Lear Corp (LEA) officer discloses new 1,800 RSU grant and share withholding
Rhea-AI Filing Summary
LEAR Corp executive Jacqlyn Waite reported equity compensation activity and related share withholding. On January 2, 2026, she received a grant of 1,800 restricted stock units (RSUs), each convertible into one share of common stock, with one-third scheduled to vest on January 4 in each of 2027, 2028 and 2029. On January 4, 2026, previously granted RSUs from 2023, 2024 and 2025 vested and were settled in common stock, resulting in multiple acquisitions of shares at a stated price of $0 per share and corresponding tax-withholding transactions at $118.61 per share. After the reported transactions, Waite directly held a modest number of LEAR common shares, reflecting routine executive compensation and tax withholding mechanics rather than open-market buying or selling.
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FAQ
What insider transaction did LEA report for Jacqlyn Waite on this Form 4?
The filing reports equity compensation activity for LEAR Corp officer Jacqlyn Waite, including the grant and vesting of restricted stock units and related share withholding to cover taxes.
How many restricted stock units were granted to the LEA executive in January 2026?
On January 2, 2026, Jacqlyn Waite received a grant of 1,800 restricted stock units, each convertible into one share of LEAR Corp common stock on a 1-for-1 basis.
What is the vesting schedule for the new 1,800 LEA restricted stock units?
The 1,800 restricted stock units granted on January 2, 2026 vest in three equal installments: one-third on January 4, 2027, one-third on January 4, 2028 and the remaining one-third on January 4, 2029.
Were LEA shares sold into the market or withheld for taxes on this Form 4?
The filing states that some shares were withheld by the company to satisfy tax withholding requirements, reported with transaction code F at a price of $118.61 per share, rather than discretionary sales in the open market.
What happened to earlier LEA restricted stock unit awards reported here?
Restricted stock units granted in 2023, 2024 and 2025 vested on January 4, 2026 and were settled in common stock, with one-third of each award vesting on that date according to the stated schedules.
Does this LEA Form 4 indicate a change in the executives role or ownership type?
The report confirms Jacqlyn Waite as an officer of LEAR Corp, serving as VP, Treasury & Head of Investor Relations, and shows that the reported holdings are in direct ownership form.