LIGOCKI KATHLEEN 4
4 · LEAR CORP · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Lear (LEA) Director Kathleen Ligocki Receives 53 Shares
What Happened
- Kathleen Ligocki, a director of Lear Corporation (LEA), converted 53 deferred stock units into 53 shares of Lear common stock on April 1, 2026. The conversion was reported as an exercise/conversion of a derivative (transaction code M) at $0.00 per share, so no cash was exchanged.
Key Details
- Transaction date: 2026-04-01
- Reported transactions: 53 shares acquired (conversion) and 53 shares disposed (derivative converted), both at $0.00
- Shares owned after transaction: Not specified in the filing
- Footnotes: F1–F3 state this was the 26th quarterly installment of deferred stock units under the Lear Outside Directors Compensation Plan; each deferred stock unit equals one share and the units were converted to shares per the director’s deferral election
- Timeliness: Filing date equals the report date (2026-04-01); no late filing indicated
Context
- This was a routine conversion of previously awarded/deferred director compensation (deferred stock units) into common shares, not an open-market purchase or sale. Such conversions are compensation-related and do not by themselves indicate a personal buy/sell sentiment. Transaction code M denotes exercise/conversion of a derivative (here, DSUs).
Insider Transaction Report
Form 4
LEAR CORPLEA
LIGOCKI KATHLEEN
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-01+53→ 3,890 total - Exercise/Conversion
Deferred Stock Units
[F2][F3]2026-04-01−53→ 16,604 total→ Common Stock (53 underlying)
Footnotes (3)
- [F1]Conversion of twenty-sixth quarterly installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
- [F2]Each deferred stock unit is equal in value to one share of Lear Corporation common stock.
- [F3]The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
Signature
/s/ Jacqlyn Waite, as Attorney in-Fact|2026-04-01