MEISTER PAUL M 4
Research Summary
AI-generated summary
Aptiv Director Paul Meister Receives 6,344 RSUs; 590 Shares Withheld
What Happened Paul M. Meister, a director of Aptiv PLC (APTV), received a grant of 6,344 restricted stock units (RSUs) on 2026-04-29 (reported as an acquisition, code A). To cover taxes on vesting, 590 ordinary shares were withheld on 2026-04-28 at a price of $59.12 per share, generating $34,881 (reported as disposition, code F). The RSUs were reported with a $0.00 acquisition price (typical for awards).
Key Details
- Transaction dates and amounts:
- 2026-04-28: 590 shares withheld for tax payment at $59.12 — $34,881 (disposition, code F).
- 2026-04-29: Grant of 6,344 RSUs at $0.00 (acquisition, code A).
- Shares owned after the transactions: not specified in the filed report.
- Footnotes of note:
- F1: Shares were withheld to pay tax liabilities related to RSU vesting (routine).
- F2: Total reflects adjustment of outstanding awards due to the spin-off of Versigent PLC.
- F3: The RSUs represent rights to one ordinary share each and will vest in full one day before Aptiv’s 2027 Annual Meeting of Shareholders.
- Timeliness: Filing was submitted on 2026-04-30 for transactions on 2026-04-28 and 2026-04-29; no late filing is indicated.
Context
- The 590-share disposition is a tax-withholding event (code F), not an open-market sale — generally considered administrative/routine rather than a bearish signal.
- The 6,344 RSUs are awards (not purchases) and will convert to ordinary shares upon vesting; their future value depends on Aptiv’s stock price at vesting.
- Adjustments tied to the Versigent PLC spin-off affected award totals; such corporate actions can change outstanding award counts without reflecting a change in insider intent.