Director at Lithia Motors (LAD) receives 715 stock units

Rhea-AI Filing Summary

Bailey Richard J Jr reported acquisition or exercise transactions in this Form 4 filing.

LITHIA MOTORS INC director Richard J. Bailey Jr received an award of 715 restricted stock units of Lithia Motors Inc Common Stock on April 30, 2026 at no cash cost per unit. Each restricted stock unit represents a contingent right to receive one share of Common Stock, bringing his direct holdings to 1,057 shares after the award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bailey Richard J Jr

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 — 1,057 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock units granted: 715 units Transaction price per unit: $0.0000 Shares held after transaction: 1,057 shares +1 more

4 metrics

Restricted stock units granted 715 units Award to director on April 30, 2026

Transaction price per unit $0.0000 Grant of restricted stock units

Shares held after transaction 1,057 shares Director’s direct holdings following award

Transaction date April 30, 2026 Date of restricted stock unit grant

Key Terms

restricted stock units, contingent right, Common Stock

3 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"

Common Stock financial

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

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bailey Richard J Jr

(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)
			Code	V	Amount	(A) or (D)	Price
Lithia Motors Inc Common Stock	04/30/2026		A		715(1)	A	$0	1,057	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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)

FAQ

What insider transaction did LITHIA MOTORS INC (LAD) report for Richard J. Bailey Jr?

LITHIA MOTORS INC reported that director Richard J. Bailey Jr received an award of 715 restricted stock units of Common Stock on April 30, 2026. These units were acquired at no cash cost and increase his direct equity-linked exposure to the company.

How many LITHIA MOTORS INC (LAD) shares does Richard J. Bailey Jr hold after this Form 4?

After the reported award, Richard J. Bailey Jr directly holds 1,057 shares of LITHIA MOTORS INC Common Stock. This total reflects the impact of the 715 restricted stock units granted on April 30, 2026, as disclosed in the Form 4 filing.

What type of securities were granted to the LITHIA MOTORS INC (LAD) director?

The director received 715 restricted stock units, each representing a contingent right to receive one share of LITHIA MOTORS INC Common Stock. These units were recorded as an acquisition under transaction code A, described as a grant, award, or other acquisition in the filing.

Did Richard J. Bailey Jr pay a purchase price for the LAD restricted stock units?

No, the filing shows a transaction price per share of 0.0000 for the 715 restricted stock units. This indicates the units were granted without a cash purchase price, consistent with an award classified under transaction code A in the Form 4.

Is the LITHIA MOTORS INC (LAD) Form 4 transaction a market buy or sell of shares?

The Form 4 shows an acquisition coded as a grant or award, not an open-market buy or sell. The 715 restricted stock units were granted at a stated price of 0.0000 per unit, representing equity-based compensation rather than a market trade.