Vallance Robert R 4
4 · VISTEON CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) SVP Robert R. Vallance Receives Stock Awards
What Happened
Robert R. Vallance, Senior Vice President of Visteon Corporation (VC), received two equity awards on March 1, 2026: 6,491 performance rights and 4,327 restricted stock units (RSUs). Both grants were reported as derivative awards with an acquisition price of $0.00 (i.e., no cash paid). These are compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (filed within normal two-business-day window).
- Award types and amounts: 6,491 performance rights (F1); 4,327 RSUs (F2). Reported price: $0.00 for each award.
- Total cash paid: $0.00 (awards granted as compensation).
- Shares owned after transaction: Not disclosed in the Form 4.
- Footnote F1 (performance rights): Each right converts to one share if performance metrics (relative shareholder return and return on invested capital) are met over a three-year performance period; settlement in stock and subject to tax withholding.
- Footnote F2 (RSUs): 33% of RSUs vest on each March 15 following the grant for three years; vested RSUs convert to shares without payment and are subject to tax withholding.
- Transaction code: "A" = Grant/Award; reported as derivative securities.
Context
Performance rights are contingent awards that only become shares if specified performance goals are achieved; RSUs vest over time and then convert to stock. These grants are standard executive compensation and do not represent an immediate purchase or sale of Visteon stock. Such awards can dilute existing shareholders if and when they vest and convert to shares, but they are common tools to align executive incentives with company performance.
Insider Transaction Report
- Award
Performance Rights
[F1]2026-03-01+6,491→ 6,491 totalExp: 2029-02-28→ Common Stock (6,491 underlying) - Award
Restricted Stock Units
[F2]2026-03-01+4,327→ 4,327 totalExp: 2028-03-15→ Common Stock (4,327 underlying)
- 18,838
Common Stock
Footnotes (2)
- [F1]Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return and return on invested capital metrics over a three year performance period and payable in stock, subject to tax withholding.
- [F2]Restricted Stock Units vest to the extent of 33% of the units granted on the following March 15th of each year after the date of grant. Each Restricted Stock Unit will be converted and distributed to me, without payment, in stock upon vesting and based upon the then current market value of a share of Visteon common stock, subject to tax withholding.