LEAR Corp (LEA) EVP Jacqlyn Waite discloses RSU grant, vesting and tax share withholding
Rhea-AI Filing Summary
LEAR Corp executive Jacqlyn Waite reported equity compensation and related share movements. As EVP and President, Seating, she received 12,899 restricted stock units on January 2, 2026, each convertible into one share of common stock, with one-third vesting on January 4, 2027, one-third on January 4, 2028, and the final third on January 4, 2029.
Previously granted restricted stock units from January 3, 2023 fully vested on January 4, 2026, resulting in the acquisition of 8,103 shares of common stock at a stated price of $0. On the same date, 3,615 shares were withheld by the company at $118.61 per share to satisfy tax withholding requirements. After these transactions, Waite directly beneficially owned 19,273 shares of common stock and 12,899 restricted stock units.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did LEAR Corp (LEA) report for Jacqlyn Waite?
LEAR Corp reported that Jacqlyn Waite, EVP and President, Seating, acquired 8,103 shares of common stock upon vesting of restricted stock units on January 4, 2026, and had 3,615 shares withheld to cover tax obligations.
How many LEAR Corp (LEA) shares does Jacqlyn Waite own after these transactions?
Following the reported transactions, Jacqlyn Waite directly beneficially owned 19,273 shares of LEAR Corp common stock and held 12,899 restricted stock units.
What restricted stock units were granted to Jacqlyn Waite by LEAR Corp (LEA) in 2026?
On January 2, 2026, LEAR Corp granted 12,899 restricted stock units to Jacqlyn Waite, each convertible into one share of common stock, vesting in three equal installments on January 4, 2027, January 4, 2028, and January 4, 2029.
What was the purpose of the LEAR Corp (LEA) share withholding on January 4, 2026?
On January 4, 2026, 3,615 shares of LEAR Corp common stock were withheld at $118.61 per share to satisfy tax withholding requirements related to the vesting of restricted stock units.
What prior LEAR Corp (LEA) restricted stock grant vested for Jacqlyn Waite in 2026?
Restricted stock units granted to Jacqlyn Waite on January 3, 2023 vested in full on January 4, 2026, resulting in the acquisition of 8,103 shares of common stock.
What is the conversion ratio of Jacqlyn Waite’s LEAR Corp (LEA) restricted stock units?
Each of Jacqlyn Waite’s restricted stock units reported in this filing is convertible into one share of LEAR Corp common stock on a 1-for-1 basis.