Form 4: Lear Corp Executive Nicholas Jon Roelli Reports Stock Transactions

Nicholas Jon Roelli, SVP & President, E-Systems at Lear Corp, reports acquisition of 1,908 shares and disposal of 832 shares of common stock on February 13, 2025.

Summary

• On February 13, 2025, Nicholas Jon Roelli, SVP & President, E-Systems at Lear Corp, acquired 1,908 shares of common stock.
• These shares were obtained through the settlement of non-derivative performance shares related to the three-year performance period ending December 31, 2024, under the 2019 Lear Corporation Long-Term Stock Incentive Plan.
• On the same day, Roelli disposed of 832 shares of common stock at a price of $96.32 per share to satisfy tax withholding requirements.
• Following these transactions, Roelli directly owns 1,907 shares of Lear Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to compensation and tax obligations. There's no indication of significant positive or negative sentiment.

Positives

• The acquisition of performance shares indicates that performance targets were met, which is a positive signal.

Negatives

• The disposal of shares to cover tax obligations could be seen as a minor negative, although it's a common practice.

Industry Context

Executive stock transactions are a common occurrence and are closely watched by investors for insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Lear Corp, Nicholas Jon Roelli, stock transaction, Form 4, performance shares, tax withholding, beneficial ownership, LEA