Halverson Bradley M 4

What Happened
Bradley M. Halverson, a director of Lear Corporation (LEA), had derivative securities converted and received a new restricted stock unit (RSU) grant on May 14, 2026. The filing shows an exercise/conversion of 1,859 derivative shares (acquired and simultaneously reported as disposed) at $0.00, and a grant/award of 1,330 RSUs at $0.00. Because the reported dollar prices are $0.00, these were internal conversions and an equity award (not an open-market purchase or cash sale).

Key Details

• Transaction date: May 14, 2026; Form 4 filed: May 18, 2026 (timely filing).
• Converted/exercised: 1,859 shares (code M) — acquisition and matching disposition reported at $0.00.
• Grant/award: 1,330 restricted stock units (code A) granted at $0.00.
• Footnotes: F1 — the RSUs vested and settled into common stock on May 14, 2026; F2 — each RSU converts 1-for-1 into common stock; F3 — the 1,330 RSUs were granted under the Lear Corporation 2019 Long Term Stock Incentive Plan and vest on the earlier of (i) the first anniversary of grant or (ii) the next annual meeting of stockholders.
• Shares owned after the reported transactions: not specified in the provided data.

Context

• Derivative conversions or exercises reported with $0.00 typically reflect internal settlement/vesting events (e.g., RSU conversion or option exercise that does not involve an open‑market cash payment). The filing does not show an open‑market sale or purchase of shares for cash.
• RSU grants and vesting are common forms of director compensation and do not by themselves indicate buy/sell sentiment.