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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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.
How many Lear (LEA) shares did Jacqlyn Waite receive upon RSU vesting and how many were withheld for taxes?
When the January 3, 2023 restricted stock units vested on January 4, 2026, they were settled in 4,254 shares of Lear common stock at an exercise price of $0. Of these, 1,937 shares were withheld by the company to satisfy tax withholding requirements at $118.61 per share.
How many Lear (LEA) shares does Jacqlyn Waite own after the reported transactions?
After the January 4, 2026 transactions, the Form 4 shows that Jacqlyn Waite beneficially owned 17,594 shares of Lear common stock, held directly.
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.