Autoliv Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: ALV · Form: DEF 14A · Filed: Mar 25, 2024 · CIK: 1034670
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Autoliv Inc., Executive Compensation, Corporate Governance
TL;DR
<b>Autoliv Inc. has filed its Definitive Proxy Statement (DEF 14A) on March 25, 2024, detailing corporate governance and executive compensation information for the period ending May 10, 2024.</b>
AI Summary
AUTOLIV INC (ALV) filed a Proxy Statement (DEF 14A) with the SEC on March 25, 2024. Autoliv Inc. filed a DEF 14A form on March 25, 2024. The filing covers the period ending May 10, 2024. The company's fiscal year ends on December 31. Autoliv Inc. is incorporated in Delaware. The company's principal business address is in Ogden, Utah.
Why It Matters
For investors and stakeholders tracking AUTOLIV INC, this filing contains several important signals. This filing is a routine requirement for publicly traded companies to disclose information related to shareholder meetings, including executive compensation and voting matters. Investors and stakeholders can use this document to understand the company's governance practices and the compensation structure for its top executives.
Risk Assessment
Risk Level: — AUTOLIV INC shows moderate risk based on this filing. The filing is a standard DEF 14A, indicating routine corporate disclosures rather than significant new financial or operational events.
Analyst Insight
Review the executive compensation details and any shareholder proposals within the DEF 14A to assess alignment with company performance and shareholder interests.
Key Numbers
- 2024-03-25 — Filing Date (20240325)
- 2024-05-10 — Period of Report (20240510)
- 1231 — Fiscal Year End (1231)
Key Players & Entities
- AUTOLIV INC (company) — FILER
- 0001034670 (company) — CENTRAL INDEX KEY
- DE (company) — STATE OF INCORPORATION
- 3714 (company) — STANDARD INDUSTRIAL CLASSIFICATION
- Ogden (company) — CITY
- UT (company) — STATE
- 84405 (company) — ZIP
- 8016299800 (company) — BUSINESS PHONE
FAQ
When did AUTOLIV INC file this DEF 14A?
AUTOLIV INC filed this Proxy Statement (DEF 14A) with the SEC on March 25, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by AUTOLIV INC (ALV).
Where can I read the original DEF 14A filing from AUTOLIV INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by AUTOLIV INC.
What are the key takeaways from AUTOLIV INC's DEF 14A?
AUTOLIV INC filed this DEF 14A on March 25, 2024. Key takeaways: Autoliv Inc. filed a DEF 14A form on March 25, 2024.. The filing covers the period ending May 10, 2024.. The company's fiscal year ends on December 31..
Is AUTOLIV INC a risky investment based on this filing?
Based on this DEF 14A, AUTOLIV INC presents a moderate-risk profile. The filing is a standard DEF 14A, indicating routine corporate disclosures rather than significant new financial or operational events.
What should investors do after reading AUTOLIV INC's DEF 14A?
Review the executive compensation details and any shareholder proposals within the DEF 14A to assess alignment with company performance and shareholder interests. The overall sentiment from this filing is neutral.
How does AUTOLIV INC compare to its industry peers?
Autoliv Inc. operates in the automotive parts and accessories industry, specifically focusing on safety systems.
Are there regulatory concerns for AUTOLIV INC?
As a publicly traded company, Autoliv Inc. is subject to SEC regulations requiring the filing of proxy statements for shareholder meetings.
Industry Context
Autoliv Inc. operates in the automotive parts and accessories industry, specifically focusing on safety systems.
Regulatory Implications
As a publicly traded company, Autoliv Inc. is subject to SEC regulations requiring the filing of proxy statements for shareholder meetings.
What Investors Should Do
- Review the proxy statement for details on upcoming shareholder votes.
- Analyze the executive compensation packages disclosed in the filing.
- Examine any management proposals or shareholder proposals presented.
Key Dates
- 2024-03-25: Filing Date — Filing of Definitive Proxy Statement
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard disclosure document and does not represent a change from previous filings of the same type.
