Lear (LEA) director gets 1,859 shares and 1,330 new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lear Corporation director Bradley M. Halverson increased his equity stake through routine equity compensation activity. On May 14, 2026, previously granted restricted stock units vested and were converted into 1,859 shares of common stock, leaving him with 8,171 common shares held directly.
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. These units convert into common stock on a 1-for-1 basis and are scheduled to vest and settle on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,859 shares exercised/converted
Mixed
3 txns
Insider
Halverson Bradley M
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 — 8,171 shares (Direct, null)
Footnotes (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.
Key Figures
RSUs exercised: 1,859 units
New RSU grant: 1,330 units
Shares held after transaction: 8,171 shares
+3 more
6 metrics
RSUs exercised
1,859 units
Restricted stock units vested and settled into common stock on May 14, 2026
New RSU grant
1,330 units
Granted on May 14, 2026 under 2019 Long Term Stock Incentive Plan
Shares held after transaction
8,171 shares
Common stock directly owned following May 14, 2026 transactions
RSUs outstanding after grant
1,330 units
Restricted stock units remaining after new award on May 14, 2026
Exercise events
1 event, 1,859 shares
Exercise or conversion of derivative security per transaction summary
Acquire-type transactions
3 transactions
All reported transactions classified as acquisitions in transaction summary
Key Terms
Restricted Stock Units, derivative security, Long Term Stock Incentive Plan, 1-for-1 basis
4 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.
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."
1-for-1 basis financial
"Each restricted stock unit is convertible into common stock on a 1-for-1 basis."
FAQ
What insider transactions did Lear (LEA) director Bradley M. Halverson report?
Bradley M. Halverson reported routine equity compensation transactions. Previously granted restricted stock units vested into 1,859 Lear common shares, and he received a new grant of 1,330 restricted stock units that will convert into common stock on a 1-for-1 basis.
What did the 1,859 restricted stock units in Lear (LEA) convert into?
The 1,859 restricted stock units vested and settled into 1,859 shares of Lear common stock on May 14, 2026. Each restricted stock unit converts into one share of common stock under the terms described in the company’s long-term incentive plan.
What new equity award did Bradley M. Halverson receive from Lear (LEA)?
Bradley M. Halverson received a grant of 1,330 restricted stock units on May 14, 2026, under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each unit is convertible into one share of common stock upon vesting and settlement conditions being met.
When will Bradley M. Halverson’s new Lear (LEA) restricted stock units vest?
The 1,330 new restricted stock units will vest and settle into Lear 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 date.
How are Lear (LEA) restricted stock units described in this filing?
Each Lear restricted stock unit is convertible into common stock on a 1-for-1 basis. Previously granted units vested and settled into shares on May 14, 2026, while the newly granted units will vest on the schedule defined in the long-term incentive plan.