LIGOCKI KATHLEEN 4
4 · LEAR CORP · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Lear (LEA) Director Kathleen Ligocki Receives RSU Award
What Happened Kathleen Ligocki, a director of Lear Corporation (LEA), was granted 1,330 restricted stock units (RSUs) on May 14, 2026. The grant is reported as an award (derivative instrument) at $0.00 per unit; each RSU converts 1-for-1 into common stock when settled. Settlement has been deferred by Ms. Ligocki under Lear’s Outside Directors Compensation Plan until her retirement as a director or a change in control.
Key Details
- Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (within the typical 2-business-day reporting window).
- Grant: 1,330 restricted stock units (RSUs) granted, reported at $0.00 per unit (derivative award).
- Vesting: RSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the next annual meeting of stockholders.
- Settlement: Deferred pursuant to an election under the Lear Corporation Outside Directors Compensation Plan until director retirement or a change in control (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A = Award/Grant (derivative).
Context This is a compensation award to a board director rather than an open-market purchase or sale. Such grants are routine for non-employee directors and reflect compensation, not necessarily a personal bullish or bearish trading signal. The RSUs will convert into ordinary shares on a 1-for-1 basis upon settlement, subject to vesting and the director’s deferral election.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-14+1,330→ 1,330 total→ Common Stock (1,330 underlying)
Footnotes (2)
- [F1]Each restricted stock unit is convertible into common stock on a 1-for-1 basis.
- [F2]The restricted stock units were granted on May 14, 2026 under the Lear Corporation 2019 Long-Term Stock Incentive Plan. The restricted stock units vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of stockholders following the grant date. Settlement of the restricted stock units has been deferred, pursuant to an election under the Lear Corporation Outside Directors Compensation Plan, until the earlier of Ms. Ligocki's retirement as a director of Lear Corporation or a change in control of Lear Corporation.