Sharif Qais M 4
4 · VISTEON CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) SVP Sharif Qais Receives RSUs; Shares Withheld for Taxes
What Happened
- Sharif Qais, Senior Vice President of Visteon Corp (VC), had Restricted Stock Units (RSUs) automatically vest and convert into common shares on March 15, 2026. A total of 2,058 RSU units converted into 2,058 shares. To satisfy withholding obligations, Visteon withheld 852 shares (disposed) for taxes, valued at $75,908, leaving a net 1,206 shares delivered to Mr. Qais. One small withholding (4 shares) used a $90.06 price on March 16; the other withholdings used $89.09 (based on March 13, 2026 fair market value).
Key Details
- Transaction dates: primary conversion/vesting on 2026-03-15; one withholding recorded 2026-03-16.
- Prices used for withholding: $89.09 per share (FMV as of Mar 13, 2026) and $90.06 for the 4-share withholding on Mar 16, 2026.
- Shares converted (acquired): 2,058 shares (from RSU conversion; reported as derivative exercise/conversion, code M).
- Shares withheld/disposed for taxes (code F): 852 shares; total value withheld = $75,908.
- Net shares delivered to insider: 1,206 shares.
- Footnotes: RSUs automatically vested and converted to stock (including 12 shares representing dividend equivalents); withheld shares were used to satisfy income tax obligations per the 2020 Incentive Plan; vesting schedule described in filing.
- Shares owned after transaction: Not reported in the provided excerpt — see the full Form 4 for total beneficial ownership.
- Filing: Form 4 filed 2026-03-17 for transactions on 2026-03-15 — filed within the normal 2-business-day window (timely).
Context
- These were RSU vesting/conversion events, not open-market purchases or voluntary sales. The withholding of shares to cover taxes is a routine administrative step (a cashless settlement method) and is common when equity awards vest. Such activity reflects award settlement rather than an active market bet by the insider.
Insider Transaction Report
Form 4
Sharif Qais M
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-15+415→ 12,469 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−171$15,234→ 12,298 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+715→ 13,013 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−295$26,282→ 12,718 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+928→ 13,646 total - Tax Payment
Common Stock
[F2]2026-03-15$89.09/sh−382$34,032→ 13,264 total - Tax Payment
Common Stock
[F3]2026-03-16$90.06/sh−4$360→ 13,260 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−415→ 0 totalExp: 2026-03-15→ Common Stock (415 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−715→ 712 totalExp: 2027-03-15→ Common Stock (715 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−928→ 1,846 totalExp: 2028-03-15→ Common Stock (928 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 12 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
Heidi A. Sepanik, Corporate Secretary, Visteon Corporation on behalf of Qais M. Sharif|2026-03-17