[SCHEDULE 13G] LEAR CORP Passive Investment Disclosure (>5%)
Rhea-AI Filing Summary
Lear Corp ownership filing: Vanguard Portfolio Management reports beneficial ownership of 3,537,795 shares of Lear Corp Common Stock, representing 6.97% of the class as of 03/31/2026. The filing states Vanguard Portfolio Management exercises sole dispositive power over these shares and lists affiliates that may exercise voting or dispositive power on certain accounts.
Positive
- None.
Negative
- None.
Insights
Vanguard holds a notable minority stake—dispositive power shown across funds.
Vanguard Portfolio Management reports beneficial ownership of 3,537,795 shares (6.97%) as of 03/31/2026. The filing attributes sole dispositive power to Vanguard Portfolio Management while noting affiliates and fund sleeves that contribute to the aggregated position.
Because the stake is under 10%, it signals significant but non-controlling institutional ownership; subsequent Form 13D or Schedule 13G amendments would disclose material changes in intent or activist activity.
Disclosure conforms to Schedule 13G aggregation and affiliate attribution rules.
The filing cites SEC Release No. 34-39538 language to explain aggregation across Vanguard entities and fund sleeves, and states voting and dispositive powers by category (sole/shared). The signature block shows the filing was signed on 04/29/2026.
Watch for any amendments if the percentage crosses reporting thresholds or if voting intent changes; timing for such amendments is governed by relevant SEC rules.