Nicholas Jon Roelli, SVP and President, E-Systems at Lear Corp (NYSE:LEA), filed a Form 4 on November 9, 2026, disclosing the vesting and settlement of 383 restricted stock units and the withholding of 167 shares to cover taxes on November 7, 2026.

Key Highlights

  • RSU vesting: 383 restricted stock units vested and settled in common stock on November 7, 2026, acquired at $0 per unit.
  • Shares withheld for taxes: 167 shares were withheld by the company to satisfy tax withholding requirements at a price of $110.28 per share.
  • Post-transaction ownership: Roelli directly holds 2,555 shares of Lear Corp common stock following the reported transactions.
  • RSU grant origin: The vested units were originally granted on November 7, 2023, and vested in equal one-third installments over three years ending November 7, 2026.
  • Derivative position: No restricted stock units remain outstanding following the final tranche vesting.
  • Reporting person role: Roelli is identified as an officer with the title SVP and President, E-Systems.

Roelli's Final RSU Tranche Vests, Shares Withheld for Tax Obligations

According to the Form 4 filed with the SEC on November 9, 2026, Nicholas Jon Roelli, an officer of Lear Corp serving as SVP and President, E-Systems, reported two non-derivative transactions dated November 7, 2026. The first was the acquisition of 383 shares of common stock at $0 as a result of restricted stock units vesting and settling in common stock. The second was the disposition of 167 shares at $110.28 per share, described in the filing as shares withheld by the company to satisfy tax withholding requirements.

The filing disclosed that the restricted stock units underlying these transactions were granted on November 7, 2023, and were structured to vest in three equal annual installments: one-third on November 7, 2024; one-third on November 7, 2025; and the remaining one-third on November 7, 2026. Each restricted stock unit was convertible into one share of common stock on a one-for-one basis. Following the reported transactions, the derivative security table shows zero restricted stock units remaining, and Roelli's direct beneficial ownership of common stock stands at 2,555 shares, according to the filing.

The Form 4 was signed by Joshua Mullin as Attorney-in-Fact on November 9, 2026, and indicates that Roelli filed individually, not as part of a group. The filing identifies no indirect beneficial ownership and no transactions pursuant to a Rule 10b5-1 plan, as the relevant checkbox was not marked.

What Was Disclosed

The filing reports the final one-third vesting of a November 2023 RSU grant to Roelli, settlement into 383 shares of Lear Corp common stock, and the withholding of 167 shares at $110.28 for tax purposes, leaving him with 2,555 directly owned shares.