Form 4: Lear Corp Director Patricia Lewis Reports Stock Transactions

Director Patricia Lewis reports the vesting and settlement of restricted stock units into common stock and the grant of additional restricted stock units.

Summary

• On May 16, 2025, Director Patricia Lewis vested and settled 1,337 restricted stock units into common stock.
• Also on May 16, 2025, Lewis was granted 1,859 restricted stock units under the Lear Corporation 2019 Long Term Stock Incentive Plan.
• Following these transactions, Lewis directly owns 1,859 restricted stock units and 5,527 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.

Future Outlook

The restricted stock units will 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 practice for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect changes in insider ownership.

Key Dates

Keywords

Lear Corp, Director, Patricia Lewis, Restricted Stock Units, Common Stock, Form 4, Stock Incentive Plan, Vesting, Settlement, Grant