Visteon (VC) senior VP gains 1,513 shares from RSU vesting as 768 withheld for taxes
Rhea-AI Filing Summary
Visteon Corp senior vice president Joao Paulo Ribeiro reported routine equity compensation activity. On March 15, 2026, Restricted Stock Units that are economically equivalent to common stock vested and were automatically converted into 1,513 shares of common stock, including 9 shares from dividend equivalents, at no cash cost to him. To cover income tax withholding from these vestings and related dividend equivalents, Visteon withheld a total of 768 shares, including 5 shares withheld on March 16, 2026. After these transactions, Ribeiro directly holds 7,443 shares of Visteon common stock, reflecting a net increase in his equity position through compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trades.
Joao Paulo Ribeiro, a senior vice president of Visteon Corp, had Restricted Stock Units vest and convert into 1,513 common shares on March 15, 2026. These awards, including dividend equivalents, represent standard stock-based compensation rather than discretionary buying.
To satisfy income tax obligations tied to this vesting and dividend equivalents, Visteon withheld 768 shares at fair market values noted in the footnotes. Such F-code transactions are not open-market sales and carry limited informational value for sentiment.
Following the net issuance and withholding, Ribeiro directly holds 7,443 common shares. With no remaining derivative positions listed and no open-market purchases or sales, this filing primarily updates his equity holdings from routine compensation events rather than signaling a change in his view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5 | $90.06 | $450.30 |
| Exercise | Restricted Stock Units | 331 | $0.00 | -- |
| Exercise | Restricted Stock Units | 502 | $0.00 | -- |
| Exercise | Restricted Stock Units | 680 | $0.00 | -- |
| Exercise | Common Stock | 331 | $0.00 | -- |
| Tax Withholding | Common Stock | 167 | $89.09 | $15K |
| Exercise | Common Stock | 502 | $0.00 | -- |
| Tax Withholding | Common Stock | 253 | $89.09 | $23K |
| Exercise | Common Stock | 680 | $0.00 | -- |
| Tax Withholding | Common Stock | 343 | $89.09 | $31K |
Footnotes (1)
- 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. 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. 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. 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.