Trecker Kristin 4
4 · VISTEON CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) SVP Kristin Trecker Receives RSU Shares
What Happened
Kristin Trecker, Senior Vice President of Visteon Corporation (VC), had Restricted Stock Units (RSUs) that automatically vested on March 15, 2026 and were converted into common shares (reported as derivative conversion, code M). A total of 2,766 shares were delivered on vesting (this total includes 18 dividend-equivalent shares). To satisfy withholding obligations, 1,144 shares were withheld (reported as dispositions, code F) for approximately $101,924 in tax withholding, leaving a net delivery of 1,622 shares to Trecker.
Key Details
- Transaction dates: RSU vesting/conversion on Mar 15, 2026; tax withholding reported Mar 15 and Mar 16, 2026. Filing date: Mar 17, 2026 (appears timely).
- Conversion/vested shares: 2,766 total (reported as three conversion entries: 554, 834, 1,378).
- Shares withheld for taxes: 1,144 shares (228, 344, 567 withheld Mar 15 at $89.09; 5 withheld Mar 16 at $90.06) — total cash value withheld ≈ $101,924.
- Net shares delivered to insider: 1,622 shares.
- Footnotes: F1 notes automatic vesting and conversion and that 18 shares are dividend equivalents; F2–F3 explain shares were withheld by Visteon to satisfy income tax withholding (values based on Mar 13 and Mar 16 fair market values); F4 describes the standard 33% annual vesting schedule.
- Shares owned after transaction: not disclosed in the Form 4 filing.
Context
- This was an award/vesting event (RSUs converted to stock), not an open-market purchase or voluntary sale. The disposals reported are shares withheld by the company to cover taxes (routine, not a market sale by the insider).
- For retail investors: vesting and withholding transactions are common and typically reflect compensation mechanics rather than a deliberate buy/sell decision by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-15+554→ 9,748 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−228$20,313→ 9,520 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+834→ 10,354 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−344$30,647→ 10,010 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+1,378→ 11,388 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−567$50,514→ 10,821 total - Tax Payment
Common Stock
[F3]2026-03-16$90.06/sh−5$450→ 10,816 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−554→ 0 totalExp: 2026-03-15→ Common Stock (554 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−834→ 830 totalExp: 2027-03-15→ Common Stock (834 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−1,378→ 2,737 totalExp: 2028-03-15→ Common Stock (1,378 underlying)
Footnotes (4)
- [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 18 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]The shares were withheld by Visteon to satisfy income tax withholding obligations arising in connection with the receipt of dividend equivalents pursuant to the terms of the Visteon Corporation 2020 Incentive Plan. The value of each share was based on the fair market value of Visteon common stock as of March 16, 2026.
- [F4]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.