LIGOCKI KATHLEEN 4

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).