LEA Rule 144 Notice — 8,500 Common Shares Planned Sale via Fidelity
Rhea-AI Filing Summary
Lear Corporation (LEA) Form 144 filing summary: The filing notifies a proposed sale of 8,500 shares of common stock through Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI) on or about 08/26/2025. The aggregate market value of the proposed sale is reported as $940,262.04 and the number of shares outstanding is listed as 53,206,093. The securities were acquired via restricted stock vesting on three dates: 1,376 shares on 01/02/2023, 6,433 shares on 02/08/2023, and 691 shares on 01/04/2024, with payment characterized as compensation. The filer reports no securities sold in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and contains the required signature and legal warnings.
Positive
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Negative
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Insights
TL;DR: Small planned sale—8,500 shares totaling $940k—disclosed via Form 144; acquisition through vested restricted stock.
The filing documents a proposed Rule 144 sale of 8,500 common shares through Fidelity with an aggregate value of $940,262.04 against 53,206,093 outstanding shares. The securities were obtained through restricted stock vesting in 2023 and 2024 and are described as compensation. No sales in the prior three months are reported. For market impact, the filing is a routine disclosure of an intended transaction by an insider or other constrained holder and contains the standard attestation about material information. This notice fulfills Rule 144 procedural requirements and provides acquisition dates needed for determining resale eligibility.
TL;DR: Filing appears procedurally complete for a Rule 144 notice; includes broker, acquisition history, and attestation language.
The form lists the broker, number of shares, aggregate market value, outstanding shares, approximate sale date, and acquisition details showing restricted stock vesting and compensation as payment. The statement that no material adverse nonpublic information is known and the signature/legal notice are included. The filing also states no securities sold in the past three months. Absent additional issuer- or filer-specific disclosures in this document, the form meets the basic content expectations for a Form 144 submission.