DEBOER SIDNEY B 4
4 · LITHIA MOTORS INC · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
LAD Director Sidney DeBoer Receives RSU Award; 58 Shares Withheld
What Happened
- Sidney B. DeBoer, a director of Lithia Motors, received 715 restricted stock units (RSUs) that vested on 2026-04-30 (acquired at $0.00 per share).
- To cover tax withholding related to the vesting, 58 shares were withheld/disposed on 2026-05-01 at $290.12 per share, resulting in $16,827 (reported as tax payment). This withholding was not an open-market sale.
Key Details
- Transaction dates and prices:
- 2026-04-30: Award/acquisition of 715 RSUs at $0.00 (vesting).
- 2026-05-01: 58 shares withheld for taxes at $290.12/share; total ~$16,827.
- Shares owned after the transaction: Not specified in the filing.
- Footnotes:
- F1: Each RSU represents a contingent right to receive one share of common stock.
- F2: Shares were withheld to pay taxes on vesting; this is not an open market transaction.
- Filing timeliness: Form filed 2026-05-01 for the 2026-04-30 vesting; the filing shows no indication of lateness.
Context
- This was a routine equity-compensation vesting event (award of RSUs) rather than a purchase or a voluntary sale. Tax-withholding via share retention is common for vested equity and should not be interpreted as an active sale of shares on the open market.
Insider Transaction Report
Form 4
DEBOER SIDNEY B
Director
Transactions
- Award
Lithia Motors Inc Common Stock
[F1]2026-04-30+715→ 26,276 total - Tax Payment
Lithia Motors Inc Common Stock
[F2]2026-05-01$290.12/sh−58$16,827→ 26,218 total
Footnotes (2)
- [F1]Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F2]Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
Signature
/s/ Kevin Cundick, Attorney-in-Fact|2026-05-01