Lear director granted 1,330 restricted stock units
Lache Rod reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,330 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
- F2. 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.
Key Figures
Key Terms
Restricted Stock Units financial
Long Term Stock Incentive Plan financial
Outside Directors Compensation Plan financial
change in control financial
FAQ
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What did LEAR CORP director Rod Lache report in this Form 4?
How many Lear (LEA) restricted stock units were granted to Rod Lache?
When do Rod Lache’s LEA restricted stock units vest?
What plans govern Rod Lache’s LEA restricted stock unit grant and deferral?
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