Were Jason Cardew’s Lear Corp (LEA) share sales discretionary?

The filing states the transactions were executed under a Rule 10b5-1 trading plan adopted March 2, 2026. This plan became effective after the required cooling-off period, and Cardew did not exercise discretion over the timing or details of the June 2026 sales.

Lear Corp (LEA) CFO sells 9,500 shares under Rule 10b5-1 trading plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Lear Corp SVP and CFO Jason M. Cardew sold 9,500 shares of common stock in open-market transactions under a pre-arranged Rule 10b5-1 trading plan. On June 1, 2026, he sold 4,500 shares at prices of $141.14 per share. On June 2, 2026, he sold 5,000 shares at prices of $145.00 and $150.00 per share. After these sales, Cardew directly holds 13,241 Lear shares. The filing notes that the trading plan was adopted on March 2, 2026 and became effective after the required cooling-off period, with Cardew exercising no discretion over the timing of these trades.

Insider Trade Summary 10b5-1

Net Seller: 9,500 shares ($1,372,630)

Net Sell 4 txns

Insider Cardew Jason M

Role SVP and CFO

Sold 9,500 shs ($1.37M)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,500	$145.00	$363K
Sale	Common Stock	2,500	$150.00	$375K
Sale	Common Stock	2,500	$141.14	$353K
Sale	Common Stock	2,000	$141.14	$282K

Holdings After Transaction: Common Stock — 15,741 shares (Direct, null)

Footnotes (1)

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Key Figures

Total shares sold: 9,500 shares Sale price 1: $141.14 per share Sale price 2: $145.00 per share +3 more

6 metrics

Total shares sold 9,500 shares Net shares sold across four open-market transactions in June 2026

Sale price 1 $141.14 per share Common stock sales on June 1, 2026

Sale price 2 $145.00 per share Common stock sale on June 2, 2026

Sale price 3 $150.00 per share Common stock sale on June 2, 2026

Shares held after transactions 13,241 shares Direct Lear common stock ownership after reported sales

Plan adoption date March 2, 2026 Date CFO adopted Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, open-market sale, cooling-off period, Form 4

4 terms

Rule 10b5-1 trading plan regulatory

"The reported transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

cooling-off period regulatory

"became effective following the applicable cooling-off period"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 08:51 AM

SEC Form 4

FORM 4

UNITED 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^*

Cardew Jason M

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		S⁽¹⁾		2,500	D	$141.14	20,241	D
Common Stock	06/01/2026		S⁽¹⁾		2,000	D	$141.14	18,241	D
Common Stock	06/02/2026		S⁽¹⁾		2,500	D	$145	15,741	D
Common Stock	06/02/2026		S⁽¹⁾		2,500	D	$150	13,241	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026, which provides for pre-arranged transactions and became effective following the applicable cooling-off period. The reporting person did not exercise any discretion over these transactions.

	/s/ Katherine Clark, as Attorney-in-Fact	06/03/2026
	** Signature of Reporting Person	Date
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 Corp (LEA) CFO Jason Cardew report in this Form 4?

Lear Corp SVP and CFO Jason M. Cardew reported selling 9,500 shares of common stock in open-market transactions. These trades occurred on June 1 and June 2, 2026 at prices between $141.14 and $150.00 per share under a pre-arranged Rule 10b5-1 plan.

How many Lear Corp (LEA) shares did the CFO sell and at what prices?

Jason Cardew sold a total of 9,500 Lear shares. He sold 4,500 shares at $141.14 on June 1, 2026, then 2,500 shares at $145.00 and 2,500 shares at $150.00 on June 2, 2026, all as open-market transactions.

How many Lear Corp (LEA) shares does the CFO hold after these sales?

Following the reported transactions, Jason Cardew directly holds 13,241 shares of Lear common stock. This figure reflects his position after completing the 9,500-share open-market sales executed under his Rule 10b5-1 trading plan in early June 2026.

On what dates did the Lear Corp (LEA) CFO execute these stock sales?

Jason Cardew’s reported stock sales took place on June 1, 2026 and June 2, 2026. Across those two days, he completed four open-market transactions in Lear common stock pursuant to a previously adopted Rule 10b5-1 trading plan.