Research Summary
AI-generated summary of this SEC filing
Autoliv (ALV) EVP Staffan Olsson Receives RSU Award
What Happened Staffan Olsson, Executive Vice President, Operations at Autoliv (ALV), received five restricted stock unit (RSU) awards on September 15, 2026. The grants were for 3.401, 4.861, 1.429, 3.768 and 3.041 RSUs, respectively — totaling 16.5 RSUs — recorded at $0.00 per share (derivative awards). These RSUs represent contingent rights to receive ALV common stock upon vesting rather than an immediate cash purchase or sale.
Key Details
- Transaction date: 2026-09-15; Form filed: 2026-09-16 (appears timely under Form 4 rules).
- Grants: 3.401, 4.861, 1.429, 3.768 and 3.041 RSUs (total = 16.5 RSUs) at $0.00 (derivative awards).
- Reported value: $0 (the awards are recorded as RSUs, not immediate cash transactions).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Each RSU equals a contingent right to one share upon vesting.
- F2: Dividend equivalents accrue as additional RSUs and follow the same vesting schedule.
- F3–F4: Some RSUs are performance-based and vest (and convert to shares) after the completion of multi‑year performance periods ending Dec 31, 2026 and Dec 31, 2027, subject to committee certification.
- Transaction code: A = Award/Grant.
Context RSU awards are a form of long-term compensation that convert into shares only upon meeting vesting and, for some tranches, performance conditions. Because these are grants (not open-market purchases or sales), they do not reflect an immediate bullish or bearish trading action by the insider — they are part of executive pay and retention practices. Performance-based RSUs in this grant will vest only after the applicable performance periods end and the company certifies achievement levels.