Does the LITHIA MOTORS INC (LAD) Form 4 show any insider share sales?

No insider share sales are shown in this Form 4 excerpt. The transaction summary lists one acquisition via grant and zero sell transactions, indicating the activity relates solely to an award of restricted stock units to the reporting director.

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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McKinney Cassandra M. reported acquisition or exercise transactions in this Form 4 filing.

Lithia Motors Inc director Cassandra M. McKinney received a grant of 715 restricted stock units on Common Stock as compensation. The award was recorded at a price of $0.00 per unit, indicating it was not an open-market purchase. After this grant, her directly held position reported in this filing totals 2,015 shares. Each restricted stock unit represents a contingent right to receive one share of Common Stock, typically subject to vesting conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McKinney Cassandra M.

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 — 2,015 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 715 units Grant price: $0.00 per unit Holdings after transaction: 2,015 shares +3 more

6 metrics

RSU grant size 715 units Restricted stock units granted on Common Stock

Grant price $0.00 per unit Compensation-related award, not open-market purchase

Holdings after transaction 2,015 shares Common Stock directly held after the grant

Transaction code A Grant, award, or other acquisition of Common Stock

Transaction direction acquire Form 4 transaction classification

Derivative positions 0 instruments No remaining derivative securities in this filing

Key Terms

restricted stock units, contingent right, Common Stock, 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"

Common Stock financial

"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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 08:17 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^*

McKinney Cassandra M.

(Last)

(First)

(Middle)

150 N BARLETT 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	2,015	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 Cassandra M. McKinney?

LITHIA MOTORS INC reported that director Cassandra M. McKinney acquired 715 restricted stock units tied to Common Stock. The grant was recorded at $0.00 per unit, indicating a compensation award rather than an open-market purchase of shares.

How many LITHIA MOTORS INC (LAD) shares does Cassandra M. McKinney hold after this Form 4?

After the reported transaction, Cassandra M. McKinney holds 2,015 shares of LITHIA MOTORS INC Common Stock directly. This total reflects the impact of the 715-unit restricted stock award disclosed in the Form 4 filing for the stated transaction date.

Was the LITHIA MOTORS INC (LAD) insider transaction an open-market buy or a stock grant?

The transaction was a stock grant, not an open-market purchase. The Form 4 shows code “A” for a grant or award and a price of $0.00 per share, indicating compensation-related restricted stock units rather than shares bought on the open market.

What do the restricted stock units in the LITHIA MOTORS INC (LAD) filing represent?

Each restricted stock unit in the filing represents a contingent right to receive one share of LITHIA MOTORS INC Common Stock. These units are typically subject to vesting conditions before becoming actual shares that the director can freely own and potentially sell.