Adient plc filed a Form 8-A on November 4, 2026, to register Share Purchase Rights on the New York Stock Exchange in connection with a newly adopted Tax Benefits Preservation Plan designed to protect the company's U.S. net operating loss carryforwards and other tax assets.

Key Highlights

  • New rights plan adopted: Adient's Board of Directors adopted a Tax Benefits Preservation Plan dated November 4, 2026, between the company and Broadridge Corporate Issuer Solutions, LLC, as Rights Agent.
  • One Right per ordinary share: The Board authorized issuance of one Right for each outstanding ordinary share, par value $0.001 per share, held of record at the close of business on November 16, 2026.
  • Exercise price set at $83.50: Each Right, after the Separation Time, entitles the holder to purchase one one-thousandth of a Participating Preferred Share, par value $0.001, for $83.50, subject to adjustment and plan terms.
  • Purpose is tax asset preservation: According to the filing, the plan was adopted "to help preserve the value of the Company's U.S. net operating loss carryforwards and other tax assets."
  • Exchange listing required for issuance: The Rights will be issuable on the later of the Record Date and NYSE certification to the SEC that the Rights have been approved for listing and registration.
  • Signed by Chief Legal Officer: The registration statement was signed by Heather M. Tiltmann, Executive Vice President, Chief Legal and Human Resources Officer, and Corporate Secretary.

Adient's Tax Benefits Preservation Plan: Rights Registration Details

Adient plc (NYSE:ADNT), incorporated in Ireland with principal offices at 25 North Wall Quay, Dublin 1, Ireland, filed a Form 8-A on November 4, 2026, to register a new class of securities - Share Purchase Rights - on the New York Stock Exchange. According to the filing, the company's Board of Directors adopted a Tax Benefits Preservation Plan on that same date, with Broadridge Corporate Issuer Solutions, LLC serving as Rights Agent.

The filing discloses that one Right will be issued for each outstanding ordinary share held of record at the close of business on November 16, 2026, designated as the Record Date. Rights will also be issued for shares issued after the Record Date and prior to the Separation Time, as well as shares issued pursuant to options and convertible securities outstanding at the Separation Time. The Rights become issuable upon the later of the Record Date or NYSE certification confirming the Rights have been approved for listing and registration.

Each Right, once exercisable after the Separation Time, entitles its registered holder to purchase from Adient one one-thousandth of a Participating Preferred Share, par value $0.001 per share, at a price of $83.50, subject to adjustment and the terms of the NOL Plan. The full plan, including forms of Rights Certificate, Assignment and Election to Exercise, and Designation of Participating Preferred Shares, was incorporated by reference to Exhibit 4.1 of the company's Current Report on Form 8-K filed with the SEC on November 4, 2026.

What Was Disclosed

Adient plc registered Share Purchase Rights on the NYSE via a Form 8-A filed November 4, 2026, under a Tax Benefits Preservation Plan aimed at protecting U.S. net operating loss carryforwards, with an exercise price of $83.50 per one one-thousandth of a Participating Preferred Share.