Huskins Priya Cherian 4

What Happened

• Priya Huskins Cherian, a director of Lithia Motors (ticker: LAD), was granted 715 restricted stock units (RSUs) on 2026-04-30. The reported acquisition price is $0.00 (award/grant), so the grant had no cash purchase price recorded on the Form 4.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-01 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares/acquisition: 715 RSUs granted at $0.00 per unit; reported aggregate value $0 at grant.
• Footnote: Each RSU is a contingent right to receive one share of common stock upon vesting (per filing footnote F1).
• Shares owned after transaction: Not specified in the supplied filing details.

Context

• RSU grants are a form of compensation, not an open-market purchase or sale. They typically vest over time (or upon achieving conditions) and convert into actual shares when vested; the grant itself does not generate sale proceeds.
• Such awards are common for directors and executives and do not, by themselves, indicate buying or selling sentiment.