Lear (LEA) EVP Frank Orsini logs stock award and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lear Corporation executive Frank C. Orsini, EVP and President, Seating, reported equity compensation activity in company common stock. On February 12, 2026, he acquired 23,067 shares at $0 as settlement of performance shares for a three-year period ending December 31, 2025, under Lear’s long-term stock incentive plan. On the same day, 10,058 shares were disposed of at $136.73 per share, with the shares withheld by the company to cover tax withholding obligations. After these transactions, Orsini directly owned 32,282 shares of Lear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Orsini Frank C
Role
EVP and President, Seating
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,067 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,058 | $136.73 | $1.38M |
Holdings After Transaction:
Common Stock — 42,340 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 transactions did Lear (LEA) executive Frank C. Orsini report?
Frank C. Orsini reported two transactions in Lear common stock on February 12, 2026. He acquired 23,067 shares through performance share settlement and had 10,058 shares withheld by the company to cover tax obligations, leaving him with 32,282 directly owned shares.
What role does Frank C. Orsini hold at Lear (LEA)?
Frank C. Orsini serves as Executive Vice President and President, Seating, at Lear. His position is disclosed in the Form 4 as an officer role, which requires reporting transactions in Lear common stock under Section 16 rules.