Lear director converts 53 deferred units to shares

LEAR CORP director Kathleen Ligocki reported a routine equity compensation transaction involving deferred stock units.

Rhea-AI Filing Summary

LEAR CORP director Kathleen Ligocki reported a routine equity compensation transaction involving deferred stock units. She converted 53 deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into 53 shares of Lear common stock pursuant to a prior deferral election.

Each deferred stock unit is equal in value to one share of Lear common stock. After this conversion, Ligocki directly holds 3,943 shares of common stock and 18,410 deferred stock units, reflecting continued equity-based compensation rather than an open-market purchase or sale.

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 — 18,410 contracts (Direct); Common Stock — 3,943 shares (Direct)

Footnotes (3)

1. F1. Conversion of twenty-seventh 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 units converted: 53 units Shares acquired via conversion: 53 shares Common shares held after: 3,943 shares +2 more

5 metrics

Deferred units converted 53 units Converted into 53 shares of common stock

Shares acquired via conversion 53 shares Common stock received from deferred stock units

Common shares held after 3,943 shares Direct holdings following the reported transaction

Deferred stock units held after 18,410 units Accrued under Outside Directors Compensation Plan

Derivative exercises 1 transaction, 53 shares Exercise or conversion of derivative security (code M)

Key Terms

Deferred Stock Units, Lear Corporation Outside Directors Compensation Plan, deferral election

3 terms

Deferred Stock Units financial

"The filing lists "Deferred Stock Units" as a derivative security."

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.

Lear Corporation Outside Directors Compensation Plan financial

"Units accrued under the Lear Corporation Outside Directors Compensation Plan."

deferral election financial

"Conversion occurred pursuant to the Reporting Person's deferral election."

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 converting 53 deferred stock units into 53 shares of LEAR CORP common stock. The units accrued under the Outside Directors Compensation Plan and were converted according to her prior deferral election, reflecting routine equity compensation rather than open-market trading.

How many LEAR CORP common shares does Kathleen Ligocki hold after this Form 4?

After the reported transaction, Kathleen Ligocki holds 3,943 shares of LEAR CORP common stock directly. This figure reflects her position following the conversion of 53 deferred stock units into an equal number of common shares under the directors’ compensation plan.

What are deferred stock units in the LEAR CORP directors compensation plan?

Deferred stock units are equity-based awards where each unit equals the value of one LEAR CORP common share. Under the Outside Directors Compensation Plan, these units accrue and are generally paid out later in actual shares, according to the director’s deferral election terms.

How many deferred stock units does Kathleen Ligocki hold after this LEA filing?

Following the transaction, Kathleen Ligocki holds 18,410 deferred stock units. These units were accrued under the Lear Corporation Outside Directors Compensation Plan and are generally payable in shares of common stock, consistent with her deferral election arrangements as described in the filing footnotes.

Was the LEAR CORP Form 4 transaction a market buy or sell of shares?

No, the Form 4 does not report an open-market buy or sell. It shows an exercise or conversion of 53 deferred stock units into 53 common shares under a compensation plan, categorized as a derivative exercise rather than a discretionary market transaction.

What does the Form 4 say about the value relationship between LEA deferred stock units and shares?

The Form 4 states that each deferred stock unit is equal in value to one share of Lear Corporation common stock. This one-to-one value relationship explains why 53 deferred stock units converted into 53 common shares in the reported transaction.

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

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Accepted by SEC EDGAR 07/02/2026 - 12:29 PM 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)
07/01/2026

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	07/01/2026		M(1)		53	A	$0	3,943	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)	07/01/2026		M			53	(3)	(3)	Common Stock	53	$0	18,410	D

Explanation of Responses:

1. Conversion of twenty-seventh 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/ Katherine Clark, as Attorney in-Fact	07/02/2026
	** 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)