Lawande Sachin 4

What Happened
Sachin Lawande, President, CEO and a director of Visteon Corp (VC), received two stock-based awards on 2026-03-01: 65,851 performance rights and 43,901 restricted stock units (total 109,752 units). Both awards are reported as acquisitions at $0.00 because they are equity compensation (derivative awards), not open-market purchases.

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing).
• Awards: 65,851 performance rights (F1) and 43,901 restricted stock units (F2); each entry reported as acquired at $0.00.
• Shares owned after the transaction: Not disclosed in the provided Form 4.
• Footnote F1: Each performance right is a contingent right to receive one share, vesting based on relative shareholder return and return on invested capital over a three-year performance period; payable in stock and subject to tax withholding.
• Footnote F2: RSUs vest 33% on each March 15 following the grant date until fully vested; converted and distributed in stock upon vesting, subject to tax withholding.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context
These are compensation grants, not purchases or sales, so they do not represent immediate cash proceeds or open-market buying/selling. Performance rights are contingent on future performance metrics and may never convert to shares if targets aren’t met; RSUs vest over time. Such awards are routine executive compensation and should be interpreted as remuneration rather than a direct bullish or bearish trade.