Form 4: Lear Corp CEO Raymond Scott Granted 8,275 RSUs
Insider Transaction Report
Lear Corp's President and CEO, Raymond E. Scott, was granted 8,275 restricted stock units as part of a pre-arranged plan.
Summary
- Raymond E. Scott, President and CEO, and a Director of Lear Corp, was granted 8,275 Restricted Stock Units (RSUs).
- The transaction occurred on November 19, 2025, and was filed on November 21, 2025.
- Each RSU is convertible into one share of Lear Corp common stock on a 1-for-1 basis.
- These "Career Share" RSUs vest on the third anniversary of the grant date, which is November 19, 2028.
- Conversion into common stock will not occur until or after Mr. Scott reaches age 62 or a qualifying retirement.
- The RSUs remain subject to forfeiture if there is a voluntary termination prior to meeting retirement eligibility requirements.
- The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged plan for the purchase or sale of equity securities.
Sentiment
Score: 7
Explanation: The grant of restricted stock units to the CEO is a positive signal for corporate governance and aligns executive interests with long-term shareholder value. It is a routine compensation event, not a major market catalyst.
Positives
- The grant of 8,275 Restricted Stock Units to the President and CEO aligns executive incentives with long-term shareholder value.
- The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged, non-discretionary transaction.
Negatives
- The RSUs are subject to forfeiture if the CEO voluntarily terminates employment before meeting retirement eligibility requirements.
- Conversion into common stock is deferred until age 62 or qualifying retirement, meaning no immediate liquidity for the executive.
Risks
- Risk of forfeiture of the 8,275 Restricted Stock Units if the reporting person's employment terminates voluntarily before meeting age 62 or qualifying retirement conditions.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Executive Compensation | The grant of "Career Share" Restricted Stock Units to the President and CEO is a common executive compensation practice designed to align management's long-term interests with those of shareholders. | 11/19/2025 | Promotes long-term retention and performance by tying equity conversion to retirement eligibility and a three-year vesting period, enhancing alignment between executive and shareholder interests. |
Stakeholder Impact
- Shareholders benefit from the alignment of executive compensation with long-term company performance and shareholder value creation.
Next Steps
- The Restricted Stock Units will vest on November 19, 2028.
- Conversion of RSUs into common stock will occur on or after the CEO reaches age 62 or a qualifying retirement, subject to continued employment.
Key Dates
| Date | Description |
|---|---|
| 11/19/2025 | Date of transaction (grant of Restricted Stock Units) |
| 11/21/2025 | Date the Form 4 was signed and filed |
| 11/19/2028 | Vesting date for the Restricted Stock Units (third anniversary of grant date) |
Recommendation
holdThe grant of restricted stock units to the CEO is a routine executive compensation event that aligns management's long-term interests with shareholders. It does not provide new fundamental information to warrant a change in investment recommendation, but it is a positive signal for corporate governance.
Keywords
Lear Corp, LEA, Raymond Scott, Restricted Stock Units, RSU, Equity Grant, Executive Compensation, Form 4, Insider Transaction, Corporate Governance
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