Yih Sng 4

What Happened

• Yih Sng, President of Autoliv China, received five restricted stock unit (RSU) awards on 2026-06-08 (transaction code A). The grants total 29.04 RSUs (9.647 + 6.336 + 4.053 + 4.905 + 4.099) and were reported as derivative acquisitions at $0.00 (no cash paid). RSUs represent contingent rights to receive common shares upon vesting rather than an immediate open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-08; grant/award entries priced at $0.00 (A — award of derivative securities).
• Total RSUs awarded: 29.04 RSUs.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Filing date: Form 4 filed 2026-06-10 for a 2026-06-08 grant — appears timely (Form 4 is typically due within two business days).
• Notable award terms (from footnotes):
  • F1: Each RSU equals a contingent right to one share of ALV common stock.
  • F2: Dividend equivalents are paid as additional RSUs (if cash dividends occur between grant and vesting).
  • F3/F4: Some RSUs are performance-based and vest (convert to shares) after completion of three one-year performance periods ending Dec 31, 2026 or Dec 31, 2027, subject to committee certification of performance.

Context

• These are grant awards (retention/incentive compensation) rather than open-market buys or sells; they do not themselves indicate immediate trading intent. Performance-based RSUs will only convert to shares if specified performance goals and vesting conditions are met. Dividend-equivalent treatment means the award can grow via additional RSUs if dividends are paid before vesting.