McKay Matthew J 4
4 · LKQ CORP · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
LKQ SVP General Counsel Matthew McKay Receives RSU Award
What Happened Matthew J. McKay, Senior Vice President and General Counsel of LKQ Corp (LKQ), was awarded 25,507 restricted stock units (RSUs) on 2026-02-20 at an implied value of $33.33 per share (total ~$850,021). To cover tax withholding upon vesting, 1,492.65 shares were withheld/disposed on 2026-02-19 at $33.09 per share for proceeds of $49,392. The RSU award (code A) is a compensation grant; the withheld shares (code F) represent a routine tax-withholding action, not an open-market sale.
Key Details
- Award date: 2026-02-20 — 25,507 RSUs @ $33.33 each; reported value $850,021 (code A, footnote F2).
- Tax withholding: 2026-02-19 — 1,492.65 shares withheld @ $33.09 each; proceeds $49,392 (code F, footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: 2026-02-23 (appears to be filed timely relative to the reported transaction dates).
- Footnotes: F1 = shares withheld by issuer to satisfy tax withholding on RSU vesting. F2 = award of restricted stock units.
Context RSU awards are a form of compensation and do not necessarily signal a buy or sell intent in the open market. The withheld-share disposition is a standard cashless method to cover withholding taxes and is routine. No indication in the provided data of a 10b5-1 plan, gift, or option exercise.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-19$33.09/sh−1,492.65$49,392→ 107,968.995 total - Award
Common Stock
[F2]2026-02-20$33.33/sh+25,507$850,021→ 133,475.995 total
Footnotes (2)
- [F1]This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units.
- [F2]This transaction represents an award of restricted stock units.