Form 4: Lear Corporation Director Converts Deferred Stock Units to Common Shares

A Lear Corporation director, Kathleen Ligocki, converted 53 deferred stock units into common stock as part of a pre-existing compensation plan.

Summary

• Kathleen Ligocki, a Director at Lear Corporation (LEA), reported a transaction involving the conversion of deferred stock units.
• On July 1, 2025, 53 deferred stock units were converted into 53 shares of Lear Corporation common stock.
• This conversion was part of the twenty-third quarterly installment under the Lear Corporation Outside Directors Compensation Plan, based on Ms. Ligocki's deferral election.
• Each deferred stock unit is equivalent in value to one share of Lear Corporation common stock.
• Following this transaction, Ms. Ligocki directly beneficially owns 3,731 shares of Common Stock.
• Additionally, Ms. Ligocki continues to hold 16,763 deferred stock units.

Sentiment

Score: 5

Explanation: The document reports a routine, pre-planned insider transaction (conversion of deferred stock units) which is neutral in sentiment and does not indicate positive or negative performance or outlook.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is a standard practice across publicly traded companies. It does not provide broader insights into Lear Corporation's industry position or market trends.

Related Party Transactions

• The transaction involves a director's compensation, specifically the conversion of deferred stock units into common stock, which is a standard arrangement between the company and its director.

Stakeholder Impact

• Shareholders: The conversion of 53 deferred stock units into common stock has a negligible impact on the overall share count and ownership structure.
• Employees: No direct impact on employees is indicated by this transaction.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this transaction.

Key Dates

Keywords

Lear Corporation, LEA, Form 4, SEC filing, insider transaction, stock conversion, deferred stock units, director compensation, equity, common stock