BRLAS LAURIE 4

What Happened
Laurie Brlas, a non-employee director of Autoliv Inc. (ALV), had RSUs vest and convert into shares and also received a new RSU grant on May 7, 2026. Specifically, 1,756 RSUs vested and were converted to shares (recorded as an exercise/conversion of a derivative at $0.00). The filing also shows a closely matching derivative disposition (1,756.011 units at $0.00) consistent with administrative conversion reporting and fractional-unit handling. In addition, Brlas was granted 1,405 new RSUs (recorded as an award) at $0.00 as part of the 2026–2027 annual retainer.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (appears to be within the typical 2-business-day reporting window).
• Vesting/Conversion: 1,756 RSUs converted to shares (price $0.00). A related derivative entry of 1,756.011 units at $0.00 is recorded—see footnote on fractional rounding.
• Grant: 1,405 RSUs awarded at $0.00 as part of the 2026–2027 non-employee director retainer.
• Fractional treatment: Footnote says fractional RSUs are rounded down at vesting and fractional amounts are forfeited (explains the fractional/administrative numbers).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No cash purchase or open-market sale occurred; these are award/vesting transactions (A and M codes), not purchases (P) or sales (S).

Context
RSU vesting and new RSU grants are routine director compensation actions and do not represent an open-market buy or sell. The $0.00 prices indicate conversion/award mechanics (no cash paid). The new RSUs will vest and convert to shares in one installment on the earlier of Autoliv’s 2027 annual meeting or one year from May 7, 2026, per the filing.