FOSTER JONATHAN F 4

What Happened Jonathan F. Foster, a director of Lear Corporation (LEA), had 1,859 restricted stock units (RSUs) convert/settle into 1,859 shares of common stock on May 14, 2026 (no cash paid). On the same date he was granted 1,330 new RSUs under Lear’s 2019 Long Term Stock Incentive Plan. All reported transactions show $0.00 per share because these were equity settlements/awards, not open-market purchases or cash sales.

Key Details

• Transaction date: May 14, 2026. Form filed: May 18, 2026 (filed on time).
• Conversion/settlement: 1,859 RSUs converted into 1,859 common shares (code M, $0.00).
• New award/grant: 1,330 RSUs granted (code A, $0.00); each RSU converts 1-for-1 into common stock (Footnotes F1–F2).
• Vesting terms: The newly granted RSUs vest and settle in common stock on the earlier of (i) one year from grant or (ii) the next annual meeting of stockholders (Footnote F3).
• Shares owned after the transactions: not disclosed in the excerpt of the filing provided.

Context

• This activity reflects RSU vesting/settlement and a contemporaneous RSU grant — routine compensation for directors rather than an open-market buy or sale. The “disposed” derivative entry in the filing represents the conversion/settlement of the RSUs into common stock, not a sale of resulting shares.
• No 10b5-1 plan, tax-withholding sale, or late filing is indicated in the provided filing.