Does the Louis Miramontes Form 4 for LAD indicate any insider share sales?

The Form 4 does not report any insider share sales. It shows one acquisition transaction coded “A” for a grant of 715 restricted stock units and no disposition, sale, tax withholding, or gift transactions in the summarized data.

Director at LITHIA MOTORS INC (LAD) receives 715 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Miramontes Louis reported acquisition or exercise transactions in this Form 4 filing.

LITHIA MOTORS INC director Louis Miramontes reported an equity award of 715 shares of common stock in the form of restricted stock units. The award was recorded at no cash price per share and represents compensation rather than a market purchase.

Each restricted stock unit represents a contingent right to receive one share of common stock. After this grant, Miramontes directly holds 6,394 shares of Lithia Motors Inc common stock, according to the filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Miramontes Louis

Role null

Type	Security	Shares	Price	Value
Grant/Award	Lithia Motors Inc Common Stock	715	$0.00	--

Holdings After Transaction: Lithia Motors Inc Common Stock — 6,394 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 715 units Grant price per share: $0.00 per share Shares held after grant: 6,394 shares +2 more

5 metrics

RSU grant size 715 units Restricted stock units awarded to director Louis Miramontes

Grant price per share $0.00 per share Stated transaction price for RSU award

Shares held after grant 6,394 shares Total Lithia Motors common shares directly held after transaction

Transaction code A Grant, award, or other acquisition of equity

Transaction date 2026-04-30 Date of RSU acquisition reported on Form 4

Key Terms

restricted stock units, contingent right, Form 4, grant, award, or other acquisition

4 terms

restricted stock units financial

"Acquisition of restricted stock units. Each restricted stock unit represents a contingent right"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share"

Form 4 regulatory

"The Form 4 shows a compensation-related grant, not a market buy."

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.

grant, award, or other acquisition financial

"Transaction code “A” indicates a grant, award, or other acquisition of 715 restricted stock units"

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 08:18 PM

SEC Form 4

FORM 4

UNITED 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).

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^*

Miramontes Louis

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Lithia Motors Inc Common Stock	04/30/2026		A		715⁽¹⁾	A	$0	6,394	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock.

Remarks:

	/s/ Kevin Cundick, Attorney-in-Fact	05/01/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LITHIA MOTORS INC (LAD) report for Louis Miramontes?

LITHIA MOTORS INC reported that director Louis Miramontes received an award of 715 restricted stock units. These units are a form of equity compensation, each representing a contingent right to receive one share of the company’s common stock in the future.

Is the Louis Miramontes Form 4 transaction in LAD a market buy or a compensation grant?

The Form 4 shows a compensation-related grant, not a market buy. Code “A” indicates a grant or award acquisition of 715 restricted stock units at a stated price of $0.00 per share, reflecting an equity award rather than an open-market transaction.

How many LITHIA MOTORS INC shares does Louis Miramontes hold after this Form 4 transaction?

After the reported grant, Louis Miramontes directly holds 6,394 shares of LITHIA MOTORS INC common stock. This total includes the impact of the 715 restricted stock units awarded in the transaction disclosed in the Form 4 filing.

What do the restricted stock units granted in the LAD Form 4 represent?

The restricted stock units represent a contingent right to receive common shares. Each unit corresponds to one share of LITHIA MOTORS INC common stock, subject to the terms of the award, such as vesting conditions described in the underlying compensation arrangements.