VISTEON CORP·4

Jun 9, 4:44 PM ET

Bergman Naomi M. 4

Research Summary

AI-generated summary

Updated

Visteon (VC) Director Naomi Bergman Receives 1,829 Shares via RSU Vesting

What Happened

  • Naomi M. Bergman, a Visteon director, had 1,829 restricted stock units (RSUs) automatically vest on June 5, 2026. The RSUs were converted and paid in 1,829 shares of Visteon common stock. The Form 4 shows an "acquired" entry (conversion to stock) and a matching "disposed" entry reporting cancellation of the derivative RSUs.
  • No per-share price or total dollar value is reported on the filing; the footnote states the share value was based on Visteon's fair market value on June 5, 2026. Fifteen of the delivered shares represent dividend equivalents paid in additional shares.

Key Details

  • Transaction date: June 5, 2026 (reported on Form 4 filed June 9, 2026) — filing appears timely.
  • Transaction code: M (conversion/exercise of a derivative instrument; here RSU conversion).
  • Shares acquired: 1,829 common shares; 15 of those are dividend-equivalent shares.
  • Price reported: N/A (value based on fair market value as of 6/5/2026 per footnote).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote: RSUs vested automatically and converted to common stock without any election/action by the insider; value based on FMV; 15 shares reflect dividend equivalents.

Context

  • This was not an open-market purchase or sale but the routine vesting/conversion of RSUs into shares (an award vesting event). Such vesting is commonly part of long-term compensation and does not by itself signal a buy or sell decision by the insider.
  • For retail investors: vesting increases insider share holdings but is typically compensation-related rather than an expression of near-term market sentiment.