Lithia Motors (LAD) director withholds 81 shares to cover RSU taxes
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 81 shares
Net Sell
1 txn
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)
- F1. Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
Key Figures
Shares withheld for taxes: 81 shares
Per-share value for withheld shares: $385.42
Shares held after transaction: 26,137 shares
3 metrics
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
Key Terms
restricted stock units, withheld for payment of taxes, open market transaction
3 terms
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.
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.
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 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.