Lear (NYSE: LEA) CEO reports 85,707-share award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lear Corporation’s President and CEO Scott Raymond reported equity compensation activity. On February 12, 2026, he acquired 85,707 shares of common stock at $0 through settlement of performance shares under the 2019 Long-Term Stock Incentive Plan. The company simultaneously withheld 37,369 shares at $136.73 per share to cover tax obligations. After these transactions, Raymond directly owned 99,789 shares of Lear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SCOTT RAYMOND E
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,707 | $0.00 | -- |
| Tax Withholding | Common Stock | 37,369 | $136.73 | $5.11M |
Holdings After Transaction:
Common Stock — 137,158 shares (Direct)
Footnotes (1)
- Settlement of non-derivative performance shares for the three-year performance period ending December 31, 2025, granted under the 2019 Lear Corporation Long-Term Stock Incentive Plan, as amended and restated, and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). Shares withheld by the Company to satisfy tax withholding requirements.
FAQ
What insider transaction did LEA CEO Scott Raymond report on February 12, 2026?
Lear CEO Scott Raymond reported equity compensation activity on February 12, 2026, receiving 85,707 common shares at $0 through settlement of performance shares, with 37,369 shares withheld by the company to satisfy tax withholding obligations related to that award.
What is Scott Raymond’s direct ownership in LEAR CORP (LEA) after these transactions?
After the reported transactions, Scott Raymond directly owned 99,789 shares of Lear common stock. This figure reflects the 85,707-share performance award settlement, net of the 37,369 shares withheld by the company to cover associated tax obligations.