Lithia Motors (LAD) Chief People Officer Receives Award

What Happened
Katherine Lee Macaddino, Chief People Officer of Lithia Motors (LAD), was granted 47 restricted stock units (RSUs) on October 1, 2026. The award was reported as an acquisition at $0.00 per share (total reported value $0) and is coded as an award/grant (A).

Key Details

• Transaction date: 2026-10-01; price: $0.00 (award).
• Amount: 47 restricted stock units (each RSU represents a contingent right to one share).
• Vesting: RSUs vest subject to continued employment on January 1 of 2027, 2028 and 2029 (per footnote).
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: filing date matches transaction date (no late filing indicated).
• Transaction code: A = Award/Grant.

Context
RSUs are a common form of compensation and represent a contingent right to receive shares if vesting conditions are met; they are not immediate purchases or sales and do not indicate an immediate change in market exposure. This grant is compensation-related rather than a market buy/sell by the insider.