Hicok Gary 4
4 · VISTEON CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) Director Gary Hicok Receives Restricted Stock Award
What Happened
Gary Hicok, a director of Visteon Corporation, received a grant of 1,532 restricted stock units (RSUs) on 2026-07-01. The grant is reported at a grant-date value of $99.02 per share, totaling $151,699. This was an award (transaction code A) — not an open-market purchase or sale — and represents equity compensation credited to his account.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (filed timely).
- Grant amount: 1,532 RSUs; grant-date value: $99.02 per share; total reported value: $151,699.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnote: the RSUs were credited without payment under the company's 2020 Incentive Plan and generally will convert to and be distributed as common stock, without payment, on the one-year anniversary of the grant based on then-current market value.
- Transaction type: Derivative award (RSU grant), transaction code A.
Context
RSU grants are a form of compensation and align directors with shareholder interests but do not involve an immediate cash outlay or open-market buying/selling. These RSUs vest/convert into actual shares (per the footnote) after the specified period, at which point they may affect share count and potential insider selling if/when distributed. This grant is informational about compensation rather than an immediate bullish/pessimistic trading signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-07-01$99.02/sh+1,532$151,699→ 1,532 totalFrom: 2027-07-01Exp: 2027-07-01→ Common Stock (1,532 underlying)
- 0
Common Stock
Footnotes (1)
- [F1]These Restricted Stock Units were credited to my account, with out payment by me, under the Company's 2020 Incentive Plan. In general, these Restricted Stock Units will be converted and distributed to me, without payment, in shares of common stock on the one year anniversary of the date of grant, based upon the then current market value of a share of common stock.