Lithia Motors Inc (NYSE: LAD) officer reports RSU-related stock moves
Rhea-AI Filing Summary
Lithia Motors Inc executive George N. Hines reported equity-related transactions in company stock. On January 9, 2026, he acquired 6,728 shares of Lithia Motors Inc common stock at $0 per share, tied to performance- and time-vesting restricted stock units that were awarded under an agreement dated February 22, 2023. Following this transaction, he directly held 11,154 shares of common stock.
On the same date, Hines acquired an additional 811 shares of common stock at $0 per share in connection with restricted stock units that vest on January 1 of 2027, 2028, and 2029, bringing his direct holdings to 11,965 shares. Also on January 9, 2026, 4,071 shares were withheld at a price of $332.33 per share to cover taxes due on the vesting of restricted stock units, reducing his direct holdings to 7,894 shares of Lithia Motors Inc common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Lithia Motors Inc Common Stock | 6,728 | $0.00 | -- |
| Grant/Award | Lithia Motors Inc Common Stock | 811 | $0.00 | -- |
| Tax Withholding | Lithia Motors Inc Common Stock | 4,071 | $332.33 | $1.35M |
Footnotes (1)
- Restricted stock units were awarded and earned under a performance and time-vesting restricted stock unit agreement entered into on 02-22-2023. Compensation Committee certification of the achievement of the performance condition for the award occurred on the transaction date. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest on January 1, 2026. Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest on January 1st of each of the following years: 2027, 2028, 2029. Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
FAQ
Who is the insider in Lithia Motors Inc (LAD)'s latest Form 4 filing?
The reporting person is George N. Hines, who serves as Chief Innovation & Tech Officer of Lithia Motors Inc.
What stock awards did George N. Hines report for Lithia Motors Inc (LAD)?
On January 9, 2026, Hines reported acquiring 6,728 shares of Lithia Motors Inc common stock at $0 per share in connection with performance- and time-vesting restricted stock units awarded under a February 22, 2023 agreement.
Did George N. Hines report any additional equity grants in Lithia Motors Inc (LAD)?
Yes. On January 9, 2026, he also acquired 811 shares of Lithia Motors Inc common stock at $0 per share, tied to restricted stock units that vest on January 1 of 2027, 2028, and 2029, subject to continued employment.
What are the vesting conditions of the restricted stock units for Lithia Motors Inc (LAD)?
The filing explains that certain restricted stock units vest on January 1, 2026, and other restricted stock units vest on January 1 of 2027, 2028, and 2029, in each case subject to the reporting person’s continued employment with Lithia Motors Inc or its subsidiaries.