Form 4: Lear Corp CFO Sells Shares in Pre-Planned Transaction
Insider Trading Report
Lear Corp's Senior Vice President and CFO, Jason M Cardew, sold 5,000 shares of common stock through a pre-planned trading arrangement.
Summary
- Jason M Cardew, the Senior Vice President and Chief Financial Officer of Lear Corp (LEA), sold a total of 5,000 shares of the company's common stock.
- The transactions occurred on July 29, 2025.
- One block of 3,171 shares was sold at a price of $99.5 per share.
- A second block of 1,829 shares was sold at a price of $96.694 per share.
- Following these sales, Mr. Cardew beneficially owns 20,244 shares of Lear Corp common stock.
- The sales were conducted pursuant to a Rule 10b5-1(c) pre-planned trading arrangement.
Sentiment
Score: 5
Explanation: The filing reports a routine, pre-planned sale of shares by a senior executive, which is a common occurrence for diversification or liquidity purposes and does not inherently signal a negative outlook on the company.
Positives
- The share sales were conducted under a Rule 10b5-1 pre-planned trading arrangement, indicating the transactions were scheduled in advance and not based on immediate, non-public information.
Negatives
- A senior executive, the SVP and CFO, reduced their direct ownership in the company by selling 5,000 shares.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Notifies shareholders of a reduction in direct ownership by a key executive, though conducted under a pre-planned trading arrangement which mitigates negative implications.
Key Dates
| Date | Description |
|---|---|
| 07/29/2025 | Date of common stock transactions by Jason M Cardew. |
| 07/31/2025 | Date the Form 4 filing was signed. |
Keywords
Lear Corp, LEA, Form 4, insider trading, stock sale, executive compensation, Jason M Cardew
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