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LEA Form 144: Proposed insider sale worth $497k, 0.009% of float

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

Rhea-AI Filing Summary

Lear Corporation (LEA) – Form 144 filing: An unidentified affiliate plans to sell up to 5,000 common shares, equal to roughly 0.009% of the 53.2 million shares outstanding. Using an implied price of $99.50, the aggregate market value of the proposed sale is $497,500. The shares were acquired through restricted-stock vesting on 02 Feb 2024 as compensation. The filer intends to execute the sale through Fidelity Brokerage Services on or about 29 Jul 2025, with the NYSE listed as the trading venue.

The notice states that the seller attests to having no undisclosed material adverse information about Lear and affirms compliance with Rule 144. No other sales by the filer occurred during the past three months, and no non-cash consideration was involved in acquiring the shares.

Positive

  • None.

Negative

  • Insider intends to sell 5,000 shares, which, while small, can be perceived as a mildly negative signal about near-term sentiment.

Insights

TL;DR: Small insider sale (~$0.5 M) under Rule 144; immaterial to float, neutral sentiment.

The filing discloses a prospective sale of 5,000 LEA shares, less than one-hundredth of one percent of shares outstanding. Such Rule 144 notices are routine when restricted or control shares become eligible for public resale. The modest size limits market impact and does not signal broad insider pessimism. Absence of prior 3-month sales and the compensation-based acquisition indicate a typical liquidity event. Investors should monitor cumulative insider activity, but this single transaction is not expected to move valuation or alter fundamentals.

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

How many Lear Corporation shares are being sold under this Form 144?

The filer plans to sell 5,000 common shares.

What is the estimated dollar value of the proposed Lear (LEA) share sale?

The aggregate market value is approximately $497,500.

When is the Lear Corp insider sale expected to occur?

The approximate sale date listed is 29 July 2025.

What percentage of Lear’s outstanding shares does this sale represent?

About 0.009% of the 53,206,093 shares outstanding.

How were the shares originally acquired by the seller?

They vested as restricted-stock compensation on 07 Feb 2024.
Lear

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