Lear (LEA) Form 4: 2,434 Career Share RSUs to SVP Executive
Lear Corporation (LEA) filed a Form 4 reporting an equity grant to a senior executive.
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Rhea-AI Filing Summary
Lear Corporation (LEA) filed a Form 4 reporting an equity grant to a senior executive. The reporting person, an officer serving as SVP & Chief Administrative Officer, received 2,434 restricted stock units (RSUs) on 11/19/2025.
Each RSU is convertible into one share of Lear common stock on a 1-for-1 basis. These specific "Career Share" RSUs vest on the third anniversary of the grant date but are not converted into common shares until or after the holder reaches age 62 or experiences a qualifying retirement. The units remain subject to forfeiture if there is a voluntary termination before meeting retirement eligibility requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,434 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- F2. 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
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What did Lear (LEA) disclose in this Form 4 filing?
How many Lear (LEA) restricted stock units were granted in this transaction?
What does 1-for-1 conversion mean for Lear (LEA) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.