LKQ (LKQ) VP Todd G. Cunningham Withholds Shares for Taxes

What Happened

• Todd G. Cunningham, VP, Finance and Controller at LKQ Corp (LKQ), had 313.2 shares withheld by the issuer to cover tax withholding related to the vesting of restricted stock units (RSUs). The withholding was recorded at $24.80 per share for a total value of $7,767. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-09-01 (reported on Form 4 filed 2026-09-02)
• Price used for withholding: $24.80 per share
• Shares withheld/disposed: 313.2 shares, total ≈ $7,767
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt
• Footnote: F1 — shares were withheld by the issuer to pay required tax withholding upon RSU vesting (transaction code F)
• Filing timeliness: Report appears timely (filed the next day); no late filing indicated

Context

• This was a tax-withholding action tied to RSU vesting (issuer withheld shares to satisfy tax obligations). Such transactions are administrative and generally do not signal insider sentiment about the company’s stock. For full ownership details or additional transactions, consult the complete Form 4 filing (accession 0001214659-26-011384).