Lear director converts 53 deferred units to shares

LEAR CORP director Kathleen Ligocki exercised deferred stock units into common shares under the company’s Outside Directors Compensation Plan.

Rhea-AI Filing Summary

LEAR CORP director Kathleen Ligocki exercised deferred stock units into common shares under the company’s Outside Directors Compensation Plan. On the reported date, 53 deferred stock units converted into 53 shares of Lear common stock, reflecting the twenty-sixth quarterly installment of her prior deferral election.

Each deferred stock unit is equal in value to one share of Lear common stock. Following these transactions, she directly holds 16,604 deferred stock units and 3,890 shares of Lear common stock, showing a routine, compensation-related increase in her direct equity position rather than an open-market trade.

Insider Trade Summary

53 shares exercised/converted

Exercise 2 txns

Insider LIGOCKI KATHLEEN

Role Director

Type	Security	Shares	Price	Value
Exercise	Deferred Stock Units	53	$0.00	$0.00
Exercise	Common Stock	53	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 16,604 contracts (Direct); Common Stock — 3,890 shares (Direct)

Footnotes (3)

1. F1. Conversion of twenty-sixth quarterly installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
2. F2. Each deferred stock unit is equal in value to one share of Lear Corporation common stock.
3. F3. The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.

Key Figures

Deferred stock units exercised: 53 units Common shares received: 53 shares Deferred stock units held after: 16,604 units +3 more

6 metrics

Deferred stock units exercised 53 units Converted into common stock on 2026-04-01

Common shares received 53 shares Issued upon conversion of deferred stock units

Deferred stock units held after 16,604 units Director holdings following the transaction

Common shares held after 3,890 shares Director’s direct common stock position after exercise

Exercise price per unit $0.00/unit Derivative exercise under compensation plan

Exercise transactions 1 exercise, 2 records Derivative unit and matching common share entries

Key Terms

Deferred Stock Units, Outside Directors Compensation Plan, deferral election, Exercise or conversion of derivative security

4 terms

Deferred Stock Units financial

"security_title: "Deferred Stock Units" and each unit equals one share"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Outside Directors Compensation Plan financial

"accrued under the Lear Corporation Outside Directors Compensation Plan"

deferral election financial

"pursuant to the Reporting Person's deferral election"

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LEAR CORP (LEA) director Kathleen Ligocki report?

Kathleen Ligocki reported exercising 53 deferred stock units into 53 shares of Lear common stock. The move reflects a scheduled conversion under the Outside Directors Compensation Plan, tied to her prior deferral election rather than an open-market purchase or sale.

How many Lear (LEA) shares does Kathleen Ligocki hold after this Form 4 filing?

After the reported transactions, Kathleen Ligocki directly holds 3,890 shares of Lear common stock. She also holds 16,604 deferred stock units, which are generally payable in shares of Lear common stock pursuant to her existing deferral election under the directors compensation plan.

What are deferred stock units in the context of Lear (LEA)’s director compensation?

For Lear’s directors, each deferred stock unit equals one share of Lear common stock. Units are accrued under the Outside Directors Compensation Plan based on a deferral election and are generally paid out later in shares, aligning director compensation with long-term shareholder interests.

Was Kathleen Ligocki’s Lear (LEA) Form 4 transaction an open-market buy or sell?

The Form 4 shows a derivative exercise, not an open-market buy or sell. Fifty-three deferred stock units converted into 53 common shares at a reported per-share price of $0.00, consistent with a compensation-related conversion under Lear’s Outside Directors Compensation Plan.

What does the twenty-sixth quarterly installment mean for Lear (LEA) director Ligocki?

The filing states this conversion represents the twenty-sixth quarterly installment of deferred stock units. This indicates a long-running deferral election, where compensation has been systematically accrued as units and periodically converted into Lear common stock over multiple years.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/01/2026 - 09:38 AM Learn about SEC filing dates

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)
04/01/2026

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
Common Stock	04/01/2026		M(1)		53	A	$0	3,890	D

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
Deferred Stock Units	(2)	04/01/2026		M			53	(3)	(3)	Common Stock	53	$0	16,604	D

Explanation of Responses:

1. Conversion of twenty-sixth quarterly installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.

2. Each deferred stock unit is equal in value to one share of Lear Corporation common stock.

3. The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.

	/s/ Jacqlyn Waite, as Attorney in-Fact	04/01/2026
	** 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)