Myers Colleen Elizabeth 4
4 · VISTEON CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Visteon (VC) Chief Accounting Officer Colleen Myers Receives Award
What Happened
Colleen Elizabeth Myers, Visteon’s Chief Accounting Officer, received equity awards on 2026-03-01 consisting of 862 performance rights and 862 restricted stock units (RSUs), recorded at $0 in the filing. These are compensation grants (derivative awards), not open-market purchases or sales; the filing shows acquisition of the awards rather than an immediate cash transaction.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely filing).
- Reported entries: two acquisitions (code A) of 862 shares each at $0.00 (derivative awards). Total units granted: 1,724.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes:
- F1 (performance rights): Each right converts to one share subject to relative shareholder return and return on invested capital goals over a three‑year performance period; payout is in stock and subject to tax withholding.
- F2 (RSUs): Vest 33% on each March 15 following the grant until fully vested; units convert into shares upon vesting and are subject to tax withholding.
- Filing timeliness: Form 4 was filed two days after the transaction date (within the usual two-business-day requirement).
Context
These awards are standard executive compensation instruments. Performance rights are contingent on future company performance metrics and are not guaranteed shares until vesting conditions are met; RSUs vest over time. Such grants are routine compensation and do not necessarily signal immediate insider buying or selling.
Insider Transaction Report
- Award
Performance Rights
[F1]2026-03-01+862→ 862 totalExp: 2029-02-28→ Common Stock (862 underlying) - Award
Restricted Stock Units
[F2]2026-03-01+862→ 862 totalExp: 2028-03-15→ Common Stock (862 underlying)
- 243
Common Stock
Footnotes (2)
- [F1]Each performance right represents a contingent right to receive one share of Visteon common stock. The vesting of the performance right is based on relative shareholder return and return on invested capital metrics over a three year performance period and payable in stock, subject to tax withholding.
- [F2]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.