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Lithia Motors director forfeits 540 shares

After the forfeiture, a director directly held 884 Lithia Motors common shares.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Lithia Motors Inc. director Heidi O’Neill forfeited 540 shares of common stock to the issuer on September 25, 2026, upon termination of her services under the applicable equity award agreement. The reported transaction price was $0.0000 per share. She directly held 884 shares following the transaction.

Insider O'NEILL HEIDI
Role Director
Type Security Shares Price Value
Disposition Lithia Motors Inc Common Stock F1 540 $0.00 $0.00
Holdings After Transaction: Lithia Motors Inc Common Stock — 884 shares (Direct)
Footnotes (1)
  1. F1. Represents shares forfeited to the Issuer upon termination of the Reporting Persons services in accordance with the terms of the applicable equity award agreement.
Shares forfeited 540 shares Forfeited to the issuer on September 25, 2026
Shares held following transaction 884 shares Direct holdings following the forfeiture
Reported transaction price $0.0000 per share Reported for the forfeiture
equity award agreement financial
"terms of the applicable equity award agreement"
A written contract that grants someone ownership rights or the option to buy company shares under specific conditions, such as earning the shares over time or meeting performance targets. Investors care because these agreements affect how many shares may be issued in the future (dilution), how company leaders are motivated and kept long-term, and the company’s reported expenses—think of it like a promised ownership bonus that vests like a job-based reward.
forfeited to the issuer financial
"shares forfeited to the Issuer upon termination"
termination of services technical
"upon termination of the Reporting Persons services"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LAD shares did director Heidi O’Neill hold after the forfeiture?

Heidi O’Neill directly held 884 shares of Lithia Motors common stock after the forfeiture on September 25, 2026.

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

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Learn about SEC filing dates
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
X
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*
O'NEILL HEIDI

(Last)(First)(Middle)
150 N BARTLETT

(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)
09/25/2026
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 Stock09/25/2026D540(1)D$0884D
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. Represents shares forfeited to the Issuer upon termination of the Reporting Persons services in accordance with the terms of the applicable equity award agreement.
Remarks:
/s/ Kevin Cundick, Attorney-in-Fact09/28/2026
** 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)

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