MALLETT CONRAD L JR 4

What Happened
Conrad L. Mallett Jr., a director of Lear Corporation (LEA), sold 190 shares in an open-market transaction on June 10, 2026. The shares were disposed at $141.34 per share for total proceeds of $26,855. This was a sale (transaction code S), which is commonly a routine disposal and does not by itself indicate the insider’s view of the company.

Key Details

• Transaction date: 2026-06-10 (filed on 2026-06-11)
• Price per share: $141.34
• Shares sold: 190
• Total value: $26,855
• Transaction type: Open-market sale (S)
• Shares owned after transaction: Not specified in the provided filing
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the transaction details provided
• Timeliness: Filed one day after the transaction (within the Form 4 reporting window)

Context
Sales by directors can be routine (e.g., diversification, tax/liquidity needs) and are more common than purchases; purchases tend to be considered stronger signals of confidence. This single small sale (under $30k) should be viewed in context with other insider transactions and company developments rather than as a standalone indicator.