Lear Corporation insider granted 2,434 Career Share RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kemp Harry Albert
Role
SVP & Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,434 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,434 shares (Direct)
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 did Lear (LEA) disclose in this Form 4 filing?
Lear reported that its SVP & Chief Administrative Officer received 2,434 restricted stock units (RSUs) in a transaction dated 11/19/2025.
How many Lear (LEA) restricted stock units were granted in this transaction?
The filing shows a grant of 2,434 restricted stock units, described as "Career Share" RSUs tied to Lear common stock.
What does 1-for-1 conversion mean for Lear (LEA) RSUs?
Each restricted stock unit is convertible into one share of Lear common stock on a 1-for-1 basis, subject to vesting and other conditions.