Karaboutis Adriana 4
Research Summary
AI-generated summary
Autoliv (ALV) Director Adriana Karaboutis Receives RSUs
What Happened
- Adriana Karaboutis, a non-employee director of Autoliv Inc. (ALV), had restricted stock units (RSUs) vest/convert on May 7, 2026 and also received a new RSU grant. The filing shows an exercise/conversion (code M) of ~1,756 RSUs into shares at $0.00 and a contemporaneous disposition entry for ~1,756.011 shares at $0.00 (administrative/derivative reporting). In addition, she was granted 1,405 RSUs (code A) on the same date. No cash value is reported in the filing for these entries.
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (filed within the required reporting window).
- Entries reported: Exercise/conversion (M) ~1,756 shares @ $0.00 (acquired); disposition of ~1,756.011 shares @ $0.00 (derivative); grant/award (A) 1,405 RSUs @ $0.00 (acquired).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1–F3 explain the vested RSUs were from a May 8, 2025 grant and that each RSU equals one share; fractional RSUs are rounded down at vesting. F4–F5 describe the new 1,405 RSU grant as part of the 2026–2027 retainer and that those RSUs vest and convert in one installment by the earlier of the 2027 annual meeting or May 7, 2027.
- No open-market purchase or sale reported; these are compensation-related equity events (awards/vesting).
Context
- RSU vesting and conversion (reported as derivative exercise/conversion) are routine director compensation events rather than purchases or market sales; they do not, by themselves, indicate buying or selling sentiment. The new RSU grant vests on a future date as described in the footnotes.