LKQ SVP Walter Hanley Withholds 2,377 Shares for Taxes

What Happened Walter P. Hanley, Senior Vice President - Development & Strategy at LKQ Corp (LKQ), had 2,377.11 shares withheld by the issuer to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withheld shares were valued at $24.80 each, totaling approximately $58,952. This is a routine tax-withholding disposition rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-01
• Price per share: $24.80; Shares withheld/disposed: 2,377.11; Notional value: $58,952
• Transaction code: F (tax withholding)
• Footnote: F1 — shares withheld by the issuer to pay required tax withholding upon RSU vesting
• Filing date: 2026-09-02 (filed the next day — timely under Form 4 rules)
• Shares owned after the transaction: not specified in the provided filing

Context This was a cashless tax-withholding event related to RSU vesting, meaning the company retained shares to cover the tax bill rather than the insider selling shares on the open market. Such withholdings are routine and typically do not signal the insider's view of the company's stock.