Lear Corp: director Kathleen Ligocki exercised 53 shares

What happened Kathleen Ligocki, a director of Lear Corp, converted/exercised deferred stock units into 53 shares and reported a disposition of 53 shares on Oct 1, 2026. The Form 4 shows an exercise/conversion of 53 shares at $0.00 (acquired) and a disposition of 53 shares at $0.00 (derivative).

Key details

• Transaction date: Oct 1, 2026; Form 4 filed Oct 2, 2026.
• Reported price: $0.00 for both the acquisition and the disposition; total reported cash value $0.
• Transaction code: M (exercise or conversion of a derivative) for both entries.
• Shares owned after the transaction: not specified in the supplied filing.
• Footnotes: F1 — conversion of the 28th quarterly installment of deferred stock units under the Lear Corporation Outside Directors Compensation Plan per the reporting person’s deferral election; F2 — each deferred stock unit equals one share of common stock; F3 — the deferred stock units were accrued under the outside directors compensation plan and are generally to be paid out in shares pursuant to the deferral election.

Why it may matter The filing shows a conversion/exercise of deferred stock units into 53 shares and an immediate disposition of those 53 shares (listed as a derivative). A filing does not show why the insider traded or why the company acted.