Parris Colin J. 4
Research Summary
AI-generated summary
Aptiv (APTV) Director Colin Parris Receives RSU Award; 306 Shares Withheld
What Happened
- Colin J. Parris, a director of Aptiv PLC (APTV), received a grant of 3,292 restricted stock units (RSUs) on 2026-04-29 (awarded at $0.00). The filing also shows 306 shares were withheld on 2026-04-28 to pay tax liabilities related to vesting (withheld at $59.12 per share, totaling about $18,091). The RSU award reflects an adjustment related to the spin-off of Versigent PLC and will vest in full one day before Aptiv’s 2027 Annual Meeting.
Key Details
- Transactions: 2026-04-28 — 306 shares withheld for taxes (Code F) at $59.12 each (≈ $18,091); 2026-04-29 — grant/acquisition of 3,292 RSUs (Code A) at $0.00.
- Shares owned after the reported transactions: not specified in the filing.
- Footnotes: F1 = shares withheld to pay tax liabilities on vesting; F2 = award totals adjusted for Versigent PLC spin-off; F3 = RSUs represent rights to one ordinary share each and vest one day before the 2027 Annual Meeting.
- Timeliness: Filing dated 2026-04-30; transactions reported for 2026-04-28 and 2026-04-29 — appears timely (within Form 4 reporting window).
Context
- These were compensation-related transactions: the 3,292 RSUs are an award (not a market purchase), and the 306-share disposition was withholding to cover taxes (Code F), not an open-market sale. Tax withholding on vesting is routine and does not necessarily signal a director’s view of the stock.