Lawande Sachin 4

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.