Rouquet Jerome 4
Research Summary
AI-generated summary
Visteon (VC) CFO Jerome Rouquet Receives Equity Awards
What Happened
Jerome Rouquet, Senior Vice President & Chief Financial Officer of Visteon Corp (VC), received equity awards on March 1, 2026: 12,512 performance rights and 8,341 restricted stock units (RSUs). Both awards are reported as derivative acquisitions at $0.00 on the Form 4 (no cash paid at grant). These are compensation awards rather than open‑market purchases or sales.
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (appears timely).
- Awards: 12,512 performance rights (F1) and 8,341 RSUs (F2). Reported acquisition price: $0.00.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — performance rights convert to one share each if performance targets (relative shareholder return and return on invested capital) are met over a three‑year performance period; payout is in stock and subject to tax withholding. F2 — RSUs vest 33% on each March 15 following the grant date until fully vested and convert to stock upon vesting, subject to tax withholding.
- Transaction type code: A = Award/Grant (derivative equity compensation).
Context
These grants are standard executive compensation: performance rights depend on future company performance, while RSUs vest over time. Such awards do not reflect an immediate cash investment or sale by the insider; purchases are generally considered a stronger direct signal of insider conviction than routine compensation grants.