Cardew Jason M 4

What Happened
Jason M. Cardew, Senior Vice President and Chief Financial Officer of Lear Corporation, sold a total of 10,000 shares in open-market transactions on February 19, 2026, generating total proceeds of $1,345,076. The sales broke down as: 8,400 shares at a weighted average price of $134.37 (reported range $133.915–$134.845), 1,000 shares at $135.18, and 600 shares at $135.28. These were outright sales (not purchases or option exercises).

Key Details

• Transaction date: February 19, 2026. Form 4 filed February 23, 2026.
• Breakdown:
  • 8,400 shares sold — weighted avg price $134.37 (range $133.915 to $134.845) — proceeds $1,128,725 (footnote F1 explains weighted average and availability of per-trade breakdown).
  • 1,000 shares sold at $135.18 — proceeds $135,180.
  • 600 shares sold at $135.28 — proceeds $81,171.
• Total: 10,000 shares; total proceeds $1,345,076.
• Shares owned after the transaction: not specified in the provided filing data.
• Filing timeliness: Form 4 was filed on Feb 23, 2026 reporting Feb 19 transactions. (Form 4s are generally due within two business days; the provided data does not include a late‑filing flag.)

Context

• These were sales, which are often routine and can reflect diversification or tax/liquidity needs rather than a change in company outlook. Purchases typically carry more direct signaling value.
• No options exercise, gift, or award was reported in the provided transactions. The footnote indicates the largest block was sold in multiple trades at slightly different prices; the reporting person can provide a per-trade price breakdown on request.