Ribeiro Joao Paulo 4

What Happened

• Joao Paulo Ribeiro, Senior Vice President of Visteon Corporation, had Restricted Stock Units (RSUs) vest on March 15, 2026. A total of 1,513 RSUs converted to common stock (including 9 shares issued as dividend equivalents). To satisfy tax-withholding obligations, Visteon withheld 768 shares, leaving approximately 745 net shares delivered to Ribeiro. The withholding generated payments of about $68,426 to cover taxes (based on $89.09/share for the main vesting and $90.06/share for dividend equivalents).

Key Details

• Transaction dates: Vesting/conversion on 2026-03-15; one withholding entry dated 2026-03-16.
• Shares converted (acquired): 331, 502, and 680 = 1,513 total.
• Shares withheld (disposed for tax): 167, 253, 343 (on 3/15 at $89.09) and 5 (on 3/16 at $90.06) = 768 shares withheld.
• Withholding value (sum reported): $14,878 + $22,540 + $30,558 + $450 = $68,426 (approx).
• Net shares delivered to insider (approx): 1,513 − 768 = 745 shares.
• Relevant footnotes: F1 explains automatic conversion of RSUs and 9 dividend-equivalent shares; F2/F3 describe shares withheld to satisfy tax withholding; F4 explains annual vesting schedule (33% each March 15).
• Filing timeliness: Reported period 2026-03-15, filed 2026-03-17 — appears timely.
• Shares owned after transaction: Not specified in the provided filing details.

Context

• These transactions are vesting and tax-withholding events (derivative conversions and F-code withholding), not open-market buys or discretionary sales. Converting RSUs to shares with some withheld for taxes is a routine administrative step ("sell-to-cover"/share withholding) and does not, by itself, indicate an insider trading signal.