Meyne John R 4
Research Summary
AI-generated summary
LKQ Pres. John R. Meyne Receives 25,507-Share RSU Award
What Happened
- John R. Meyne, President of Wholesale — North America at LKQ Corp (LKQ), was granted an award of 25,507 restricted stock units (RSUs) on 2026-02-20 valued at $33.33 per share (total ≈ $850,021). Separately, 1,470.78 shares were withheld on 2026-02-19 at $33.09 per share to satisfy tax withholding obligations (value ≈ $48,668).
Key Details
- Grant (acquisition): 25,507 RSUs @ $33.33 on 2026-02-20 — total value ≈ $850,021 (code A).
- Withholding (disposition for taxes): 1,470.78 shares @ $33.09 on 2026-02-19 — value ≈ $48,668 (code F).
- Footnotes: F1 = shares withheld by the issuer to pay required tax withholding upon RSU vesting; F2 = award of restricted stock units.
- Shares owned after these transactions: Not specified in the provided filing.
- Filing timeliness: Form 4 was filed on 2026-02-23; this falls within the normal SEC reporting window for these dates (timely).
Context
- This report reflects an RSU award and the routine withholding of shares to cover taxes — the withholding is not an open-market sale and does not necessarily signal a decision to reduce holdings. Grants (RSU awards) are acquisitions by the insider and are often part of compensation.