Lear (NYSE: LEA) SVP reports equity grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lear Corporation executive Nicholas Jon Roelli reported equity compensation activity. On February 12, 2026, he acquired 3,655 shares of Lear common stock at $0 per share from the settlement of performance shares granted under the company’s long-term stock incentive plan.
On the same date, 1,594 shares were disposed of at $136.73 per share, with the shares withheld by Lear to cover tax withholding obligations. After these transactions, Roelli directly beneficially owned 4,675 shares of Lear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Roelli Nicholas Jon
Role
SVP and President, E-Systems
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,655 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,594 | $136.73 | $218K |
Holdings After Transaction:
Common Stock — 6,269 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 Corp (LEA) report for Nicholas Jon Roelli?
Lear Corp reported that executive Nicholas Jon Roelli received 3,655 shares of common stock through a performance share settlement. On the same day, 1,594 shares were withheld by the company to satisfy tax obligations related to this equity compensation.
What role does Nicholas Jon Roelli hold at Lear Corp (LEA)?
Nicholas Jon Roelli is identified as an officer of Lear Corporation, serving as Senior Vice President and President, E-Systems. The reported equity transactions relate to his compensation under Lear’s long-term stock incentive arrangements for senior leadership.
Are the Lear Corp (LEA) Form 4 transactions open-market buys or sells?
The transactions are not open-market trades. The 3,655 shares were acquired as a grant or award from a performance share settlement, while the 1,594-share disposition reflects shares withheld by the company solely to cover tax withholding obligations.