Lear Corporation officer Jason M. Cardew filed a Form 144 notice of proposed sale on November 3, 2026, disclosing plans to sell 5,000 shares of Lear common stock on NYSE through Fidelity Brokerage Services LLC.

Key Highlights

  • Proposed seller: Jason M. Cardew, identified as an officer of Lear Corporation.
  • Shares proposed for sale: 5,000 shares of Lear common stock, with an aggregate market value of $588,736.09, according to the filing.
  • Total shares outstanding: The filing reports 48,192,039 shares of common stock outstanding.
  • Approximate sale date: November 3, 2026, through Fidelity Brokerage Services LLC on the NYSE.
  • Source of shares: Two restricted stock vesting events - 2,071 shares acquired January 4, 2025, and 2,929 shares acquired February 13, 2025, both from the issuer as compensation.
  • Prior three-month sales: The filing reports nothing to disclose for securities sold during the past three months.

Lear Corp Officer Discloses Restricted Stock Vesting Origins Behind Proposed Sale

According to the Form 144 notice filed with the U.S. Securities and Exchange Commission, Jason M. Cardew, an officer of Lear Corporation (NYSE:LEA), has provided notice of a proposed sale of 5,000 shares of the company's common stock. The filing identifies Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, Rhode Island 02917, as the broker for the proposed transaction. The aggregate market value of the shares to be sold is listed as $588,736.09 in the filing.

The filing specifies that the shares to be sold originated from two separate restricted stock vesting events. The first vesting occurred on January 4, 2025, yielding 2,071 shares acquired from the issuer as compensation. The second vesting occurred on February 13, 2025, yielding 2,929 shares, also acquired from the issuer as compensation. Both acquisitions are described as restricted stock vesting transactions in the filing.

The notice was signed by Joshua Schmitt as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Jason M. Cardew. The filing indicates that no securities of the issuer were sold during the past three months by the person for whose account the proposed sale is filed. By signing, the filing states, the seller represents that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

What Was Disclosed

Lear Corporation officer Jason M. Cardew filed a Form 144 on November 3, 2026, disclosing a proposed sale of 5,000 common shares with an aggregate market value of $588,736.09, sourced from two restricted stock vesting events in January and February 2025.