Cardew Jason M 4

What Happened
Jason M. Cardew, Senior Vice President and Chief Financial Officer of Lear Corp (LEA), sold a total of 9,500 shares in open-market transactions on June 1–2, 2026, for aggregate proceeds of $1,372,630. The individual transactions reported were:

• 2,500 shares on 2026-06-01 at $141.14 ($352,850)
• 2,000 shares on 2026-06-01 at $141.14 ($282,280)
• 2,500 shares on 2026-06-02 at $145.00 ($362,500)
• 2,500 shares on 2026-06-02 at $150.00 ($375,000)
  These were sales (not purchases), which are often routine but provide less direct bullish signal than insider buys.

Key Details

• Transaction dates/prices: June 1–2, 2026 — prices ranged $141.14–$150.00.
• Total shares sold: 9,500; total proceeds: $1,372,630.
• Shares owned after transaction: not specified in the filing.
• Footnote: Transactions were executed pursuant to a Rule 10b5‑1 trading plan adopted March 2, 2026; the reporting person states no discretion was exercised over these trades.
• Filing timeliness: Report filed June 3, 2026 for trades on June 1–2 — appears timely (no late filing indicated).

Context
Sales under 10b5‑1 plans are pre-arranged and can occur regardless of current insider views, so they may represent routine liquidity or diversification rather than a statement on company prospects. For retail investors, insider purchases tend to be more informative of confidence; sales can be for many personal or pre-planned reasons and should be interpreted accordingly.