All 7 Autoliv Insiders Sell ALV Stock Within Days of Receiving Equity Awards

All seven Autoliv insiders who received equity awards on February 19, 2026, turned around and sold shares within five days — collecting a combined $2.91 million in what amounts to an immediate cash-out of freshly granted stock.

CEO Mikael Bratt led the selling with $1.11 million, followed by EVP Franz-Josef Kortuem at $1.0 million. The remaining five executives each sold smaller blocks ranging from $60,000 to $210,000.

The Full Sell Sheet

Insider	Title	Date	Value	Shares After
Mikael Bratt	President & CEO	Feb 24	$1.11M	29,290
Franz-Josef Kortuem	EVP	Feb 26	$1.00M	5,549
Anthony Nellis	EVP Legal & General Counsel	Feb 24	$210K	8,212
Magnus Jarlegren	Pres., Autoliv Europe	Feb 25	$190K	7,739
Christian Swahn	EVP, Supply Chain	Feb 24	$180K	5,314
Per Jonas Jademyr	EVP Quality & Proj. Mgmt	Feb 24	$160K	1,963
Mikael Hagstrom	VP, Corporate Control	Feb 24	$60K	1,224
Total			$2.91M

Award-Then-Sell Pattern

All seven executives received equity awards (transaction code "A") on February 19. Within three to five business days, every single one had filed Form 4s disclosing sales. This rapid award-to-sell cycle is common at many public companies but rarely involves 100% participation across the executive team.

The sales prices clustered tightly between $120.40 and $123.51 per share, with the majority executing at exactly $122.03 — suggesting a coordinated disposition plan rather than independent market orders.

How Much Did They Keep?

Despite the selling, most executives retained meaningful positions:

• CEO Bratt: 29,290 shares (~$3.6M) — sold ~8% of holdings
• Nellis: 8,212 shares (~$1.0M)
• Jarlegren: 7,739 shares (~$950K)
• Kortuem: 5,549 shares (~$680K)
• Swahn: 5,314 shares (~$650K)
• Jademyr: 1,963 shares (~$240K)
• Hagstrom: 1,224 shares (~$150K) — smallest remaining stake

Bottom Line

When every insider at a company sells immediately after receiving awards, it typically reflects tax obligation management rather than bearish conviction. However, the 100% participation rate and the speed of execution are worth noting for ALV investors. The fact that CEO Bratt sold the largest dollar amount ($1.11M) while retaining the largest position (29,290 shares) suggests he remains the most committed of the group.