Lear CFO sells 9,500 shares under 10b5-1 plan
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.
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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
| 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 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
cooling-off period regulatory
Form 4 regulatory
FAQ
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What did Lear Corp (LEA) CFO Jason Cardew report in this Form 4?
On what dates did the Lear Corp (LEA) CFO execute these stock sales?
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