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Lear (NYSE: LEA) director Mary Lou Jepsen gains shares through RSU vesting and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LEAR CORP director Mary Lou Jepsen reported equity compensation changes involving restricted stock units (RSUs). On May 14, 2026, previously granted RSUs vested and were exercised into 1,859 shares of Common Stock, increasing her direct stock holdings to 12,970.869 shares.

On the same date, she received a new grant of 1,330 RSUs under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each RSU is convertible into one share of common stock and will vest and settle on the earlier of the first anniversary of the grant or the next annual stockholders’ meeting.

Positive

  • None.

Negative

  • None.
Insider Jepsen Mary Lou
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 — 12,970.869 shares (Direct, null)
Footnotes (1)
  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.
RSUs vested into common stock 1,859 shares Restricted stock units settled in common stock on May 14, 2026
Common shares held after transaction 12,970.869 shares Direct Lear common stock holdings following RSU vesting
New RSU grant 1,330 RSUs Granted May 14, 2026 under 2019 Long Term Stock Incentive Plan
RSU conversion ratio 1-for-1 Each restricted stock unit converts into one common share
Transaction date May 14, 2026 Date of RSU vesting and new RSU grant
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.
vested and settled financial
"The restricted stock units vested and settled in common stock on May 14, 2026."
1-for-1 basis financial
"Each restricted stock unit is convertible into common stock on a 1-for-1 basis."
2019 Long Term Stock Incentive Plan financial
"The restricted stock units were granted on May 14, 2026, under the Lear Corporation 2019 Long Term Stock Incentive Plan."
annual meeting of stockholders financial
"…vest and settle in common stock on the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders…"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Jepsen Mary Lou
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026M1,859A$0(1)12,970.869D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)05/14/2026M1,859 (1) (1)Common Stock1,859$00D
Restricted Stock Units(2)05/14/2026A1,330 (3) (3)Common Stock1,330$01,330D
Explanation of Responses:
1. The restricted stock units vested and settled in common stock on May 14, 2026.
2. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
3. 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.
/s/ Jacqlyn Waite, as Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did LEAR CORP director Mary Lou Jepsen report in this Form 4?

Mary Lou Jepsen reported equity compensation activity, not open-market trading. Previously granted restricted stock units vested into 1,859 Lear common shares, and she also received a new grant of 1,330 restricted stock units on May 14, 2026.

How many LEAR CORP shares does Mary Lou Jepsen hold after these transactions?

After the RSUs vested into common shares, Mary Lou Jepsen directly holds 12,970.869 shares of Lear common stock. This reflects the addition of 1,859 shares from vested restricted stock units as of May 14, 2026.

What new restricted stock units did Mary Lou Jepsen receive from LEAR CORP?

She 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 represents the right to receive one share of Lear common stock upon vesting.

When will Mary Lou Jepsen’s new LEAR CORP RSUs vest and settle?

The 1,330 restricted stock units will vest and settle in common stock on the earlier of the first anniversary of the May 14, 2026 grant date or the date of the next annual stockholders’ meeting, according to the plan terms.

Are Mary Lou Jepsen’s LEAR CORP transactions open-market buys or sells?

The reported transactions are equity compensation events, not market trades. They include the vesting and settlement of previously granted restricted stock units into 1,859 shares and the grant of 1,330 new restricted stock units at no purchase price.

What is the conversion ratio of Mary Lou Jepsen’s LEAR CORP restricted stock units?

Each restricted stock unit converts into one share of Lear common stock. The Form 4 notes a 1-for-1 conversion ratio, which applied to both the 1,859 vested units and the new 1,330-unit grant.