Lear Corp (LEA) director settles 53 deferred stock units into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lear Corporation director equity report: A company director converted 53 deferred stock units into 53 shares of Lear Corporation common stock on 01/01/2026 at a stated price of $0 per share. These units were part of the Lear Corporation Outside Directors Compensation Plan and were converted according to the director’s prior deferral election.
Following this transaction, the director directly owns 3,837 shares of Lear common stock and continues to hold 16,657 deferred stock units, each equal in value to one share of Lear common stock. The transaction reflects routine settlement of director compensation rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
53 shares exercised/converted
Mixed
2 txns
Insider
LIGOCKI KATHLEEN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 53 | $0.00 | -- |
| Exercise | Common Stock | 53 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 16,657 shares (Direct);
Common Stock — 3,837 shares (Direct)
Footnotes (1)
- Conversion of twenty-fifth 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. Each deferred stock unit is equal in value to one share of Lear Corporation common stock. 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.
FAQ
What insider transaction did Lear Corp (LEA) report in this Form 4?
A Lear Corporation director converted 53 deferred stock units into 53 shares of Lear common stock on 01/01/2026 under the Outside Directors Compensation Plan.
How many deferred stock units does the Lear Corp (LEA) director still hold?
The director continues to beneficially own 16,657 deferred stock units, each equal in value to one share of Lear Corporation common stock.
What is the Lear Corp (LEA) Outside Directors Compensation Plan mentioned?
It is a plan under which outside directors accrue deferred stock units, which are generally paid out in Lear common shares according to the director’s deferral election.
Was this Lear Corp (LEA) Form 4 filed for one reporting person or multiple?
The Form 4 was indicated as filed by one reporting person, reflecting the holdings and transaction of a single director.