Bratt Mikael 4
4 · AUTOLIV INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Autoliv (ALV) CEO Mikael Bratt Receives RSU Award
What Happened
Mikael Bratt, President & CEO and a director of Autoliv (ALV), was granted two restricted stock unit (RSU) awards on 2026-03-19 totaling 96.703 RSUs (60.040 and 36.663 RSUs). The grants were reported as awards (code "A") with an acquisition price of $0.00 (these are derivative awards, not open‑market purchases). No immediate cash changed hands; the RSUs represent rights to receive shares if and when they vest.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (within the required reporting window).
- Awards: 60.04 RSUs and 36.663 RSUs — total 96.703 RSUs — reported at $0.00 per unit.
- Nature of award: RSUs (derivative). Each RSU equals a contingent right to one share upon vesting (Footnote F1).
- Dividend equivalents: Any cash dividends during the period may be paid as additional RSUs subject to the same vesting schedule (F2).
- Performance & vesting: Portions are performance-based and will vest and convert to shares after completion of multi-year performance periods and committee certification (one award vests after the performance period ending Dec 31, 2026 (F3); the other after Dec 31, 2027 (F4)).
- Shares owned after transaction: Not specified in the provided excerpt.
Context
RSU grants are routine elements of executive compensation and are neither an immediate purchase nor a sale. These awards become economically meaningful only if vesting conditions and, for the performance-based RSUs, performance targets are satisfied and the awards convert into shares.
Insider Transaction Report
- Award
Performance-Based Restricted Stock Units (2024 Grant)
[F1][F2][F3]2026-03-19+60.04→ 7,081.316 total→ Common Stock (60.04 underlying) - Award
Performance-Based Restricted Stock Units (2025 Grant)
[F1][F2][F4]2026-03-19+36.663→ 4,324.063 total→ Common Stock (36.663 underlying)
Footnotes (4)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
- [F2]Dividend equivalent rights accrued in the form of additional RSUs. Per the award agreement, cash dividends with a record date on or after the grant date and paid on or before the vesting date yield additional RSUs subject to the same vesting schedule as the underlying RSUs.
- [F3]The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2026 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
- [F4]The performance-based RSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2027 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.