Visteon (NASDAQ:VC) CEO and President Sachin Lawande exercised 49,453 worker inventory choices and instantly offered the ensuing shares on March 4, 2026, for a complete of roughly $4.62 million, based on an SEC Type 4 submitting.
|
Metric |
Worth |
|---|---|
|
Shares offered (direct) |
49,453 |
|
Transaction worth |
$4.6 million |
|
Put up-transaction shares (direct)* |
175,527 |
|
Put up-transaction shares (oblique) |
146,229 |
|
Put up-transaction worth (direct possession) |
~$15.1 million |
Transaction worth primarily based on SEC Type 4 weighted common buy worth ($93.44); post-transaction worth primarily based on March 24, 2026, market shut ($86.00).
*A subsequent Type 4 filed March 17, 2026, displays routine RSU vesting and associated tax withholding on March 15, 2026, bringing Lawande’s direct share rely to roughly 193,822. That submitting concerned no discretionary promoting and is separate from the transaction described right here.
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How does the dimensions of this transaction evaluate to Lawande’s prior administrative trades?
That is among the many bigger single-day possibility workouts in Lawande’s current historical past, although not unprecedented. SEC submitting data point out that Lawande exercised 72,228 choices in a single transaction in February 2023 — a bigger occasion in share phrases, although executed at a decrease inventory worth. The March 4, 2026, transaction is notable for its dimension relative to newer exercise, which has typically concerned far smaller tranches, corresponding to a 13,932-share sale in March 2025 and a 595-share sale in November 2025. In that context, the 49,453-share sale represents a significant improve in dimension. -
Was this a discretionary sale? No. Your entire transaction was executed beneath a pre-established 10b5-1 plan, so we will’t assign any significance to the timing. These plans are designed to permit insiders to promote shares in an orderly, deliberate method — not as a response to inside data or deteriorating confidence.
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What occurred to Lawande’s possession stake? Mixed direct and oblique holdings had been lowered by roughly 13% of his pre-transaction place on account of the March 4 sale. Nevertheless, factoring in each direct and oblique shares, Lawande maintains a sizeable mixed place of greater than 321,000 shares, and continues to have significant pores and skin within the sport.
|
Metric |
Worth |
|---|---|
|
Market cap |
$2.4 billion |
|
Income (TTM) |
$3.8 billion |
|
Web revenue (TTM) |
$201.0 million |
|
Dividend yield |
1.71% |
|
1-year worth change |
7.7% |
* 1-year worth change is calculated utilizing March 24, 2026, because the reference date.
Visteon is a Michigan-based automotive electronics provider centered on digital cockpit applied sciences, together with instrument clusters, infotainment platforms, battery administration methods, and area controllers. The corporate serves main international automobile producers (OEMs) and has positioned itself to capitalize on the auto trade’s ongoing shift towards software-defined, digitally linked automobiles.