Lear Corp insider award: 8,275 RSUs to CEO and director
Rhea-AI Filing Summary
Lear Corporation reported an equity award to its President and CEO, who also serves as a director. On 11/19/2025, the executive acquired 8,275 restricted stock units (RSUs), each convertible into one share of Lear common stock. These are designated as “Career Share” RSUs.
The Career Share RSUs vest on the third anniversary of the grant date, but they are not converted into common shares until or after the executive reaches age 62 or experiences a qualifying retirement. The units remain subject to forfeiture if the executive voluntarily leaves the company before meeting retirement eligibility requirements. The RSUs are reported as derivative securities with a price of $0 and are held directly by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,275 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. These "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into shares of common stock until or after age 62 or a qualifying retirement and remain subject to forfeiture for a voluntary termination prior to meeting retirement eligibility requirements.
FAQ
What insider transaction did Lear Corp (LEA) report in this Form 4?
Lear Corp reported that its President and CEO, who is also a director, acquired 8,275 restricted stock units (RSUs) on 11/19/2025 as part of an equity award.
What is the exercise or conversion price of the reported Lear (LEA) RSUs?
The reported restricted stock units are shown with a price of $0, reflecting that no cash exercise price is required for conversion into Lear common shares.
How many derivative securities does the Lear (LEA) CEO beneficially own after this transaction?
Following the reported transaction, the executive beneficially owns 8,275 restricted stock units directly.