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Lear Corporation director Roger A. Krone reported routine equity compensation activity. On May 14, 2026, restricted stock units vested and were converted into 1,859 shares of common stock, increasing his direct common stock holdings to 4,039 shares.
On the same date, he received a new grant of 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each restricted stock unit converts into one share of common stock and will vest and settle on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant date.
LEAR CORP director Greg C. Smith reported routine equity compensation activity. On May 14, 2026, 3,134 restricted stock units vested and were converted into 3,134 shares of common stock, increasing his direct holdings to 5,389 common shares.
On the same date, he received a new grant of 2,194 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan, each convertible into common stock on a 1-for-1 basis and scheduled to vest on the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Separately, 13,891 common shares are held by the Ann Cournoyer Smith Irrevocable Trust for the benefit of his children; he serves as trustee and disclaims beneficial ownership of those trust shares.
LEAR CORP director Mary Lou Jepsen reported equity compensation changes involving restricted stock units (RSUs). On May 14, 2026, previously granted RSUs vested and were exercised into 1,859 shares of Common Stock, increasing her direct stock holdings to 12,970.869 shares.
On the same date, she received a new grant of 1,330 RSUs under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each RSU is convertible into one share of common stock and will vest and settle on the earlier of the first anniversary of the grant or the next annual stockholders’ meeting.
Lear Corporation director Patricia L. Lewis reported routine equity compensation activity. On May 14, 2026, previously granted restricted stock units covering 1,859 shares vested and were converted into the same number of shares of common stock. On the same date, she received a new grant of 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan, each unit convertible into one share of common stock. Following these transactions, she holds 7,386 shares of common stock directly, plus 1,330 restricted stock units that will vest on the earlier of the first anniversary of the grant or the next annual stockholders’ meeting.
Lear Corp director Jonathan F. Foster reported compensation-related equity activity, with no open-market buying or selling. On May 14, 2026, 1,859 restricted stock units vested and were converted into 1,859 shares of common stock, increasing his direct holdings to 15,641 shares.
On the same date, Foster also received a new grant of 1,330 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan. Each restricted stock unit is convertible into common stock on a 1-for-1 basis and will vest and settle in common stock on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant date.
Lache Rod reported acquisition or exercise transactions in this Form 4 filing.
LEAR CORP director Rod Lache received a grant of 1,330 restricted stock units. These units were awarded on May 14, 2026 under the Lear Corporation 2019 Long Term Stock Incentive Plan and are convertible into common stock on a 1-for-1 basis.
The restricted stock units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following the grant date. Settlement of the units has been deferred under the Lear Corporation Outside Directors Compensation Plan until the earlier of Mr. Lache’s retirement as a director, a change in control of Lear Corporation, or February 20, 2029.
LEAR CORP director Kathleen Ligocki received a grant of 1,330 restricted stock units (RSUs) on May 14, 2026. These RSUs convert into an equal number of common shares on a 1-for-1 basis. The award was granted under the Lear Corporation 2019 Long-Term Stock Incentive Plan.
The RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting after the grant. Settlement of the RSUs has been deferred, under the Outside Directors Compensation Plan, until Ms. Ligocki retires from the board or there is a change in control of Lear.
Lear Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 14, 2026. Shareholders elected all nominated directors, with support levels generally above 45 million shares cast in favor for each nominee, alongside relatively low opposition and abstention counts.
Shareholders also ratified the retention of the independent registered public accounting firm, with 47,123,548 shares voted for and 1,101,195 against. In advisory votes, shareholders approved Lear’s executive compensation and approved the amendment and restatement of Lear’s 2019 Long-Term Stock Incentive Plan, each receiving over 46 million votes in favor.
Lear Corporation reported stronger results for the quarter ended April 4, 2026. Net sales rose to $5.82 billion from $5.56 billion, while net income attributable to Lear more than doubled to $172.3 million, or basic EPS of $3.38 versus $1.50 a year earlier. The effective tax rate declined to 17.7% from 33.4%, helping profitability.
Operating cash flow improved to $98.1 million from a use of $127.7 million, and cash and cash equivalents were $881.9 million. Lear continued restructuring, recording $42.1 million of charges, and returned capital through $75.0 million of share repurchases and dividends of $0.77 per share, while maintaining long-term debt around $2.72 billion.
Lear Corporation reported strong first quarter 2026 results and reaffirmed its full-year 2026 outlook. Revenue reached $5.8 billion, up 5% from $5.6 billion a year earlier, as higher production on key platforms and new business drove growth.
Net income rose to $172 million from $81 million, while adjusted net income increased to $200 million. Diluted EPS was $3.34 and adjusted EPS was $3.87, up 24% year over year. Core operating earnings were $297 million, or 5.1% of sales, versus $270 million, or 4.9%.
Free cash flow improved to $(26.5) million from $(231.7) million, helped by better operating cash flow. Lear returned capital to shareholders by repurchasing $75 million of stock and paying $43 million in dividends, and ended the quarter with $881.9 million in cash and total liquidity of $2.9 billion.