Form 4: Lear Corp Director Conrad L Mallett Jr. Sells 1,278 Shares
SEC Form 4 Filing
Director Conrad L Mallett Jr. of Lear Corp sold 1,278 shares of common stock on May 28, 2024, at a price of $124.55 per share.
Summary
- On May 28, 2024, Conrad L Mallett Jr., a director of Lear Corp, sold 1,278 shares of the company's common stock.
- The sale was executed at a price of $124.55 per share.
- Following the transaction, Mallett directly owns 0 shares of Lear Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a negative outlook, but it's something investors may want to monitor.
Industry Context
This Form 4 filing indicates a transaction by an insider, which is a common occurrence. Investors often monitor such filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction: Conrad L Mallett Jr. sold 1,278 shares of Lear Corp common stock. |
| 05/29/2024 | Date of signature for the Form 4 filing. |
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