Ribeiro Joao Paulo 4
4 · VISTEON CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) SVP Joao Ribeiro Receives Vested RSUs; Shares Withheld
What Happened
- Joao Paulo Ribeiro, Senior Vice President of Visteon Corporation, had Restricted Stock Units (RSUs) vest on March 15, 2026. A total of 1,513 RSUs converted to common stock (including 9 shares issued as dividend equivalents). To satisfy tax-withholding obligations, Visteon withheld 768 shares, leaving approximately 745 net shares delivered to Ribeiro. The withholding generated payments of about $68,426 to cover taxes (based on $89.09/share for the main vesting and $90.06/share for dividend equivalents).
Key Details
- Transaction dates: Vesting/conversion on 2026-03-15; one withholding entry dated 2026-03-16.
- Shares converted (acquired): 331, 502, and 680 = 1,513 total.
- Shares withheld (disposed for tax): 167, 253, 343 (on 3/15 at $89.09) and 5 (on 3/16 at $90.06) = 768 shares withheld.
- Withholding value (sum reported): $14,878 + $22,540 + $30,558 + $450 = $68,426 (approx).
- Net shares delivered to insider (approx): 1,513 − 768 = 745 shares.
- Relevant footnotes: F1 explains automatic conversion of RSUs and 9 dividend-equivalent shares; F2/F3 describe shares withheld to satisfy tax withholding; F4 explains annual vesting schedule (33% each March 15).
- Filing timeliness: Reported period 2026-03-15, filed 2026-03-17 — appears timely.
- Shares owned after transaction: Not specified in the provided filing details.
Context
- These transactions are vesting and tax-withholding events (derivative conversions and F-code withholding), not open-market buys or discretionary sales. Converting RSUs to shares with some withheld for taxes is a routine administrative step ("sell-to-cover"/share withholding) and does not, by itself, indicate an insider trading signal.
Insider Transaction Report
Form 4
Ribeiro Joao Paulo
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-15+331→ 7,029 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−167$14,878→ 6,862 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+502→ 7,364 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−253$22,540→ 7,111 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+680→ 7,791 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−343$30,558→ 7,448 total - Tax Payment
Common Stock
[F3]2026-03-16$90.06/sh−5$450→ 7,443 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−331→ 0 totalExp: 2026-03-15→ Common Stock (331 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−502→ 498 totalExp: 2027-03-15→ Common Stock (502 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−680→ 1,354 totalExp: 2028-03-15→ Common Stock (680 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 9 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.
Signature
/s/Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Joao Paulo Ribeiro|2026-03-17