4Filed Sep 1, 8:00 PM ET
LKQ Corp (LKQ) SVP Michael S. Clark Withholds Shares for Taxes
$LKQ · LKQ CORPResearch Summary
AI-generated summary of this SEC filing
LKQ Corp (LKQ) SVP Michael S. Clark Withholds Shares for Taxes
What Happened
- Michael S. Clark, SVP — Policy & Administration at LKQ, had 1,047.25 shares withheld by the company to satisfy the tax withholding due upon the vesting of restricted stock units. The withholding was calculated at $24.80 per share for a total value of $25,972. This was a routine tax-withholding disposition of vested RSUs, not an open-market sale.
Key Details
- Transaction date: 2026-09-01; price used: $24.80 per share; total value: $25,972.
- Transaction code: F (payment of exercise price or tax liability); footnote F1: shares were withheld by the issuer to pay required tax withholding on RSU vesting.
- Filing date: 2026-09-02 (filed one business day after the transaction; within the typical 2-business-day Form 4 window).
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a tax-withholding event tied to RSU vesting (a common, administrative disposition). Such withholdings are routine and generally do not signal an insider's buy/sell decision or change in sentiment.