Frank C Orsini, EVP and President of Seating at Lear Corporation (NYSE:LEA), reported the sale of 7,133 shares of common stock for a transaction value of approximately $967,000 on Feb. 26, 2026, according to the SEC Form 4 filing.
|
Metric |
Value |
|---|---|
|
Shares sold (direct) |
7,133 |
|
Transaction value |
$967,000 |
|
Post-transaction shares (direct) |
16,795 |
|
Post-transaction value (direct ownership) |
$2.23 million |
Transaction value based on SEC Form 4 reported price ($135.50); post-transaction value is $2,234,070.90 using trade-date close price.
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What proportion of Orsini’s direct holdings was affected by this sale?
This transaction represented 29.81% of Orsini’s direct ownership, reducing his position from 23,928 shares to 16,795 shares. -
How does the size of this sale compare to Orsini’s recent insider transactions?
The 7,133 shares sold are in line with the recent median sell size of 8,354 shares across Orsini’s last three sell transactions since August 2025, reflecting a pattern of regular reductions as his available share capacity declines. -
Were any indirect or derivative interests involved in this filing?
No; all shares sold were held directly, with no indirect holdings, trusts, or derivative securities reported in this transaction. -
What is the broader context of Orsini’s trading activity over the past year?
Since August of last year, Orsini has made three open-market sales, cumulatively reducing his direct holdings by 58.82%.
|
Metric |
Value |
|---|---|
|
Employees |
164,300 |
|
Revenue (TTM) |
$23.26 billion |
|
Net income (TTM) |
$436.8 million |
|
1-year price change |
36.85% |
1-year price change calculated using Feb. 26, 2026 as the reference date.
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Designs, manufactures, and supplies automotive seating systems, electrical distribution systems, and related components, with revenue primarily from its Seating and E-Systems segments.
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Operates a business model focused on supplying original equipment manufacturers (OEMs) with integrated solutions, leveraging global scale and advanced engineering capabilities.
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Serves automotive OEMs worldwide, targeting manufacturers of automobiles, light trucks, and sport utility vehicles across North America, Europe, Asia, Africa, and South America.
Lear Corporation is a leading global supplier in the automotive parts sector, specializing in advanced seating and electrical systems for major vehicle manufacturers. The company leverages a large, diversified workforce and a global footprint to deliver integrated solutions that support OEMs in multiple regions. Its competitive edge is driven by a combination of engineering expertise, broad product offerings, and longstanding industry relationships.