Lear Corporation's SEC filings document operating results, governance, compensation and financing matters for its automotive Seating and E-Systems business. Form 8-K reports furnish quarterly and annual results, financial-condition updates and outlook-related exhibits, with segment disclosures tied to seating products and vehicle electrical systems.
The company's proxy materials cover board matters, executive compensation, equity awards and pay-versus-performance information. Material-event filings also describe credit arrangements, including an amended and restated unsecured revolving credit facility with foreign subsidiary borrowers, lender parties and related interest-rate and fee terms.
Form 4 filing for Lear Corp. (LEA) discloses that President & CEO Raymond E. Scott, who is also a director, sold a total of 5,000 common shares on 29 Jul 2025.
- Weighted‐average sale prices: $96.5789 for 4,354 shares, $97.8828 for 504 shares, and $98.8444 for 142 shares (detailed price ranges provided).
- Gross proceeds ≈ $485 k.
- Following the transactions, Scott directly owns 38,729 shares, down roughly 11% from 43,729.
No derivative transactions were reported. The filing was signed by attorney-in-fact Jacqlyn Waite on 31 Jul 2025.
While the sale is modest relative to Lear’s market capitalization and Scott retains a sizable stake, investors often monitor CEO sales for potential sentiment signals.
On 24 Jul 2025 Lear Corporation (LEA) entered into a Second Amended & Restated Credit Agreement that extends the maturity of its US$2.0 billion unsecured revolving credit facility to 24 Jul 2030. JPMorgan Chase acts as administrative agent; Bank of America, BNP Paribas, Citibank and HSBC serve as syndication agents.
Borrowings will float over (i) Term Benchmark, Central Bank or Risk-Free Rates or (ii) ABR/Canadian Prime. As of 28 Jun 2025 the applicable pricing grid is 0.925%-1.450% for benchmark-based loans and 0.000%-0.450% for ABR/Prime loans. A quarterly facility fee of 0.075%-0.20% on total commitments applies.
The facility carries customary covenants, including a maximum leverage ratio, limits on fundamental changes, indebtedness and liens. Management states the company is in full covenant compliance as of the signing date. No other financial data or earnings information were provided.
Form 144 filing reports a proposed sale of 5,000 common shares on the NYSE with an aggregate market value of $492,367.64. The transaction is expected to occur on or about 29 July 2025. Relative to the 53,206,093 shares outstanding, the sale represents roughly 0.009 % of the float, indicating an immaterial level of potential selling pressure.
The securities were acquired through a series of restricted-stock vesting events between January 2020 and January 2023. No sales have been made by the filer during the past three months. By signing the notice, the filer attests to possessing no undisclosed material adverse information about the issuer.
Key details such as the seller’s identity and relationship to the issuer are not disclosed in the excerpt provided.
Lear Corporation (LEA) – Form 144 filing: An unidentified affiliate plans to sell up to 5,000 common shares, equal to roughly 0.009% of the 53.2 million shares outstanding. Using an implied price of $99.50, the aggregate market value of the proposed sale is $497,500. The shares were acquired through restricted-stock vesting on 02 Feb 2024 as compensation. The filer intends to execute the sale through Fidelity Brokerage Services on or about 29 Jul 2025, with the NYSE listed as the trading venue.
The notice states that the seller attests to having no undisclosed material adverse information about Lear and affirms compliance with Rule 144. No other sales by the filer occurred during the past three months, and no non-cash consideration was involved in acquiring the shares.