Lear (LEA) EVP Frank Orsini sells 5,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEAR CORP executive Frank C. Orsini, EVP and President, Seating, sold 5,000 shares of Common Stock in an open-market transaction at $148.50 per share. After this sale, he directly owns 11,795 Lear shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($742,500)
Net Sell
1 txn
Insider
Orsini Frank C
Role
EVP and President, Seating
Sold
5,000 shs ($743K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $148.50 | $743K |
Holdings After Transaction:
Common Stock — 11,795 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price: $148.50 per share
Shares owned after sale: 11,795 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale by Frank C. Orsini
Sale price
$148.50 per share
Price for the 5,000-share sale
Shares owned after sale
11,795 shares
Direct holdings following transaction
Net shares sold
5,000 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, Common Stock, Form 4, Executive Vice President
4 terms
open-market sale financial
"reported an open-market sale of 5,000 Lear common shares"
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.
Common Stock financial
"sold 5,000 shares of Common Stock in an open-market transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 financial
"transaction occurred at a price of $148.50 per share, and was disclosed on a 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.
Executive Vice President financial
"Frank C. Orsini serves as Executive Vice President and President, Seating at Lear"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What insider transaction did LEAR CORP (LEA) report for Frank C. Orsini?
Frank C. Orsini reported an open-market sale of 5,000 Lear common shares. The transaction occurred at a price of $148.50 per share, and was disclosed on a Form 4 insider trading report.
What role does Frank C. Orsini hold at LEAR CORP (LEA)?
Frank C. Orsini serves as Executive Vice President and President, Seating at Lear. His position is identified in the Form 4 filing, linking the reported stock transaction to a senior company officer.
Was the LEAR (LEA) insider transaction a buy or sell by Frank C. Orsini?
The transaction was a sale by Frank C. Orsini. The Form 4 records an open-market sale of 5,000 shares of Lear common stock, identified with transaction code S for a selling transaction.