BRYAN B. DEBOER - 02 Jan 2025 Form 4 Insider Report for LITHIA MOTORS INC (LAD)

Role
Chief Executive Officer
Signature
/s/ Kevin Cundick, Attorney-in-Fact
Issuer symbol
LAD
Transactions as of
02 Jan 2025
Net transactions value
-$4,594,763
Form type
4
Filing time
03 Jan 2025, 17:52:00 UTC
Previous filing
25 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAD Lithia Motors Inc Common Stock Award $0 +7,253 +4.2% $0.000000 181,698 02 Jan 2025 Direct F1
transaction LAD Lithia Motors Inc Common Stock Tax liability $4,594,763 -12,855 -7.1% $357.43 168,843 03 Jan 2025 Direct F2
holding LAD Lithia Motors Inc Common Stock 3,625 02 Jan 2025 Held by Son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest on January 1st of each of the following years: 2026, 2027, 2028.
F2 Shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.