Carlson Jan 4

What Happened Jan Carlson, a non-employee director and Chairman of Autoliv (ALV), had restricted stock units (RSUs) vest on May 7, 2026 and received shares as a result. A portion—614 shares—was withheld to cover tax withholding ($121.01 per share, totaling about $74,300). At the same time Carlson was granted 2,169 new RSUs under the 2026–2027 annual retainer for non-employee directors and Chairman service.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 11, 2026.
• Vesting/Conversion: 2,728 RSUs converted to shares (reported as derivative exercise/conversion, code M) at $0 exercise price (RSUs convert to shares).
• Tax withholding: 614 shares withheld (code F) at $121.01 per share, proceeds ≈ $74,300.
• New grant: 2,169 RSUs awarded (code A) as the 2026–2027 annual retainer for non-employee director/Chairman service.
• Footnotes: RSUs granted May 8, 2025 vested as part of the 2025–2026 retainer; each RSU equals one share; fractional RSUs are rounded down at vesting and any fractional portion is forfeited; the new RSUs vest in one installment at the earlier of the 2027 annual meeting or one year after May 7, 2026.
• Shares owned after the transactions: not disclosed in the Form 4 filing.

Context These transactions are routine director compensation activity: RSUs vested and converted into shares, and shares were withheld to satisfy tax obligations (a common practice rather than an open-market sale). The filing documents both the vesting/settlement of prior-year RSUs and the grant of next-year RSUs; no open-market purchases or discretionary sales by the director were reported.