Yang Hongyong 4

What Happened

• Yang Hongyong, Vice President and General Manager, Fuel Systems Asia Pacific, received 4 restricted stock units (RSUs) on June 23, 2026. The Form 4 lists the acquisition as an award (code A) at $0.00 per share (total value reported $0).
• This was an award/adjustment (not a purchase or sale). According to the filing footnote, these RSUs were acquired via automatic reinvestment of dividends on outstanding RSUs, per the award terms.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (timely filing).
• Transaction type/code: Award/Acquisition (A); price reported $0.00.
• Shares acquired: 4 (listed as restricted stock units per footnote F2).
• Relevant footnote: F1 — these 4 RSUs reflect automatic dividend reinvestment on outstanding RSUs held on the dividend record date.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Other footnotes in the filing (F3–F5) describe phantom-unit awards and vesting schedules for other grants; they do not alter that this specific transaction was an RSU dividend reinvestment.

Context

• RSUs are compensation awards that typically vest over time or on certain conditions; they are not an open-market purchase and don’t necessarily signal immediate insider buying or selling.
• Because this was an automatic dividend reinvestment into RSUs, it’s a routine award/administrative adjustment rather than a market-timed trade.