Filing Stats: 4,593 words · 18 min read · ~15 pages · Grade level 14.1 · Accepted 2024-03-25 17:10:56
Key Financial Figures
- $8.906 — in millions) 2023 2022 Audit Fees $8.906 $8.170 Audit-Related Fees $0.294 $
- $8.170 — ions) 2023 2022 Audit Fees $8.906 $8.170 Audit-Related Fees $0.294 $0.233
- $0.294 — s $8.906 $8.170 Audit-Related Fees $0.294 $0.233 Tax Fees $0.084 $0.057 Al
- $0.233 — 6 $8.170 Audit-Related Fees $0.294 $0.233 Tax Fees $0.084 $0.057 All Other
- $0.084 — elated Fees $0.294 $0.233 Tax Fees $0.084 $0.057 All Other Fees $0.017 $0.01
- $0.057 — ees $0.294 $0.233 Tax Fees $0.084 $0.057 All Other Fees $0.017 $0.014 Tota
- $0.017 — Fees $0.084 $0.057 All Other Fees $0.017 $0.014 Total $9.301 $8.474 Autol
- $0.014 — 0.084 $0.057 All Other Fees $0.017 $0.014 Total $9.301 $8.474 Autoliv 9
- $9.301 — All Other Fees $0.017 $0.014 Total $9.301 $8.474 Autoliv 9 2024 Proxy Stat
- $8.474 — r Fees $0.017 $0.014 Total $9.301 $8.474 Autoliv 9 2024 Proxy Statement
Filing Documents
- e24031_alv-def14a.htm (DEF 14A) — 1400KB
- e24031001.jpg (GRAPHIC) — 140KB
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- e24031034.jpg (GRAPHIC) — 41KB
- e24031035.jpg (GRAPHIC) — 51KB
- e24031036.jpg (GRAPHIC) — 8KB
- proxy_card-1.jpg (GRAPHIC) — 240KB
- proxy_card-2.jpg (GRAPHIC) — 363KB
- 0001552781-24-000180.txt ( ) — 5189KB
- alv-20231231.xsd (EX-101.SCH) — 5KB
- alv-20231231_def.xml (EX-101.DEF) — 9KB
- alv-20231231_lab.xml (EX-101.LAB) — 56KB
- alv-20231231_pre.xml (EX-101.PRE) — 43KB
- e24031_alv-def14a_htm.xml (XML) — 95KB
Forward-Looking Statements
Forward-Looking Statements 38 EXECUTIVE OFFICERS OF THE COMPANY 40
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 44 COMPENSATION DISCUSSION AND ANALYSIS 46 Introduction 46 Our Named Executive Officers in 2023 46 Executive Summary 46 Management Transitions 47 Compensation Philosophy 47 Base Salaries 48 Annual Non-Equity Incentives 49 LTI Equity 51 Pension/Retirement and Other Post-Employment Benefits 53
Executive Compensation Responsibilities
Executive Compensation Responsibilities 54 Compensation Risk Assessment 55 2023 Executive Compensation Decisions 55 Peer Groups 56 Decisions for 2023 Compensation 57 2023 Additional Benefits 58 Additional 2023 and 2024 Compensation Decisions 58 Results of Say-on-Pay 58 Currencies for Executive Compensation 59 SUMMARY COMPENSATION TABLE 60 2023 GRANTS OF PLAN-BASED AWARDS TABLE 62 OUTSTANDING EQUITY AWARDS AT 2023 FISCAL YEAR-END 63 OPTION EXERCISES AND STOCK VESTED DURING 2023 64 PENSION BENEFITS 65 NONQUALIFIED DEFERRED COMPENSATION 67 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL 68 CEO PAY RATIO 73 Autoliv 4 2024 Proxy Statement PAY VERSUS PERFORMANCE 75 PROPOSAL 2–ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION 82 PROPOSAL 3–RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 83 DISCRETIONARY VOTING OF PROXIES ON OTHER MATTERS 86 OTHER MATTERS 87 ANNEX A Reconciliation of Non-U.S. GAAP Measures A-1 Autoliv 5 2024 Proxy Statement 2024 Proxy Statement at a Glance The following executive summary is intended to provide a broad overview of the items that you will find elsewhere in this Proxy Statement. As this is only a summary, we encourage you to read the entire Proxy Statement for more information about these topics prior to voting at the Annual Meeting. Annual Meeting of Stockholders Time and Date: Friday, May 10, 2024; 2:00 p.m. Eastern Time Location: In-person at the Westin Book Cadillac Hotel, 1114 Washington Blvd., Detroit, Michigan 48226, USA and via webcast at www.meetnow.global/MJGH2D6 Record Date: Stockholders as of the close of business on March 15, 2024 are entitled to vote Admission: Please see the instructions on page 10 of this Proxy Statement Meeting Agenda and Voting Matters Proposal Board's Voting Recommendation Page Reference 1. Election of Directors FOR EACH NOMINEE