Myers Colleen Elizabeth 4
4 · VISTEON CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) CAO Colleen Myers Receives RSU Shares; Tax Withholding
What Happened
Colleen Elizabeth Myers, Chief Accounting Officer of Visteon Corporation (VC), had Restricted Stock Units (RSUs) automatically vest on March 15, 2026. A total of 674 RSUs converted into 674 shares of Visteon common stock. To satisfy income tax withholding, Visteon withheld 201 of those shares at a fair market value of $89.09 per share (based on the March 13, 2026 trading day), yielding approximately $17,907 in withholding. The net shares delivered to Myers after withholding were 473. One of the vested shares reflects dividend equivalents paid in additional shares.
Key Details
- Transaction date: March 15, 2026 (reported on Form 4 filed March 17, 2026) — filing appears timely.
- RSUs converted/vested: 674 shares (93 + 244 + 337 across grants).
- Shares withheld for taxes: 201 shares (32 + 72 + 97) at $89.09/share; total withholding ≈ $17,907.
- Net shares received: 473 shares (674 vested − 201 withheld).
- Footnotes: F1 notes automatic conversion of RSUs and one dividend-equivalent share; F2 confirms shares were withheld to satisfy tax obligations; F3 describes the RSU vesting schedule (33% each March 15 after grant).
- No purchase or open-market sale reported; this was a vesting/conversion event with tax withholding (M = conversion/exercise of derivative; F = withholding for taxes).
Context
This was not an open-market buy or sale by the insider but a routine equity compensation vesting event. The conversion of RSUs and share-withholding to cover taxes is common and does not by itself indicate a buy or sell decision by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-15+93→ 336 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−32$2,851→ 304 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+244→ 548 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−72$6,414→ 476 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+337→ 813 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−97$8,642→ 716 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-15−93→ 0 totalExp: 2026-03-15→ Common Stock (93 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-15−244→ 245 totalExp: 2027-03-15→ Common Stock (244 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-15−337→ 672 totalExp: 2028-03-15→ Common Stock (337 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit, which is the economic equivalent of one share of Visteon common stock, automatically vested on March 15, 2026 and was converted and paid to me in common stock without any election or action on my part. The value of each share was based on the fair market value of Visteon common stock as of March 13, 2026, the next preceding trading day, and one of the shares reflect dividend equivalents paid in additional shares pursuant to the terms of the Visteon Corporation 2020 Incentive Plan.
- [F2]These shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the vesting of certain Restricted Stock Units. The value of each share was based on the fair market value of Visteon common stock as of March 13, 2026, the next preceding trading day.
- [F3]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.