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Lear (NYSE: LEA) director adds shares via RSU vesting and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lear Corporation director Patricia L. Lewis reported routine equity compensation activity. On May 14, 2026, previously granted restricted stock units covering 1,859 shares vested and were converted into the same number of shares of common stock. On the same date, she received a new grant of 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan, each unit convertible into one share of common stock. Following these transactions, she holds 7,386 shares of common stock directly, plus 1,330 restricted stock units that will vest on the earlier of the first anniversary of the grant or the next annual stockholders’ meeting.

Positive

  • None.

Negative

  • None.
Insider LEWIS PATRICIA L
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,859 $0.00 --
Grant/Award Restricted Stock Units 1,330 $0.00 --
Exercise Common Stock 1,859 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 7,386 shares (Direct, null)
Footnotes (1)
  1. The restricted stock units vested and settled in common stock on May 14, 2026. Each restricted stock unit is convertible into common stock on a 1-for-1 basis. 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 and settle in common stock 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.
RSUs vested 1,859 shares Restricted stock units converted to common stock on May 14, 2026
New RSU grant 1,330 units Restricted stock units granted on May 14, 2026
Common shares held after 7,386 shares Direct Lear common stock holdings following transactions
RSUs outstanding after 1,330 units Restricted stock units remaining after vesting and new grant
Exercise price $0.00 per share Reported price for RSU-related derivative exercises
Restricted Stock Units financial
"The restricted stock units vested and settled in common stock on May 14, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Long Term Stock Incentive Plan financial
"The restricted stock units were granted on May 14, 2026, under the Lear Corporation 2019 Long Term Stock Incentive Plan."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LEWIS PATRICIA L
(Last)(First)(Middle)
21557 TELEGRAPH ROAD
(Street)
SOUTHFIELD MICHIGAN 48033
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
LEAR CORP [ LEA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026M1,859A$0(1)7,386D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)05/14/2026M1,859 (1) (1)Common Stock1,859$00D
Restricted Stock Units(2)05/14/2026A1,330 (3) (3)Common Stock1,330$01,330D
Explanation of Responses:
1. The restricted stock units vested and settled in common stock on May 14, 2026.
2. Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
3. 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 and settle in common stock 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.
/s/ Jacqlyn Waite, as Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Lear (LEA) director Patricia L. Lewis report in this Form 4?

Patricia L. Lewis reported equity compensation activity, including vesting of 1,859 restricted stock units into common shares and a new grant of 1,330 restricted stock units, all recorded as acquisitions rather than open-market trades.

How many Lear (LEA) shares did Patricia L. Lewis acquire through vesting?

Previously granted restricted stock units covering 1,859 shares vested and settled into 1,859 shares of Lear common stock on May 14, 2026. This reflects an exercise or conversion of a derivative award, not an open-market stock purchase.

What new equity award did Patricia L. Lewis receive from Lear (LEA)?

She received a grant of 1,330 restricted stock units on May 14, 2026 under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each unit is convertible into one share of common stock upon vesting, providing additional equity-based compensation.

When will Patricia L. Lewis’s new Lear (LEA) RSUs vest?

The 1,330 restricted stock units vest and settle in common stock on the earlier of the first anniversary of the May 14, 2026 grant date or the date of the next annual meeting of stockholders following that grant, according to the plan terms.

How many Lear (LEA) common shares does Patricia L. Lewis hold after these transactions?

After the reported transactions, Patricia L. Lewis directly holds 7,386 shares of Lear common stock. She also has 1,330 restricted stock units outstanding, which represent additional potential shares once they vest and settle in common stock.

Were there any open-market purchases or sales by Patricia L. Lewis in this Lear (LEA) filing?

No open-market purchases or sales were reported. The Form 4 shows only equity compensation-related events: vesting and conversion of 1,859 restricted stock units into shares and a new grant of 1,330 restricted stock units, all coded as acquisitions.