 2027 Annual Meeting of Shareholders.
- Transaction codes: A = Award/Grant, F = Tax withholding (not an open-market sale).
- Filing timeliness: Form 4 filed 2026-04-30 for transactions on 4/28–4/29 — appears timely.
Context
- RSU grants are awards that convert to shares upon vesting; the $0.00 grant price is standard for RSUs and does not mean the award lacks value. The withholding of 383 shares was to satisfy taxes and is not an open-market sale signaling a change in investment stance. The RSUs vest next year (one day before the 2027 annual meeting), so shares will be delivered then if vesting conditions are met.