LIGOCKI KATHLEEN 4

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.