STOCK TITAN

Lithia Motors (LAD) director withholds 81 shares to cover RSU taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lithia Motors Inc director Sidney B. DeBoer reported a tax-related share disposition. On August 3, 2026, 81 shares of Lithia Motors common stock were withheld to pay taxes on the vesting of restricted stock units at a reported value of $385.42 per share. This was not an open market transaction and left DeBoer with 26,137 shares of common stock held directly.

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Insider DEBOER SIDNEY B
Role Director
Type Security Shares Price Value
Tax Withholding Lithia Motors Inc Common Stock F1 81 $385.42 $31K
Holdings After Transaction: Lithia Motors Inc Common Stock — 26,137 shares (Direct)
Footnotes (1)
  1. F1. Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
Shares withheld for taxes 81 shares Code F disposition on 2026-08-03 to cover tax liability on RSU vesting
Per-share value for withheld shares $385.42 Reported price per share for the 81 withheld Lithia Motors shares
Shares held after transaction 26,137 shares Directly owned Lithia Motors common stock following the tax-withholding disposition
restricted stock units financial
"Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction."
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.
withheld for payment of taxes financial
"Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction."
open market transaction financial
"Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction."
An open market transaction is a buy or sell of publicly traded securities executed on an exchange or other public trading venue where many buyers and sellers can participate. It matters to investors because these trades change the visible supply and demand for a stock—like shoppers moving prices in a busy marketplace—affecting share price, liquidity (how easily you can trade), and sometimes the balance of ownership.

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

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FAQ

What insider transaction did Lithia Motors (LAD) director Sidney DeBoer report?

Sidney B. DeBoer reported 81 Lithia Motors shares withheld to cover taxes on vested restricted stock units at $385.42 per share. According to the disclosure, this tax-withholding left him with 26,137 shares of Lithia Motors common stock held directly.

Was the recent Lithia Motors (LAD) insider transaction an open market sale?

No. The filing states the 81 shares were withheld for payment of taxes on vesting of restricted stock units and were not an open market transaction. This reflects an administrative tax-settlement event rather than a discretionary sale into the market.

How many Lithia Motors (LAD) shares does Sidney DeBoer hold after this transaction?

After the tax-withholding event, Sidney B. DeBoer directly holds 26,137 shares of Lithia Motors common stock. This figure reflects his position following the withholding of 81 shares used to satisfy tax obligations on vested restricted stock units.

On what date did the Lithia Motors (LAD) insider tax-withholding occur?

The tax-related share withholding occurred on August 3, 2026. On that date, 81 shares of Lithia Motors common stock were withheld to pay taxes associated with the vesting of restricted stock units, as disclosed in the insider transaction report.

What per-share value was used for the Lithia Motors (LAD) insider tax withholding?

The filing reports a value of $385.42 per share for the 81 withheld shares. This per-share amount is used to describe the tax-withholding disposition tied to the vesting of restricted stock units for director Sidney B. DeBoer.

What transaction code was used in the Lithia Motors (LAD) insider filing and what does it mean?

The transaction used code F, described as payment of tax liability by delivering or withholding securities. This indicates the 81 shares were withheld to satisfy tax obligations on restricted stock units rather than sold on the open market.
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).
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*
DEBOER SIDNEY B

(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)
08/03/2026
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 Stock08/03/2026F81(1)D$385.4226,137D
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:
1. Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
Remarks:
/s/ Kevin Cundick, Attorney-in-Fact08/04/2026
** 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)