Rouquet Jerome 4
4 · VISTEON CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) CFO Jerome Rouquet Receives RSU Shares; Tax Withholding
What Happened Jerome Rouquet, Senior Vice President & Chief Financial Officer of Visteon, had Restricted Stock Units (RSUs) vest and convert into 5,965 shares of Visteon common stock on March 15, 2026. To satisfy income tax withholding obligations, Visteon withheld a total of 2,604 shares (disposed back to the company) with an aggregate value of $232,001, leaving Rouquet with a net delivery of 3,361 shares. The withholding transactions used fair-market values of $89.09 (most withholdings) and $90.06 (an 11-share withholding on March 16).
Key Details
- Transaction type: RSU vesting / conversion to common stock (derivative conversion) and share withholding to satisfy taxes. Derivative code M for conversion; F for withholding.
- Vesting/conversion date: March 15, 2026 (one small withholding recorded March 16, 2026).
- Shares involved: 5,965 shares vested/converted; 2,604 shares withheld for taxes; net shares delivered = 3,361.
- Withholding breakdown and values: 524 shares withheld @ $89.09 = $46,683; 789 shares @ $89.09 = $70,292; 1,280 shares @ $89.09 = $114,035; 11 shares @ $90.06 = $991. Total withheld ≈ $232,001.
- Valuation date(s): Most values based on March 13, 2026 fair market value; one dividend-equivalent withholding valued as of March 16, 2026 (per footnotes).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Form 4 filed March 17, 2026 for transactions dated March 15–16, 2026 — appears timely (not marked late).
- Relevant footnotes: F1 notes RSUs automatically vested and converted (47 of the shares reflect dividend equivalents). F2/F3 confirm shares were withheld by Visteon to satisfy tax withholding. F4 describes the standard 33% annual vesting schedule for the grant.
Context This was an award/vesting event (RSUs converting to stock) rather than an open-market purchase or active sale by the insider. The company withheld a portion of the vested shares to cover tax obligations (a common cashless-withholding method) and reported the resulting disposals. These filings generally reflect routine compensation-related activity rather than a directional trade signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-15+1,204→ 24,571 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−524$46,683→ 24,047 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+1,816→ 25,863 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−789$70,292→ 25,074 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+2,945→ 28,019 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−1,280$114,035→ 26,739 total - Tax Payment
Common Stock
[F3]2026-03-16$90.06/sh−11$991→ 26,728 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−1,204→ 0 totalExp: 2026-03-15→ Common Stock (1,204 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−1,816→ 1,802 totalExp: 2027-03-15→ Common Stock (1,816 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−2,945→ 5,843 totalExp: 2028-03-15→ Common Stock (2,945 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 47 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.