Lear Corp (LEA) SVP Jacqlyn Waite discloses RSU grant and stock tax withholding
Rhea-AI Filing Summary
Lear Corporation executive Jacqlyn Waite reported equity compensation activity and a new award of restricted stock units. As Senior Vice President & Chief Administrative Officer of Lear Corp (LEA), she received 7,102 restricted stock units on January 2, 2026, each convertible into one share of common stock. These units are scheduled to vest in three equal installments on January 4, 2027, January 4, 2028, and January 4, 2029.
On January 4, 2026, a prior grant of restricted stock units from January 3, 2023 vested in full and was settled in 4,254 shares of common stock at an exercise price of $0. To cover tax withholding, 1,937 shares were withheld by the company at a price of $118.61 per share. After these transactions, Waite directly owned 17,594 shares of Lear common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,254 | $0.00 | -- |
| Exercise | Common Stock | 4,254 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,937 | $118.61 | $230K |
| Grant/Award | Restricted Stock Units | 7,102 | $0.00 | -- |
Footnotes (1)
- The restricted stock units vested on January 4, 2026 and were settled in common stock. Shares withheld by the Company to satisfy tax withholding requirements. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on January 2, 2026. One-third of the restricted stock units vest on January 4, 2027; one-third of the restricted stock units vest on January 4, 2028 and the remaining one-third of the restricted stock units vest on January 4, 2029. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units were granted on January 3, 2023 and vested in full on January 4, 2026.
FAQ
What insider transaction did LEAR CORP (LEA) report for Jacqlyn Waite?
The report shows that Jacqlyn Waite, Senior Vice President & Chief Administrative Officer of Lear Corp, had a prior restricted stock unit grant vest into common stock, had shares withheld to cover taxes, and received a new grant of restricted stock units.
How many Lear (LEA) restricted stock units were newly granted to Jacqlyn Waite?
On January 2, 2026, Jacqlyn Waite was granted 7,102 restricted stock units, each convertible into one share of Lear common stock, with a three-year vesting schedule.
What are the vesting dates for the new LEA restricted stock units granted to Jacqlyn Waite?
The filing states that one-third of the 7,102 restricted stock units vest on January 4, 2027, one-third on January 4, 2028, and the remaining one-third on January 4, 2029.
What role does Jacqlyn Waite hold at Lear Corporation (LEA) in this insider report?
In the filing, Jacqlyn Waite is identified as an Officer of Lear Corp, serving as Senior Vice President & Chief Administrative Officer, and the Form 4 is filed as a single reporting person.