Lear (LEA) director Kathleen Ligocki awarded 1,330 restricted stock units with deferred settlement

Rhea-AI Filing Summary

LEAR CORP director Kathleen Ligocki received a grant of 1,330 restricted stock units (RSUs) on May 14, 2026. These RSUs convert into an equal number of common shares on a 1-for-1 basis. The award was granted under the Lear Corporation 2019 Long-Term Stock Incentive Plan.

The RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting after the grant. Settlement of the RSUs has been deferred, under the Outside Directors Compensation Plan, until Ms. Ligocki retires from the board or there is a change in control of Lear.

Insights

Equity compensation analyst

Routine director RSU grant with deferred settlement and standard vesting.

Director Kathleen Ligocki received 1,330 restricted stock units, convertible 1-for-1 into common stock. This is a compensation-related award under the 2019 Long-Term Stock Incentive Plan, not an open-market purchase or sale, so it carries limited trading signal.

The RSUs vest on the earlier of the first anniversary of May 14, 2026 or the next annual stockholders’ meeting, aligning compensation with ongoing board service. Settlement is deferred until her retirement from the board or a corporate change in control, which extends her equity exposure over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LIGOCKI KATHLEEN

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,330	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,330 shares (Direct, null)

Footnotes (1)

1. 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 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. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Ms. Ligocki's retirement as a director of Lear Corporation or a change in control of Lear Corporation.

Key Figures

RSUs granted: 1,330 units Conversion ratio: 1-for-1 Post-grant RSU holdings: 1,330 units

3 metrics

RSUs granted 1,330 units Restricted stock units granted on May 14, 2026

Conversion ratio 1-for-1 Each RSU convertible into one share of common stock

Post-grant RSU holdings 1,330 units Total restricted stock units following the transaction

Key Terms

Restricted Stock Units, 1-for-1 basis, Long-Term Stock Incentive Plan, Outside Directors Compensation Plan, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit is convertible into common stock on a 1-for-1 basis."

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.

1-for-1 basis financial

"Each restricted stock unit is convertible into common stock on a 1-for-1 basis."

Long-Term Stock Incentive Plan financial

"granted on May 14, 2026 under the Lear Corporation 2019 Long-Term Stock Incentive Plan."

Outside Directors Compensation Plan financial

"deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan,"

change in control financial

"until the earlier of Ms. Ligocki's retirement as a director of Lear Corporation or a change in control of Lear Corporation."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

LIGOCKI KATHLEEN

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/14/2026		A		1,330		(2)	(2)	Common Stock	1,330	$0	1,330	D

Explanation of Responses:

1. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.

2. 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 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. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Ms. Ligocki's retirement as a director of Lear Corporation or a change in control of Lear Corporation.

	/s/Jacqlyn Waite, as Attorney-in-Fact	05/18/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did LEAR CORP director Kathleen Ligocki report on this Form 4 for LEA?

Director Kathleen Ligocki reported receiving a grant of 1,330 restricted stock units. These units are a form of stock-based compensation tied to her board service and convert into an equal number of Lear common shares upon settlement, subject to vesting and deferral conditions.

How many Lear (LEA) restricted stock units did Kathleen Ligocki receive?

She received 1,330 restricted stock units. Each unit represents the right to receive one share of Lear common stock in the future, once vesting requirements are met and the deferral conditions for settlement are satisfied under the applicable compensation plans.

When do Kathleen Ligocki’s new Lear (LEA) RSUs vest?

The RSUs vest on the earlier of the first anniversary of the May 14, 2026 grant date or the next annual meeting of stockholders. This schedule links vesting to her ongoing service as a director and the company’s annual governance cycle.

When will Kathleen Ligocki receive Lear (LEA) shares from these RSUs?

Settlement of the RSUs has been deferred until the earlier of Ms. Ligocki’s retirement as a Lear director or a change in control of the company. Only then will the vested RSUs convert into common stock and be delivered to her.

Are Kathleen Ligocki’s Lear (LEA) RSUs granted under a specific plan?

Yes. The RSUs were granted under the Lear Corporation 2019 Long-Term Stock Incentive Plan. Their settlement timing is governed by an election made under the Lear Corporation Outside Directors Compensation Plan, which allows deferral until retirement or a change in control.

Do these Lear (LEA) RSUs involve any open-market buying or selling by Kathleen Ligocki?

No. The Form 4 shows a grant of restricted stock units as compensation, coded as a grant or award acquisition. There is no indication of open-market purchases or sales; it simply increases her equity-based stake in the company over time.