[Form 4] LEAR CORP Insider Trading Activity
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.
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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 are the key terms of the 8,275 Career Share RSUs at Lear (LEA)?
The 8,275 Career Share RSUs vest on the third anniversary of the grant date and are convertible into Lear common stock on a 1-for-1 basis.
When can the Lear (LEA) CEO’s Career Share RSUs be converted into common stock?
The Career Share RSUs are not converted into common stock until or after the executive reaches age 62 or has a qualifying retirement, according to the award terms.
Are the Career Share RSUs at Lear (LEA) subject to forfeiture?
Yes. The Career Share RSUs remain subject to forfeiture if the executive voluntarily terminates employment before meeting the specified retirement eligibility requirements.
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.