LIGOCKI KATHLEEN 4
4 · LEAR CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Lear (LEA) Director Kathleen Ligocki Receives 53 Shares via Conversion
What Happened
Kathleen Ligocki, a director of Lear Corporation (LEA), converted 53 deferred stock units into 53 shares of Lear common stock on July 1, 2026. The Form 4 records an acquisition of 53 shares at $0.00 (conversion) and a corresponding derivative disposition entry for 53 units; the reported cash value for the transaction is $0.
Key Details
- Transaction date: 2026-07-01; Filing date: 2026-07-02 (filed timely).
- Reported amounts: 53 shares acquired at $0.00 and 53 derivative units disposed at $0.00.
- Shares owned after the transaction: not specified in this filing.
- Footnotes: F1–F3 indicate these were the 27th quarterly installment of deferred stock units (DSUs) under the Lear Outside Directors Compensation Plan; each DSU equals one share and the conversion was made per the director’s prior deferral election.
- No indication of a 10b5-1 plan, tax withholding sale, or cash proceeds in this filing.
Context
This is a routine conversion of deferred compensation into company stock rather than an open-market buy or sell. Such conversions reflect settlement of previously earned director compensation and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
Form 4
LEAR CORPLEA
LIGOCKI KATHLEEN
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-07-01+53→ 3,943 total - Exercise/Conversion
Deferred Stock Units
[F2][F3]2026-07-01−53→ 18,410 total→ Common Stock (53 underlying)
Footnotes (3)
- [F1]Conversion of twenty-seventh quarterly installment of deferred stock units accrued under the Lear Corporation Outside Directors Compensation Plan into shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
- [F2]Each deferred stock unit is equal in value to one share of Lear Corporation common stock.
- [F3]The deferred stock units were accrued under the Lear Corporation Outside Directors Compensation Plan pursuant to a deferral election and are generally to be paid out in shares of Lear Corporation common stock pursuant to the Reporting Person's deferral election.
Signature
/s/ Katherine Clark, as Attorney in-Fact|2026-07-02