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Lear Corp (LEA) director granted 1,330 deferred restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lache Rod reported acquisition or exercise transactions in this Form 4 filing.

LEAR CORP director Rod Lache received a grant of 1,330 restricted stock units. These units were awarded on May 14, 2026 under the Lear Corporation 2019 Long Term Stock Incentive Plan and are convertible into common stock on a 1-for-1 basis.

The restricted stock units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant date. Settlement of the units has been deferred under the Lear Corporation Outside Directors Compensation Plan until the earlier of Mr. Lache’s retirement as a director, a change in control of Lear Corporation, or February 20, 2029.

Positive

  • None.

Negative

  • None.
Insider Lache Rod
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,330 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,330 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit is convertible into common stock on a 1-for-1 basis. The restricted stock units were granted on May 14, 2026 under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Mr. Lache's retirement as a director of Lear Corporation, a change in control of Lear Corporation, or February 20, 2029.
RSUs granted 1,330 units Restricted stock units granted on May 14, 2026
RSUs after transaction 1,330 units Total restricted stock units held after this grant
Conversion ratio 1-for-1 Each restricted stock unit into one share of common stock
Latest settlement date February 20, 2029 Deferred settlement deadline under Outside Directors Compensation Plan
Restricted Stock Units financial
"Each restricted stock unit is convertible into common stock on a 1-for-1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long Term Stock Incentive Plan financial
"granted on May 14, 2026 under the Lear Corporation 2019 Long Term Stock Incentive Plan."
Outside Directors Compensation Plan financial
"deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Mr. Lache's retirement"
change in control financial
"until the earlier of Mr. Lache's retirement as a director of Lear Corporation, a change in control of Lear Corporation, or February 20, 2029."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Lache Rod
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/14/2026A1,330 (2) (2)Common Stock1,330$01,330D
Explanation of Responses:
1. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
2. The restricted stock units were granted on May 14, 2026 under the Lear Corporation 2019 Long Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Mr. Lache's retirement as a director of Lear Corporation, a change in control of Lear Corporation, or February 20, 2029.
/s/ Jacqlyn Waite, as Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did LEAR CORP director Rod Lache report in this Form 4?

Director Rod Lache reported receiving a grant of 1,330 restricted stock units. These units were awarded as equity compensation under the Lear Corporation 2019 Long Term Stock Incentive Plan and are convertible into an equal number of shares of common stock on a 1-for-1 basis.

How many Lear (LEA) restricted stock units were granted to Rod Lache?

Rod Lache was granted 1,330 restricted stock units. Each unit represents the right to receive one share of Lear common stock in the future, subject to vesting and deferred settlement conditions described in the company’s equity and outside director compensation plans.

When do Rod Lache’s LEA restricted stock units vest?

The restricted stock units vest on the earlier of the first anniversary of the May 14, 2026 grant date or the next annual meeting of stockholders. This structure ties vesting either to a one-year service period or to the timing of the subsequent annual shareholder meeting.

When will Rod Lache receive Lear (LEA) shares from these restricted stock units?

Settlement of the restricted stock units has been deferred until the earlier of his retirement as a director, a change in control of Lear Corporation, or February 20, 2029. At that time, each vested unit converts into one share of Lear common stock.

What plans govern Rod Lache’s LEA restricted stock unit grant and deferral?

The grant was made under the Lear Corporation 2019 Long Term Stock Incentive Plan. Settlement deferral is pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, which specifies when vested units convert into common stock.