Lear Corp CFO Sells Over $1.3 Million in Company Stock
Summary
Lear Corp's CFO, Jason M. Cardew, sold 10,000 shares of common stock for approximately $1.35 million, marking a significant insider disposition.
Key Events
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CFO Stock Sale
Jason M. Cardew, SVP and CFO, disposed of 10,000 shares of common stock in open market transactions on February 19, 2026.
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Significant Value
The total value of the shares sold amounted to approximately $1,345,076, with prices ranging from $134.37 to $135.28 per share.
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Executive Disposition
This sale by a key executive contributes to a recent pattern of insider selling at Lear Corp, with over $2 million in net insider sales reported over the last 90 days.
Analysis
Jason M. Cardew, Lear Corp's Senior Vice President and Chief Financial Officer, executed a significant open market sale of company stock. This transaction, valued at over $1.3 million, represents a notable disposition by a key executive. While the percentage of market capitalization is small for a company of Lear Corp's size, the absolute dollar value of the sale by a CFO is a material event for investors to consider, especially as it contributes to a broader pattern of insider selling observed recently.
At the time of this filing, LEA was trading at $132.86 on NYSE in the Manufacturing sector, with a market capitalization of approximately $6.7B. The 52-week trading range was $73.85 to $142.84. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.