LEAR CORP SEC Filings

Conrad L. Mallett filed to sell LEA common stock under Rule 144. The filing lists up to 1,646 shares of common stock to be sold through Fidelity Brokerage Services LLC on the NYSE on or after 08/06/2026, with an indicated value of $199,742.10. The shares relate to restricted stock vesting on 05/14/2026 as compensation from the issuer. Over the prior three months, Mallett reported selling 190 shares of common stock on 06/10/2026 for $26,854.60.

Lear Corporation filed an automatic shelf registration statement on Form S-3 as a well-known seasoned issuer, allowing it to offer from time to time an indeterminate amount of common stock, preferred stock, debt securities, warrants, subscription rights, stock purchase contracts and stock purchase units. Any specific offering will be detailed in a future prospectus supplement, including pricing, size and distribution method. Net proceeds from sales are expected to be used for working capital and other general corporate purposes, including refinancing of debt. Lear highlights its global Seating and E-Systems businesses, supplying major automotive manufacturers worldwide, with operations organized into two reporting segments and aligned with trends such as electrified powertrains and advanced in-vehicle electronics.

Lear Corporation reported higher results for the quarter and six months ended July 4, 2026. Net sales were $6,209.4 million for the quarter and $12,032.2 million year-to-date, both above the prior-year periods. Net income attributable to Lear was $192.8 million for the quarter and $365.1 million for six months, with diluted EPS of $3.79 and $7.13, respectively.

Operating cash flow strengthened to $558.6 million in the first half, funding capital expenditures of $297.3 million, share repurchases of $175.0 million and dividends paid of $81.2 million. Cash and cash equivalents were $1,000.6 million and long-term debt was $2,713.4 million as of July 4, 2026, with no borrowings under the $2.0 billion revolving credit facility.

Seating and E-Systems both contributed, generating first-half segment earnings of $563.6 million and $158.4 million. The company continued restructuring, recording $69.0 million in charges year-to-date and expecting approximately $26 million of additional charges in Seating and $10 million in E-Systems related to actions initiated by July 4, 2026.

Lear Corporation reported second-quarter 2026 results and raised the midpoints of its full-year 2026 outlook. Net sales were $6.2 billion, up 3% year-over-year, with core operating earnings of $313 million, or 5.0% of sales. Net income attributable to Lear was $193 million and diluted EPS was $3.79; adjusted net income was $217 million and adjusted EPS $4.28, reflecting 24% and 23% year-over-year EPS growth.

Net cash provided by operating activities increased to $461 million and free cash flow to $288 million. Lear repurchased 735,873 shares for $100 million and paid $39 million in dividends, ending the quarter with $1.0 billion in cash and total liquidity of $3.0 billion.

Both Seating and E-Systems delivered higher earnings, with E-Systems adjusted margins improving to 5.8% of sales. For full-year 2026, Lear now forecasts net sales of $23,540-$24,010 million, core operating earnings of $1,080-$1,200 million, adjusted EBITDA of $1,700-$1,820 million, and free cash flow of $590-$690 million.

LEAR CORP director Kathleen Ligocki reported a routine equity compensation transaction involving deferred stock units. She converted 53 deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into 53 shares of Lear common stock pursuant to a prior deferral election.

Each deferred stock unit is equal in value to one share of Lear common stock. After this conversion, Ligocki directly holds 3,943 shares of common stock and 18,410 deferred stock units, reflecting continued equity-based compensation rather than an open-market purchase or sale.

LEAR CORP President and CEO Raymond E. Scott sold 50,000 shares of common stock in open-market transactions. The sales occurred on June 24, 2026 in four blocks at weighted-average prices between about $134.44 and $137.21 per share. All transactions were direct sales of common stock, and footnotes explain that each reported price reflects a weighted average for multiple trades within specified price ranges. One transaction line shows that Scott held 49,789 shares of common stock directly following that sale, indicating he retains a meaningful equity position.

LEA filed a Form 144 notice reporting a proposed sale of 50,000 shares of common stock, with an aggregate value of $6,849,000.00, through Fidelity Brokerage Services LLC on 06/24/2026. The filing lists multiple tranches of restricted stock vesting issued as compensation on specific vesting dates with share counts shown for each tranche.

LEAR CORP director Conrad L. Mallett Jr. reported an open-market sale of 190 shares of Lear common stock at $141.34 per share. After this transaction, he directly holds 1,683 shares of the company’s common stock, according to the Form 4 filing.

The filing is a Form 144 notice related to proposed sales of restricted common stock. The excerpt lists multiple restricted stock vesting events with scheduled dates and quantities and shows a prior sale of 44 common shares on 03/13/2026 by Conrad L. Mallett.