Lear Corp (LEA) director reports dividend reinvestment share purchase in Form 5
Rhea-AI Filing Summary
LEAR CORP (LEA) director Form 5 filing shows routine share accumulation through a dividend reinvestment plan. On 03/26/2025, the reporting person acquired 77.869 shares of common stock at a price of $95.88 per share under the company’s dividend reinvestment plan. After this purchase, the director beneficially owned a total of 11,111.869 shares of Lear common stock in direct ownership. The filing notes that the reporting person ceased using the dividend reinvestment feature after this transaction.
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FAQ
What does the LEAR CORP (LEA) Form 5 filing report?
The Form 5 for LEAR CORP (LEA) reports an annual update of a director’s beneficial ownership, including a small share purchase made through a dividend reinvestment plan and the total shares owned at the end of the fiscal year.
How many LEAR CORP (LEA) shares did the director acquire in this Form 5?
The director acquired 77.869 shares of LEAR CORP common stock on 03/26/2025 through a dividend reinvestment plan at a price of $95.88 per share.
What is the director’s total beneficial ownership of LEAR CORP (LEA) shares?
Following the reported transaction, the director beneficially owned 11,111.869 shares of LEAR CORP common stock in direct ownership as of the end of the issuer’s fiscal year.
What is the relationship of the reporting person to LEAR CORP (LEA)?
The reporting person is a director of LEAR CORP, as indicated in the Form 5 under the relationship section.
Why was the LEAR CORP (LEA) share purchase made through a dividend reinvestment plan?
The filing explains that the 77.869 shares were purchased pursuant to a dividend reinvestment plan, where dividends are automatically used to buy additional shares instead of being paid in cash.
Did the director continue using the dividend reinvestment plan after this LEAR CORP (LEA) purchase?
No. The remarks state that the reporting person ceased using the dividend reinvestment feature after this purchase, meaning future dividends will no longer be reinvested under that plan.
Does this LEAR CORP (LEA) Form 5 include any derivative securities?
No derivative securities are reported. The section for derivative securities shows no acquired or disposed instruments, indicating only common stock activity is disclosed in this filing.