LEAR CORP (LEA) officer granted 973 Career Share RSUs
LEAR CORP (LEA) reported an equity award to one of its officers on a Form 4.
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Rhea-AI Filing Summary
LEAR CORP (LEA) reported an equity award to one of its officers on a Form 4. The reporting person, who serves as VP, Treasurer and Head of Investor Relations, received 973 restricted stock units on 11/19/2025.
Each restricted stock unit represents the right to receive one share of Lear common stock. These are designated as “Career Share” RSUs, which vest on the third anniversary of the grant date. However, they are not converted into common shares until or after the officer reaches age 62 or experiences a qualifying retirement, and they may be forfeited if the officer leaves voluntarily before meeting retirement eligibility requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 973 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- F2. These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
FAQ
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What insider transaction did LEAR CORP (LEA) report on this Form 4?
Who is the reporting person in the LEAR CORP (LEA) Form 4 filing?
What type of equity award did the LEAR CORP (LEA) officer receive?
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