Trecker Kristin 4

What Happened

• Kristin Trecker, Senior Vice President of Visteon Corp (VC), received equity awards on 2026-03-01 consisting of 6,028 performance rights and 4,019 restricted stock units (RSUs). Both awards are reported as acquired at $0.00 (derivative awards), for a combined total of 10,047 potential shares.
• These were grants/awards (not open-market purchases or sales), so they represent compensation incentive awards rather than a direct market bet by the insider.

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing).
• Grant amounts and price: 6,028 performance rights @ $0.00 (derivative); 4,019 RSUs @ $0.00 (derivative).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: Each performance right can convert into one share if performance goals (relative shareholder return and return on invested capital) are met over a three‑year performance period; payable in stock and subject to tax withholding.
  • F2: RSUs vest 33% on each March 15 following the grant until fully vested; each RSU converts to one share upon vesting, subject to tax withholding.
• No indication of a 10b5-1 plan, sale, purchase, or tax‑withholding disposition in the provided details.

Context

• These are compensation grants (derivative awards) rather than purchases or sales; they typically vest over time or upon meeting performance goals and therefore do not immediately change Trecker’s liquid ownership or signal a near-term market view.
• Performance rights are contingent on multi-year metrics (TSR and ROIC) and only convert to shares if those targets are met; RSUs follow a time‑based vesting schedule.