Urbain Xavier 4

What Happened

• Urbain Xavier, a director of LKQ Corp (LKQ), was granted 5,705 restricted stock units (RSUs) on May 6, 2026 (reported as an award, code A). Concurrently, 1,252.8 shares were withheld by the issuer to satisfy the tax withholding requirement upon vesting (code F). The withheld shares were reported at an average price of $28.93, representing $36,237 withheld for taxes. The Form 4 was filed on May 8, 2026.

Key Details

• Transaction dates: May 6, 2026 (award and withholding); Form 4 filed May 8, 2026.
• Award: 5,705 RSUs (grant/award; reported acquisition at $0.00 per share as typical for RSU grants).
• Withholding: 1,252.8 shares withheld at $28.93 (average of high and low on the withholding date) for $36,237.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes: F1 confirms the grant was RSUs; F2 explains shares were withheld to cover tax withholding; F3 explains the $28.93 price is the average of the high and low trading price that day.
• Filing timeliness: Filed within two days of the transaction date (timely).

Context

• This is an equity award (not an open-market purchase or sale). RSU grants are common compensation for directors and executives; the withholding of shares to cover taxes is a routine administrative step and not the same as an intent to sell.