Jones Jeffrey David 4
Research Summary
AI-generated summary
Visteon (VC) Director Jeffrey D. Jones Receives 1,829 Shares
What Happened
Jeffrey D. Jones, a director of Visteon Corporation (VC), had 1,829 restricted stock units (RSUs) automatically vest and convert into 1,829 shares of Visteon common stock on June 5, 2026. The filing reports the derivative conversion under transaction code M (exercise/conversion of a derivative). No per-share price or total dollar value is provided in the filing. A footnote states 15 of the shares reflect dividend equivalents paid in additional shares.
Key Details
- Transaction date: June 5, 2026; Form 4 filed: June 9, 2026 (timely filing).
- Reported transaction: Conversion of 1,829 RSUs into 1,829 shares (transaction code M). Price per share: N/A; total value: N/A.
- Footnote: RSUs “automatically vested” and were converted/paid in common stock without any election; 15 shares are dividend equivalents under the Visteon 2020 Incentive Plan.
- Shares owned after the transaction: Not specified in the provided filing.
- No open-market sale or purchase reported — this was an award/vesting event, not a buy or sell by the insider.
Context
For retail investors: this is a routine equity-compensation event (RSU vesting/conversion) rather than a discretionary purchase or sale that signals immediate insider sentiment. Transaction code M covers conversion of derivative awards (such as RSUs) into common stock; because no sale was reported here, the insider simply received company shares as compensation.