secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001023128-26-000010
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithia Motors board removes size cap, sets board at 10 directors for 2026 AGM
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- Board removed the upper limit on the size of the Board of Directors.
- Exact number of directors will be fixed from time to time by Board resolution.
- Board set the size at 10 directors effective for the 2026 Annual Meeting of Shareholders.
- Amendment to Amended and Restated Bylaws approved and effective February 19, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312826000010/0001023128-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312826000010/lad-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001023128-26-000010

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