Rouquet Jerome 4

What Happened Jerome Rouquet, Senior Vice President & Chief Financial Officer of Visteon, had Restricted Stock Units (RSUs) vest and convert into 5,965 shares of Visteon common stock on March 15, 2026. To satisfy income tax withholding obligations, Visteon withheld a total of 2,604 shares (disposed back to the company) with an aggregate value of $232,001, leaving Rouquet with a net delivery of 3,361 shares. The withholding transactions used fair-market values of $89.09 (most withholdings) and $90.06 (an 11-share withholding on March 16).

Key Details

• Transaction type: RSU vesting / conversion to common stock (derivative conversion) and share withholding to satisfy taxes. Derivative code M for conversion; F for withholding.
• Vesting/conversion date: March 15, 2026 (one small withholding recorded March 16, 2026).
• Shares involved: 5,965 shares vested/converted; 2,604 shares withheld for taxes; net shares delivered = 3,361.
• Withholding breakdown and values: 524 shares withheld @ $89.09 = $46,683; 789 shares @ $89.09 = $70,292; 1,280 shares @ $89.09 = $114,035; 11 shares @ $90.06 = $991. Total withheld ≈ $232,001.
• Valuation date(s): Most values based on March 13, 2026 fair market value; one dividend-equivalent withholding valued as of March 16, 2026 (per footnotes).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed March 17, 2026 for transactions dated March 15–16, 2026 — appears timely (not marked late).
• Relevant footnotes: F1 notes RSUs automatically vested and converted (47 of the shares reflect dividend equivalents). F2/F3 confirm shares were withheld by Visteon to satisfy tax withholding. F4 describes the standard 33% annual vesting schedule for the grant.

Context This was an award/vesting event (RSUs converting to stock) rather than an open-market purchase or active sale by the insider. The company withheld a portion of the vested shares to cover tax obligations (a common cashless-withholding method) and reported the resulting disposals. These filings generally reflect routine compensation-related activity rather than a directional trade signal.