Director Stacy Congdon Loretz Acquires 715 Restricted Stock Units in Lithia Motors
2026-05-01SEC Filing 4 (0001382319-26-000004)
Stacy Congdon Loretz, a director of Lithia Motors Inc (NYSE: LAD), acquired 715 restricted stock units (RSUs) on April 30, 2026. Each RSU represents a contingent right to receive one share of Common Stock. The acquisition was made at $0.00 per share, which is typical for RSU grants that vest over time. Following this transaction, the director's total holdings increased to 2,450 shares of Lithia Motors Common Stock. The filing was signed by Kevin Cundick as Attorney-in-Fact on May 1, 2026. The transaction was reported on a Form 4 filing, which is required for insiders to report changes in their ownership positions. This type of equity compensation is commonly used by companies to align director interests with shareholder value creation.