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Lithia Motors (NYSE: LAD) director logs open-market sale of 75 shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lithia Motors Inc director Stacy Loretz Congdon reported an open-market sale of 75 shares of Lithia Motors Inc Common Stock at $315.00 per share on June 12, 2026. After this transaction, the director continues to hold 2,375 shares directly.

Positive

  • None.

Negative

  • None.
Insider Loretz Congdon Stacy
Role null
Sold 75 shs ($24K)
Type Security Shares Price Value
Sale Lithia Motors Inc Common Stock 75 $315.00 $24K
Holdings After Transaction: Lithia Motors Inc Common Stock — 2,375 shares (Direct, null)
Footnotes (1)
Shares sold 75 shares Open-market sale on June 12, 2026
Sale price per share $315.00 per share Price for non-derivative common stock sale
Shares owned after transaction 2,375 shares Total common shares held directly after sale
Net buy/sell shares -75 shares Net effect of reported transactions in this Form 4
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"According to the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type: "non-derivative""
beneficially owned financial
"total shares beneficially owned after the open-market sale"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Loretz Congdon Stacy

(Last)(First)(Middle)
150 N. BARTLETT ST

(Street)
MEDFORD OREGON 97501

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LITHIA MOTORS INC [ LAD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Lithia Motors Inc Common Stock06/12/2026S75D$3152,375D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Kevin Cundick, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LAD director Stacy Loretz Congdon report?

Stacy Loretz Congdon reported selling 75 shares of Lithia Motors Inc Common Stock in an open-market transaction. The sale occurred at a price of $315.00 per share on June 12, 2026, according to the Form 4 filing.

At what price were the LITHIA MOTORS INC (LAD) shares sold?

The reported sale was completed at $315.00 per share. This price reflects the transaction value disclosed for the 75 shares of Lithia Motors Inc Common Stock sold in the open market by director Stacy Loretz Congdon.

How many LAD shares did the director sell in this Form 4 filing?

The director sold 75 shares of Lithia Motors Inc Common Stock. This was classified as a non-derivative, open-market sale in the Form 4, indicating a straightforward share sale rather than an option exercise or derivative conversion.

How many LITHIA MOTORS INC shares does the director hold after the sale?

Following the sale, the director holds 2,375 shares of Lithia Motors Inc Common Stock directly. This post-transaction balance is reported in the Form 4 as the total shares beneficially owned after the open-market sale.

Was the LAD insider transaction a buy or a sell?

The transaction was a sell. The Form 4 identifies it with code “S” and describes it as an open-market sale of 75 shares of Lithia Motors Inc Common Stock by director Stacy Loretz Congdon.