LIGOCKI KATHLEEN 4

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.