Autoliv Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
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Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
To assist in enhancing retention, reinforcing leadership stability, and ensuring the continuity of business operations with minimal disruption, on September 8, 2025, the Leadership Development and Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) approved a retention equity award to Mr. Magnus Jarlegren in the form of time-vested restricted stock units (the “Retention Equity Award”) having a grant date value of $900,000.
Consistent with the Company’s Equity Grant Policy, the Retention Equity Award will be granted effective November 17, 2025 (the “Grant Date”). The Retention Equity Award will cliff vest on the third anniversary of the Grant Date, subject to Mr. Jarlegren’s continued employment through the vesting date.
The Retention Equity Award was granted under, and pursuant to the terms and conditions of, the Autoliv Inc. 1997 Stock Incentive Plan, as amended and restated, and the Form of Employee 2024 Restricted Stock Units Grant Agreement Award Agreement previously approved by the Compensation Committee, which is filed as Exhibit 10.26 to the Company’s Annual Report on Form 10-K filed with the SEC on February 20, 2025.
Item 9.01 Financial Statements and Exhibits.
(d) EXHIBITS
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
EXHIBIT INDEX
Exhibit No. |
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Description |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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AUTOLIV, INC |
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By: |
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/s/ Anthony J. Nellis |
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Name: |
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Anthony J. Nellis |
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Title: |
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Executive Vice President, Legal Affairs and General Counsel |
Date: September 11, 2025