Vallance Robert R 4

What Happened
Robert R. Vallance, Senior Vice President of Visteon Corporation, had Restricted Stock Units (RSUs) automatically vest and convert into common stock on March 15, 2026. A total of 2,781 RSUs converted into shares (554 + 834 + 1,393). To satisfy income tax withholding, Visteon withheld 1,150 shares (228, 344, 573 and 5 shares) with reported withholding values of $20,313; $30,647; $51,049; and $450 respectively—totaling $102,459. Net shares delivered to Vallance: 1,631. Footnotes indicate 18 of the shares reflect dividend equivalents.

Key Details

• Transaction date(s): primary vesting/conversion on 2026-03-15; an additional tax-withholding entry on 2026-03-16 for 5 shares.
• Prices used for withholding: $89.09 per share (valuation as of Mar 13, 2026) for most withheld shares; $90.06 for the 5-share entry on Mar 16.
• Shares issued on vesting (gross): 2,781; shares withheld for taxes (disposed): 1,150; net issued to insider: 1,631. Total value withheld ≈ $102,459.
• Footnotes: F1–F4 explain automatic vesting/conversion to stock, 18 dividend-equivalent shares, and that shares were withheld solely to satisfy income tax withholding.
• Filing timeliness: Report filed 2026-03-17 for a 2026-03-15 event — within the normal Form 4 filing window (timely).

Context
This was not an open-market purchase or voluntary sale but routine vesting of equity compensation (RSUs) and withholding of shares to cover tax obligations (a common, non-dispositive corporate action). The Form 4 lists “M” (conversion of derivative/RSU) and “F” (tax withholding) codes — the derivative entries reflect conversion of RSUs into common stock, and the F entries reflect shares withheld to pay taxes. No 10% owner or 10b5-1 plan implications are indicated in the provided excerpt.