Bailey Richard J Jr 4

What Happened
Richard J. Bailey Jr, a director of Lithia Motors Inc. (LAD), sold 297 shares in an open-market transaction on 2026-05-26. The shares were sold at $280.57 per share for total proceeds of approximately $83,331. This was a sale (disposition) rather than a purchase or option exercise.

Key Details

• Transaction date: 2026-05-26
• Price per share: $280.57
• Shares sold: 297
• Total proceeds: ≈ $83,331
• Transaction type/code: Sale (S) — reported as an open-market or private sale in the filing
• Filing date: 2026-05-27 (filed the day after the transaction; appears timely)
• Shares owned after transaction: not disclosed in the information provided
• Footnotes/plan details: no 10b5-1 plan, tax withholding, or other special footnotes were disclosed in the provided data

Context
Insider sales are often routine (for liquidity, diversification, tax planning, etc.) and do not by themselves indicate a change in the director’s view of the company. For retail investors, purchases tend to be more informative as a potential bullish signal; this single director sale of about $83k is relatively modest and should be considered alongside other insider trades and company fundamentals.