Lawande Sachin 4

4 · VISTEON CORP · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Visteon (VC) CEO Sachin Lawande Receives RSU Award; Shares Withheld

What Happened

Sachin Lawande, Visteon’s CEO, President and a director, had Restricted Stock Units (RSUs) automatically vest and convert into 32,443 shares of Visteon common stock on March 15, 2026. To satisfy tax-withholding obligations, Visteon withheld 14,148 of those shares, representing proceeds of approximately $1.26 million. The remaining shares (about 18,295) were delivered to Mr. Lawande.

Key Details

Transaction dates: RSU vesting and conversion on March 15, 2026; an additional withholding payment posted March 16, 2026.
Withheld/share sale prices and values: 2,755 shares withheld at $89.09 = $245,443; 4,597 shares withheld at $89.09 = $409,547; 6,737 shares withheld at $89.09 = $600,199; 59 shares withheld at $90.06 = $5,314. Total withheld value ≈ $1,260,503.
Shares acquired on vesting: 6,343 + 10,586 + 15,514 = 32,443 shares (includes 290 dividend-equivalent shares).
Shares withheld for taxes: total 14,148 shares; net delivered to insider ≈ 18,295 shares.
Footnotes: F1–F4 state the RSUs automatically vested and converted to common stock, values were based on the fair market value as of March 13, 2026 (and March 16 for certain dividend-equivalent withholding), 290 shares reflect dividend equivalents, and withholding was done by Visteon to satisfy income tax obligations.
Shares owned after transaction: not specified in the filing.
Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld to satisfy tax liabilities (sell/withhold).

Context

This was an award/vesting event rather than an open-market purchase or voluntary sale. The pattern—RSUs vesting and the company withholding shares to cover taxes—is a common, administrative insider transaction (often called a sell- or withhold-to-cover), and does not by itself indicate a personal trading decision for or against the stock.

Form 4

Period: 2026-03-15

DirectorCEO and President

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-15+6,343→ 181,870 total
Tax Payment
Common Stock
[F2]
2026-03-15$89.09/sh−2,755$245,443→ 179,115 total
Exercise/Conversion
Common Stock
[F1]
2026-03-15+10,586→ 189,701 total
Tax Payment
Common Stock
[F2]
2026-03-15$89.09/sh−4,597$409,547→ 185,104 total
Exercise/Conversion
Common Stock
[F1]
2026-03-15+15,514→ 200,618 total
Tax Payment
Common Stock
[F2]
2026-03-15$89.09/sh−6,737$600,199→ 193,881 total
Tax Payment
Common Stock
[F3]
2026-03-16$90.06/sh−59$5,314→ 193,822 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-03-15−6,343→ 0 total
Exp: 2026-03-15→ Common Stock (6,343 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-03-15−10,586→ 10,491 total
Exp: 2027-03-15→ Common Stock (10,586 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-03-15−15,514→ 30,750 total
Exp: 2028-03-15→ Common Stock (15,514 underlying)

Holdings

Footnotes (4)

[F1]Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2026 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 13, 2026, the next preceding trading day, and 290 of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
[F2]These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of March 13, 2026, the next preceding trading day.
[F3]The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the receipt of dividend equivalents pursuant to the terms of the Visteon Corporation 2020 Incentive Plan. The value of each share was based on the fair market value of Visteon common stock as of March 16, 2026.
[F4]Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.

Signature

Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Sachin S. Lawande|2026-03-17

1 file