Aptiv PLC·4

Apr 30, 4:03 PM ET

Mahoney Sean O 4

Research Summary

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Aptiv (APTV) Director Sean Mahoney Receives RSU Award; 408 Shares Withheld

What Happened

  • Sean O. Mahoney, a director of Aptiv PLC (APTV), was granted 3,292 restricted stock units (RSUs) on 2026-04-29 (reported as an acquisition, code A) and, on 2026-04-28, had 408 shares withheld to cover tax liabilities related to a vesting event (reported as code F). The withheld 408 shares were reported at $59.12 each, totaling $24,121. The RSUs are reported as awards (each representing a right to receive one ordinary share) and carry a vesting schedule noted in the filing.

Key Details

  • Filing date: 2026-04-30; Report period: 2026-04-28. Filing appears timely (within the Form 4 reporting window).
  • Transactions:
    • 2026-04-28: 408 shares withheld for taxes, $59.12 per share, disposition value $24,121 (code F; footnote F1).
    • 2026-04-29: 3,292 RSUs granted (code A); reported acquisition price $0 on the Form 4.
  • Shares owned after transaction: not specified in the filing.
  • Notable footnotes:
    • F1: Shares were withheld to pay tax liabilities on vesting.
    • F2: Total reflects adjustment of outstanding awards due to the spin-off of Versigent PLC.
    • F3: RSUs represent rights to one ordinary share each and will vest in full one day before the Issuer's 2027 Annual Meeting of Shareholders.
  • Transaction codes explained: A = award/grant (acquisition of RSUs); F = shares withheld to cover tax liability (disposition).

Context

  • The grant (A) is an issuance of RSUs, not an open-market purchase; RSUs typically convert to shares upon vesting and do not necessarily signal immediate buying or selling intent. The withholding (F) is routine: companies often retain a portion of vested shares to satisfy tax obligations rather than requiring cash payment. The filing does not indicate any open-market sale or a 10% owner transaction.