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LEA (NYSE: LEA) files Rule 144 notice listing vested restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LEA filed a Form 144 notifying proposed sales of its common stock tied to restricted stock vesting events. The filing lists individual vesting lots of 41, 464, 193, 672, and 5,260 shares with vesting dates from 01/02/2021 through 02/12/2026.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice for planned sales of vested restricted shares.

The filing lists proposed sales of common stock tied to restricted stock vesting, with specific lot sizes of 41, 464, 193, 672, and 5,260 shares and vesting dates between 01/02/2021 and 02/12/2026.

These entries reflect planned disposition under Rule 144; timing and execution depend on the filer meeting Rule 144 conditions and completing brokerage transactions. Subsequent filings may report completed sales.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LEA's Form 144 disclose about the shares to be sold?

It discloses proposed sales of common stock tied to vested restricted shares on specified dates. The filing lists lots of 41, 464, 193, 672, and 5,260 shares with vesting dates from 01/02/2021 to 02/12/2026.

Are the listed shares already vested according to the LEA filing?

The filing links each sale to a restricted stock vesting event on the listed date. Each lot is labeled as 'Restricted Stock Vesting' with its associated vesting date and share count.

Does LEA state who will receive proceeds from the proposed sales?

The excerpt does not specify proceeds recipients or uses of proceeds. The entries identify the transaction type as 'Compensation' tied to restricted stock vesting without stating cash-flow recipients.

Will LEA report when these proposed sales are completed?

Subsequent filings typically disclose completed transactions. This excerpt lists proposed sales under Rule 144; later Form 4 or other SEC reports may record actual sale execution and amounts.

What transaction types are listed in the LEA Form 144 excerpt?

Each lot is described as 'Restricted Stock Vesting' and categorized under 'Compensation.' The entries pair vesting dates with the corresponding share counts for proposed sale.
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