Hanley Walter P 4
4 · LKQ CORP · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
LKQ SVP Walter P. Hanley Receives RSU Award; Shares Withheld
What Happened
- Walter P. Hanley, SVP — Development & Strategy at LKQ Corp (LKQ), received a grant of 21,606 restricted stock units (RSUs) on 2026-02-20 (acquired at $0.00 per share).
- Separately, on 2026-02-19, 1,442.37 shares were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting; those withheld shares were valued at $33.09 each, totaling $47,728. The withholding is a disposition to the company to pay taxes, not an open-market sale.
Key Details
- Transaction dates: 2026-02-19 (tax withholding) and 2026-02-20 (RSU award).
- Withheld shares: 1,442.37 shares at $33.09 each — $47,728 total.
- Award: 21,606 RSUs granted on 2026-02-20 (acquired at $0.00).
- Shares owned after the transactions: not specified in the filing.
- Footnotes: F1 = shares withheld to pay tax withholding upon RSU vesting; F2 = award of restricted stock units.
- Filing: Form 4 filed 2026-02-23 reporting the Feb 19–20 transactions (filed within the typical 2-business-day window).
Context
- RSU grants (code A) represent compensation awards that typically vest over time; they are acquisitions on the Form 4 but are not open-market purchases.
- The withholding (code F) is a common administrative disposition to cover taxes and does not necessarily indicate an intent to sell shares on the market.
Insider Transaction Report
Form 4
LKQ CORPLKQ
Hanley Walter P
SVP - Development & Strategy
Transactions
- Tax Payment
Common Stock
[F1]2026-02-19$33.09/sh−1,442.37$47,728→ 104,968.484 total - Award
Common Stock
[F2]2026-02-20+21,606→ 126,574.484 total
Holdings
- 113,851(indirect: By Trust)
Common Stock
- 113,850(indirect: By Trust)
Common Stock
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.
Signature
/s/ Matthew J. McKay, Attorney-in-fact|2026-02-23