Research Summary
AI-generated summary of this SEC filing
Autoliv (ALV) President Yih Sng Receives RSU Award
What Happened
- Yih Sng, President, Autoliv China, was granted a total of 32.263 restricted stock units (RSUs) on September 15, 2026. The filing shows five award lines: 10.718, 7.039, 4.503, 5.449 and 4.554 RSUs, each recorded at $0.00 (award/grant, transaction code A). These are derivative awards (contingent rights to receive shares) and required no cash payment at grant.
Key Details
- Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely filing).
- Per-line grants (all $0.00): 10.718 RSUs; 7.039 RSUs; 4.503 RSUs; 5.449 RSUs; 4.554 RSUs — total 32.263 RSUs.
- Shares owned after the transaction: not specified in the provided filing details.
- Notable footnotes from the filing:
- F1: Each RSU equals a contingent right to one share of ALV common stock.
- F2: Dividend equivalents accrue as additional RSUs, subject to the same vesting schedule.
- F3/F4: Some RSUs are performance-based and will vest and convert to shares only after the completion of the relevant multi-year performance period (ending Dec 31, 2026 or Dec 31, 2027) and certification by the Leadership Development and Compensation Committee.
- Transaction code: A = Award/Grant (derivative RSUs). No tax-withholding or sale codes were reported in the provided lines.
Context
- These awards are compensation grants, not open-market purchases or sales. RSUs are typically subject to vesting and (for the performance RSUs) committee certification, so they do not represent immediately tradable shares. Such grants are routine for executive compensation and do not by themselves indicate insider buying or selling intent.