Jude Justin L 4

What Happened

• Justin L. Jude, President & CEO and a director of LKQ Corp (LKQ), was granted 97,525 restricted stock units (RSUs) on 2026-02-20 valued at about $3,250,021 (priced at $33.33 per share). To cover tax withholding on vested units, 5,209.4 shares were surrendered/withheld on 2026-02-19 at $33.09 per share, totaling approximately $172,379. The award (A) is an acquisition of RSUs; the withholding (F) represents shares retained to satisfy tax obligations.

Key Details

• Transaction dates and prices:
  • 2026-02-19: 5,209.4 shares withheld for taxes at $33.09 each (disposed) — ~$172,379.
  • 2026-02-20: 97,525 RSUs awarded at $33.33 each (acquired) — ~$3,250,021.
• Shares owned after the transactions: not specified in the provided filing data.
• Footnotes: F1 indicates shares were withheld by the issuer to pay required tax withholding on RSU vesting; F2 confirms these were restricted stock unit awards.
• Filing: Report filed 2026-02-23 for transactions on 2026-02-19 and 2026-02-20; no late-filing flag was provided in the supplied information.

Context

• RSU grants are compensation and represent an acquisition of equity by the insider, while the withheld shares to cover taxes are a routine, non-market sale and should not be read as a discretionary sell decision. Purchases or open-market buys typically signal more direct insider confidence than compensation awards; this filing documents compensation-related issuance and standard tax withholding.