{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-216107","form_type":"8-K","ticker":"ALV","cik":"0001034670","company_name":"AUTOLIV INC","filed_at":"2026-05-11T15:31:29+00:00","discovered_at":"2026-05-11T15:32:00.274134+00:00","generated_at":"2026-05-11T17:55:13.984130+00:00","sec_items":["2.05","2.06","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Autoliv to close Türkiye plants, incur $142M pre-tax charge; cuts 2,200 jobs","bullets":["Closing steering wheel, airbag, and seatbelt plants in Türkiye; production moved to other EMEA sites.","Expected pre-tax charge ~$142M, majority in Q2 2026; $13M non-cash write-offs, $129M cash for severance.","Annual pre-tax benefit of $40M beginning 2027, fully realized by 2028.","~2,200 employees affected; closure anticipated by first half of 2028.","Board declared Q2 dividend of $0.87 per share, payable June 8, 2026 to holders of record May 20."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-216107","json":"https://secwatch.observer/filing/0001193125-26-216107.json","markdown":"https://secwatch.observer/filing/0001193125-26-216107.md","text":"https://secwatch.observer/filing/0001193125-26-216107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/alv-20260506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T17:55:13.984130+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3cc9eccb6a3565e55c8745b32e72723e79ef0ec4","claim":"AUTOLIV INC announced a restructuring with charges of approximately $142 million affecting Türkiye manufacturing plants (steering wheels, airbags, and seatbelts) (approximately 2,200 employees).","evidence_excerpt":"On May 8, 2026, Autoliv, Inc. (the “Company”) management approved a plan to close its manufacturing plants in Türkiye, which manufacture steering wheels, airbags, and seatbelts. Autoliv expects to incur a final pre-tax charge of approximately $142 million to implement these capacity alignments","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $142 million"},{"label":"Affected area","value":"Türkiye manufacturing plants (steering wheels, airbags, and seatbelts)"},{"label":"Headcount","value":"approximately 2,200 employees"}],"fact_type":"restructuring_charge"},{"claim_id":"13b479d0c7685e3b2cae1ec621eef6ff52cfc7f1","claim":"AUTOLIV INC shareholders approved Ratification of appointment of independent registered public accountants at the 2026-05-07 meeting.","evidence_excerpt":"Ratification of appointment of independent registered public accountants 48,356,171 votes for, 5,916,333 votes against, and 336,037 abstentions.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-07"}],"fact_type":"shareholder_vote"},{"claim_id":"468d26596cb3e2f33c3df3d138d2e03b42ffd4b2","claim":"AUTOLIV INC shareholders approved Election of Directors at the 2026-05-07 meeting.","evidence_excerpt":"The votes cast were as follows: Mr. Mikael Bratt:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-07"}],"fact_type":"shareholder_vote"},{"claim_id":"5da89b42d9e3f97ab115367015f64e84e516ba1e","claim":"AUTOLIV INC shareholders approved Advisory vote to approve executive compensation at the 2026-05-07 meeting.","evidence_excerpt":"Advisory vote to approve executive compensation 52,468,386 votes for, 863,561 votes against, and 404,565 abstentions.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-07"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}