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Lear (NYSE: LEA) director exercises 1,859 RSUs and receives 1,330-unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lear Corporation director Roger A. Krone reported routine equity compensation activity. On May 14, 2026, restricted stock units vested and were converted into 1,859 shares of common stock, increasing his direct common stock holdings to 4,039 shares.

On the same date, he received a new grant of 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each restricted stock unit converts into one share of common stock and will vest and settle on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant date.

Positive

  • None.

Negative

  • None.
Insider KRONE ROGER A
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,859 $0.00 --
Grant/Award Restricted Stock Units 1,330 $0.00 --
Exercise Common Stock 1,859 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 4,039 shares (Direct, null)
Footnotes (1)
  1. The restricted stock units vested and settled in common stock on May 14, 2026. Each restricted stock unit is convertible into common stock on a 1-for-1 basis. The restricted stock units were granted on May 14, 2026, under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest and settle in common stock on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date.
RSUs converted 1,859 shares Restricted stock units vested and settled into common stock on May 14, 2026
Common stock holdings 4,039 shares Direct common stock owned after transactions on May 14, 2026
New RSU grant 1,330 units Restricted stock units granted on May 14, 2026 under 2019 Long Term Stock Incentive Plan
RSU conversion ratio 1-for-1 Each restricted stock unit convertible into one share of Lear common stock
Restricted Stock Units financial
"The restricted stock units vested and settled in common stock on May 14, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Long Term Stock Incentive Plan financial
"granted on May 14, 2026, under the Lear Corporation 2019 Long Term Stock Incentive Plan."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KRONE ROGER A
(Last)(First)(Middle)
21557 TELEGRAPH ROAD
(Street)
SOUTHFIELD MICHIGAN 48033
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
LEAR CORP [ LEA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026M1,859A$0(1)4,039D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)05/14/2026M1,859 (1) (1)Common Stock1,859$00D
Restricted Stock Units(2)05/14/2026A1,330 (3) (3)Common Stock1,330$01,330D
Explanation of Responses:
1. The restricted stock units vested and settled in common stock on May 14, 2026.
2. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
3. The restricted stock units were granted on May 14, 2026, under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest and settle in common stock on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date.
/s/ Jacqlyn Waite, as Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Lear Corp (LEA) director Roger A. Krone report?

Roger A. Krone reported equity compensation activity, including vested restricted stock units converting into 1,859 Lear common shares and a new grant of 1,330 restricted stock units that will convert into common stock upon vesting.

How many Lear Corp (LEA) common shares does Roger A. Krone hold after this Form 4?

After the reported transactions, Roger A. Krone directly holds 4,039 shares of Lear common stock. This reflects the conversion of 1,859 restricted stock units into common shares as part of his director equity compensation.

What new restricted stock units did Lear Corp (LEA) grant to Roger A. Krone?

Lear granted Roger A. Krone 1,330 restricted stock units under its 2019 Long Term Stock Incentive Plan. Each unit converts into one share of common stock when it vests and settles, subject to the plan’s terms.

When do Roger A. Krone’s new Lear (LEA) restricted stock units vest?

The 1,330 restricted stock units granted to Roger A. Krone vest and settle in common stock on the earlier of the first anniversary of the May 14, 2026 grant date or the date of the next annual meeting of stockholders following that grant.

What is the conversion ratio for Lear (LEA) restricted stock units reported in this Form 4?

Each restricted stock unit held by Roger A. Krone converts into Lear common stock on a one-for-one basis. This 1-for-1 ratio applied to both the 1,859 units that vested and the 1,330 newly granted units.

Are the Lear Corp (LEA) transactions by Roger A. Krone open-market buys or sales?

The reported transactions are equity compensation events, not open-market trades. They include vesting and conversion of 1,859 restricted stock units into common shares and a new grant of 1,330 restricted stock units, all at a stated price of $0.00 per unit.