Sharif Qais M 4

What Happened
Sharif Qais, Senior Vice President of Visteon Corp (VC), was granted two equity awards on March 1, 2026: 3,763 performance rights and 2,509 restricted stock units (RSUs). Both awards were reported as derivative grants with an acquisition price of $0.00 (i.e., no cash paid at grant). These are awards (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely).
• Award amounts: 3,763 performance rights and 2,509 RSUs; reported price $0.00.
• Reported as derivative awards (not immediate common-stock transfers).
• Shares owned after the transaction: not specified in the provided filing details.
• Notable footnotes:
  • F1: Each performance right can convert to one share subject to relative shareholder return and return-on-invested-capital (ROIC) performance over a three-year period; payout in stock and subject to tax withholding.
  • F2: RSUs vest 33% on each March 15 following the grant until fully vested; each unit converts to one share on vesting and is subject to tax withholding.
• No indication of a 10b5-1 plan, gift, cashless exercise, or late filing in the provided data.

Context
These awards are deferred/contingent equity compensation: performance rights depend on multi-year performance metrics, while RSUs vest over time. Because no cash was exchanged at grant, these do not reflect an immediate purchase or sale of shares; they represent potential future share delivery subject to vesting and performance conditions. For retail investors, such grants are routine executive compensation and do not, by themselves, constitute a direct market buy/sell signal.