Lear director reports RSU vesting and share withholding
LEAR CORP director Julian G. Blissett reported routine equity compensation activity involving restricted stock units and common shares.
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Rhea-AI Filing Summary
LEAR CORP director Julian G. Blissett reported routine equity compensation activity involving restricted stock units and common shares. On May 14, 2026, 1,859 restricted stock units vested and were exercised into 1,859 shares of common stock, consistent with their 1-for-1 conversion terms.
To cover tax withholding obligations, 637 of these common shares were withheld by the company at a price of $139.01 per share, leaving Blissett with 1,670 common shares held directly after the transactions. He also received a new grant of 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan, which will vest and settle in common stock on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,859 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,330 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,859 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 637 | $139.01 | $89K |
Footnotes (4)
- F1. The restricted stock units vested and settled in common stock on May 14, 2026.
- F2. Shares withheld by the company to satisfy tax withholding requirements.
- F3. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
- F4. 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding requirements financial
derivative security financial
Long Term Stock Incentive Plan financial
vest and settle financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LEAR CORP (LEA) director Julian Blissett report?
What are Julian Blissett’s LEAR CORP holdings after these Form 4 transactions?
What new restricted stock units did Julian Blissett receive from LEAR CORP?
Were Julian Blissett’s LEAR CORP transactions open-market buys or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.