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Lithia Motors officer plans $119K stock sale

An officer of LITHIA MOTORS INC filed a Rule 144 notice to resell 320 vested restricted shares of LAD common stock through a broker.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LITHIA MOTORS INC (LAD) has a notice of proposed Rule 144 sale by officer David Stork covering company common stock. The filing reports an intended sale of 320 shares of common stock through Fidelity Brokerage Services LLC on or about September 8, 2026. These shares were acquired from the issuer on January 1, 2025 through restricted stock vesting as compensation.

The notice lists an aggregate market value of $119,515.19 for the shares covered and states that 21,983,116 common shares were outstanding on the New York Stock Exchange in connection with this computation.

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Shares proposed to be sold 320 shares Common stock covered by the Rule 144 notice for David Stork
Aggregate market value $119,515.19 Value associated with the 320 LAD common shares proposed for sale
Shares outstanding 21,983,116 shares LAD common shares outstanding used in the Rule 144 computation
Acquisition date of shares January 1, 2025 Date the 320 shares were acquired via restricted stock vesting
Intended sale date September 8, 2026 Approximate date of the proposed Rule 144 sale
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 01/01/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for David Stork"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing for LAD disclose?

It discloses that officer David Stork plans to sell 320 shares of LITHIA MOTORS INC common stock under Rule 144, to be executed through Fidelity Brokerage Services LLC, with an aggregate market value listed as $119,515.19.

How many LAD shares are covered by David Stork’s planned Rule 144 sale?

The notice covers 320 shares of LAD common stock. These shares are the securities proposed to be sold under Rule 144 through Fidelity Brokerage Services LLC.

When were the LAD shares to be sold under Form 144 acquired?

The 320 LAD shares were acquired on January 1, 2025 through Restricted Stock Vesting from the issuer as compensation.

What is the approximate market value of the LAD shares in this Form 144?

The filing lists an aggregate market value of $119,515.19 for the 320 LAD common shares proposed to be sold under Rule 144.

How many LAD common shares were outstanding for the Rule 144 computation?

The notice states that 21,983,116 LAD common shares were outstanding on the New York Stock Exchange in connection with the Rule 144 sale computation.

Who is the broker for the LAD Rule 144 sale and when is it expected?

The proposed Rule 144 sale of LAD shares is to be executed through Fidelity Brokerage Services LLC. The filing lists an intended sale date of September 8, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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