LEA.NYSELear CORP

Form 4: Lear Corp Executive Alicia J. Davis Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Alicia J. Davis, Sr VP & Chief Strategy Officer of Lear Corp, reports acquisition and disposal of common stock on February 13, 2025.

Summary

  • On February 13, 2025, Alicia J. Davis, Sr VP & Chief Strategy Officer of Lear Corp, reported transactions involving Lear Corp common stock.
  • Davis acquired 4,063 shares of common stock at $0 per share due to the settlement of non-derivative performance shares.
  • She also disposed of 1,772 shares at $96.32 per share to satisfy tax withholding requirements.
  • Following these transactions, Davis directly owns 10,261 shares of Lear Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine stock transactions related to compensation and tax obligations.

Positives

  • The acquisition of 4,063 shares through performance share settlement indicates that performance goals were met.

Negatives

  • The disposal of 1,772 shares to cover tax obligations reduces the total number of shares held.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Comparison to Industry Standards

  • Form 4 filings are a standard regulatory requirement for publicly traded companies, ensuring transparency in insider trading activities.
  • Similar filings are made by executives at comparable companies like Adient and Aptiv, detailing their stock transactions.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
December 31, 2024End of the three-year performance period for non-derivative performance shares.
February 13, 2025Date of stock acquisition and disposal transactions.
February 18, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Lear Corp, Alicia J. Davis, LEA

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