Meg Divitto (NASDAQ: LKQ) awarded 5,705 LKQ restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LKQ CORP director Meg Divitto reported an award of 5,705 shares of common stock in the form of restricted stock units. The award was recorded at a transaction price of $0.00 per share and is classified as a grant or other acquisition. Following this award, Divitto directly holds 29,197 shares of LKQ common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Divitto Meg
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,705 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,197 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU award: 5,705 shares
Transaction price: $0.00 per share
Shares owned after grant: 29,197 shares
3 metrics
RSU award
5,705 shares
Restricted stock unit grant of LKQ common stock
Transaction price
$0.00 per share
Recorded price for RSU award
Shares owned after grant
29,197 shares
Direct LKQ common stock ownership following award
Key Terms
restricted stock units, grant, award, or other acquisition, Form 4
3 terms
restricted stock units financial
"The transaction represents an award of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LKQ (LKQ) director Meg Divitto report?
Meg Divitto reported receiving an award of 5,705 LKQ common shares as restricted stock units. The transaction is classified as a grant or other acquisition and was recorded at a price of $0.00 per share, increasing her direct ownership to 29,197 shares.
Was Meg Divitto’s LKQ stock award an open-market purchase or a grant?
Meg Divitto’s LKQ transaction was a grant of restricted stock units, not an open-market purchase. The Form 4 identifies it with code “A” as a grant, award, or other acquisition, and the filing shows a transaction price of $0.00 per share for the 5,705 shares.
What does the footnote in Meg Divitto’s LKQ Form 4 filing explain?
The footnote explains that the transaction represents an award of restricted stock units. This clarifies that the 5,705 LKQ common shares reported are tied to restricted stock units rather than a cash purchase, consistent with the grant classification in the Form 4 data.