Lear (LEA) SVP receives 12,110-share award, 5,281 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lear Corporation executive Harry Albert Kemp reported equity award activity. On February 12, 2026, he acquired 12,110 shares of common stock at $0 per share from settlement of performance shares under Lear’s long-term incentive plan. On the same date, 5,281 shares were withheld at $136.73 per share to cover tax obligations. After these transactions, Kemp directly owned 24,423 Lear common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kemp Harry Albert
Role
SVP & Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,110 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,281 | $136.73 | $722K |
Holdings After Transaction:
Common Stock — 29,704 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 Harry Albert Kemp?
Harry Albert Kemp reported an equity award settlement and related tax withholding. He received 12,110 Lear common shares at $0 from performance shares, and 5,281 shares were withheld at $136.73 to satisfy tax obligations, leaving him with 24,423 directly owned shares.
Was the LEAR CORP (LEA) Form 4 a stock purchase or sale by the executive?
The Form 4 shows an equity award settlement rather than an open-market trade. Kemp acquired 12,110 shares at $0 from performance shares and had 5,281 shares withheld for taxes, resulting in 24,423 Lear common shares held directly afterward.
What transaction codes appear in the LEAR CORP (LEA) Form 4 for Harry Albert Kemp?
The filing lists code A for the 12,110-share acquisition, described as a grant, award, or other acquisition. It also lists code F for 5,281 shares withheld, indicating payment of tax liability by delivering or retaining securities rather than cash.