Jarlegren Magnus 4
Research Summary
AI-generated summary
Autoliv (ALV) Jarlegren Magnus, EMEA President Receives RSU Award
What Happened
- Jarlegren Magnus, President of Autoliv EMEA, was granted a series of restricted stock unit (RSU) awards on 2026-06-08 totaling 80.409 RSUs (six separate grants: 9.647; 6.336; 4.053; 4.905; 51.369; 4.099). Each RSU is a contingent right to receive one share of ALV common stock; the awards are recorded at $0 cash cost at grant (derivative awards).
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-10.
- Total RSUs granted: 80.409 units (no cash paid at grant — reported value $0).
- Footnotes:
- F1: Each RSU converts to one share upon vesting.
- F2: Dividend equivalents accrue as additional RSUs, subject to the same vesting schedule.
- F3 & F4: Some awards are performance-based RSUs that vest and convert after completion and committee certification of three one-year performance periods ending Dec 31, 2026 and Dec 31, 2027 (as applicable).
- Shares owned after the transaction are not disclosed in the provided filing excerpt.
- Filing appears timely (transaction 2026-06-08; filing 2026-06-10); no late-filing flag noted in the excerpt.
Context
- These were grants/awards (not open-market purchases or sales). Grants are common executive compensation intended for retention and/or to align pay with performance; they do not represent an immediate cash outlay or sale of shares. Performance-based RSUs only convert to shares if performance goals are met and the committee certifies achievement.