Form 4: Lithia Motors Director Sidney Deboer Reports Stock Transaction

Director Sidney Deboer reports a transaction involving Lithia Motors Inc. common stock on May 1, 2025, where shares were withheld for tax obligations upon vesting of restricted stock units.

Summary

• On May 1, 2025, Sidney B. Deboer, a director of Lithia Motors Inc., reported a transaction involving the company's common stock.
• The transaction involved the withholding of 79 shares at a price of $292.76 per share.
• These shares were withheld for the payment of taxes related to the vesting of restricted stock units.
• Following the transaction, Deboer directly owns 35,773 shares of Lithia Motors Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of withholding shares to cover tax obligations upon the vesting of restricted stock units, which is common across publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine tax withholding.

Key Dates

Keywords

Lithia Motors Inc, Director, Stock Transaction, Form 4, Sidney Deboer, Restricted Stock Units, Tax Withholding