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Insider Trends: Insider Sales Add to 90-Day Trend at Lear Corp

05/12/2021 05:56

09:45 AM EDT, 05/12/2021 (MT Newswires) -- On May 11, 2021, Director, Jonathan F Foster, executed a sale of 2,700 shares in Lear Corp (LEA) for $507,105. Foster, following the transactions delineated in the Form 4 SEC filing, has 6,926 company shares, with a market value, based on the prior-day closing price, of $1.29 million.

In the 90 days prior to the date of this filing, there have been 3 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 41,500 company shares by insiders. In the preceding 90-day window of time, there were 30 transactions from 8 insiders which resulted in the net acquisition of 17,927 shares.

This level of insider transactions is lower than the peer group average in the 36-company Auto, Truck & Motorcycle Parts peer group over the last 90-day period. Activity in the peer group averaged 104.7 transactions per company, and disposition of 46,098 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/842162/000120919121031956/xslF345X03/doc4.xml

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