Form 4: Lear Corp Director Jonathan F. Foster Reports Stock Transactions
SEC Form 4 Filing
Director Jonathan F. Foster reports the vesting and acquisition of Lear Corp common stock and restricted stock units.
Summary
- On May 16, 2025, Jonathan F. Foster, a director of Lear Corp, reported transactions involving common stock and restricted stock units.
- 1,337 restricted stock units vested and settled into common stock.
- Foster also acquired 1,859 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan.
- Following these transactions, Foster directly owns 13,782 shares of common stock and 1,859 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of restricted stock units demonstrates a continued investment in the company by a director.
Future Outlook
The restricted stock units vest and settle in common stock on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the ownership stake of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Restricted stock units vested and settled in common stock; new restricted stock units granted. |
| 05/20/2025 | Date of signature for the report. |
Keywords
Form 4, Director, Stock Options, Restricted Stock Units, Beneficial Ownership, LEAR CORP, LEA, Jonathan F. Foster
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