Lear Corp (LEA) Director Conrad L. Mallett Jr Sells 1,646 Shares

What Happened
Conrad L. Mallett Jr, a director of Lear Corp (LEA), sold 1,646 shares in an open-market transaction on August 6, 2026. The shares were disposed at $121.35 per share, generating proceeds of approximately $199,742. This was a sale (not a purchase or option exercise), which is often a routine disposition by an insider.

Key Details

• Transaction date: 2026-08-06 (reported on Form 4 filed 2026-08-07).
• Transaction type/code: Open-market sale (S).
• Shares sold: 1,646 at $121.35 per share.
• Proceeds: ~$199,742.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes indicated in the provided excerpt.
• Timeliness: Filing appears timely (transaction on Aug 6, filed Aug 7).

Context
Open-market sales by directors can reflect personal liquidity needs or portfolio rebalancing and do not, by themselves, indicate the company’s outlook. Purchases tend to be more directly interpreted as a bullish signal. The filing does not indicate that Mallett is a 10% owner or that this was part of an option exercise or award.