Naughton Colin 4
Research Summary
AI-generated summary
Autoliv (ALV) President Colin Naughton Receives RSU Award
What Happened
- Colin Naughton, President, Autoliv Asia, was granted a total of 50.909 restricted stock units (RSUs) on 2026-06-08 in six award entries (9.647; 6.336; 4.053; 4.905; 4.099; 21.869). Each unit was granted at $0.00 (derivative award), so no cash changed hands at grant.
Key Details
- Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (timely filing).
- Grant amounts and price: six RSU awards totaling 50.909 RSUs at $0.00 per unit (derivative acquisition).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1—each RSU represents a contingent right to one ALV share; F2—dividend equivalent rights accrue as additional RSUs; F3/F4—some RSUs are performance-based and vest/convert after the three one-year performance periods ending Dec 31, 2026 (F3) or Dec 31, 2027 (F4), subject to committee certification.
- No sale or open-market purchase was reported; these are award grants (transaction code A).
Context
- These are equity awards (RSUs), not purchases or sales; they typically vest over time or upon achievement of performance goals and therefore do not reflect an immediate change in market exposure.
- Dividend-equivalent RSUs and performance-based RSUs mean final share delivery depends on dividend accrual and later performance certification per the award terms.