Lear CFO reports equity award and tax share withholding
Lear Corporation senior vice president and CFO Jason M. Cardew reported equity award activity involving the company’s common stock.
Rhea-AI Filing Summary
Lear Corporation senior vice president and CFO Jason M. Cardew reported equity award activity involving the company’s common stock. On February 12, 2026, he acquired 23,067 shares of common stock at $0 per share as a grant described as the settlement of non-derivative performance shares for a three-year performance period under Lear’s long‑term stock incentive plan.
On the same date, 10,058 shares were disposed of at $136.73 per share, with the filing explaining these shares were withheld by Lear to satisfy tax withholding requirements related to the award. After these transactions, Cardew directly beneficially owned 32,741 shares of Lear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,067 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,058 | $136.73 | $1.38M |
Footnotes (2)
- F1. 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).
- F2. Shares withheld by the Company to satisfy tax withholding requirements.
FAQ
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What insider transactions did LEAR CORP (LEA) CFO Jason M. Cardew report on February 12, 2026?
What role does Jason M. Cardew hold at LEAR CORP (LEA) according to the Form 4 filing?
Does Jason M. Cardew’s Form 4 for LEAR CORP (LEA) involve any derivative securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.