Lear Corp (NYSE: LEA) director logs RSU vesting, tax share withholding and new grant
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,222 shares
Net Buy
4 txns
Insider
Blissett Julian G.
Role
Director
| 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 |
Holdings After Transaction:
Restricted Stock Units — 1,330 shares (Direct);
Common Stock — 1,670 shares (Direct)
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
Shares withheld for taxes: 637 shares at $139.01
RSUs exercised: 1,859 units
Common shares held after: 1,670 shares
+2 more
5 metrics
Shares withheld for taxes
637 shares at $139.01
Common stock withheld to satisfy tax obligations on May 14, 2026
RSUs exercised
1,859 units
Restricted stock units vested and settled into common stock on May 14, 2026
Common shares held after
1,670 shares
Direct LEAR CORP common stock holdings following transactions
New RSU grant
1,330 units
RSUs granted under Lear Corporation 2019 Long Term Stock Incentive Plan
RSU conversion ratio
1-for-1
Each restricted stock unit converts into one share of common stock
Key Terms
Restricted Stock Units, tax withholding requirements, derivative security, Long Term Stock Incentive Plan, +1 more
5 terms
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.
tax withholding requirements financial
"Shares withheld by the company to satisfy tax withholding requirements."
derivative security financial
"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."
vest and settle financial
"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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did LEAR CORP (LEA) director Julian Blissett report?
Julian Blissett reported an RSU vesting, an option-style exercise, a tax withholding share disposition, and a new RSU grant. These transactions are typical equity compensation events rather than open-market trades in LEAR CORP common stock.
What are Julian Blissett’s LEAR CORP holdings after these Form 4 transactions?
After the reported transactions, Blissett directly holds 1,670 LEAR CORP common shares. He also holds 1,330 restricted stock units that are scheduled to vest and settle into common stock based on the plan’s vesting conditions.
What new restricted stock units did Julian Blissett receive from LEAR CORP?
Blissett received 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each unit converts into one common share and will vest on the earlier of the first grant anniversary or the next annual stockholders’ meeting.
Were Julian Blissett’s LEAR CORP transactions open-market buys or sales?
The filing shows no open-market purchases or sales. Instead, it reflects an RSU vesting and exercise, a tax-withholding share disposition, and a new RSU grant, which are standard equity compensation events for a director.