Lithia Motors (NYSE: LAD) director logs open-market sale of 75 shares
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 75 shares ($23,625)
Net Sell
1 txn
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)
Key Figures
Shares sold: 75 shares
Sale price per share: $315.00 per share
Shares owned after transaction: 2,375 shares
+1 more
4 metrics
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
Key Terms
open-market sale, Form 4, non-derivative, beneficially owned
4 terms
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.
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.
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.