LKQ Corp (LKQ) SVP awarded stock units and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LKQ CORP senior vice president Walter P. Hanley reported equity compensation and related tax withholding transactions. He received a grant of 21,606 shares of common stock as an award of restricted stock units at no cost, and 1,442.37 shares were withheld by the company at $33.09 per share to cover tax obligations upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hanley Walter P
Role
SVP - Development & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,606 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,442.37 | $33.09 | $48K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 126,574.484 shares (Direct);
Common Stock — 113,851 shares (Indirect, By reporting person's trust)
Footnotes (1)
- This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units. This transaction represents an award of restricted stock units.
FAQ
What insider transactions did LKQ (LKQ) disclose for Walter P. Hanley?
LKQ disclosed that SVP Walter P. Hanley received 21,606 shares of common stock through an award of restricted stock units and had 1,442.37 shares withheld by the company to satisfy tax obligations tied to vesting, according to the Form 4 filing details.
Was the LKQ (LKQ) Form 4 transaction a stock purchase or sale?
The Form 4 for LKQ shows an equity award and a tax-withholding disposition, not an open-market buy or sell. Hanley received 21,606 shares as a restricted stock unit award, while 1,442.37 shares were withheld by the issuer to cover required tax withholding on vesting.
What does the LKQ (LKQ) Form 4 say about indirect holdings for Walter P. Hanley?
The Form 4 lists indirect ownership of LKQ common stock through a trust for the reporting person and a separate trust for his wife. These lines reflect holdings, not new transactions, and show shares attributed to those trusts as part of his overall reported beneficial ownership.
What role does Walter P. Hanley hold at LKQ (LKQ) in this Form 4?
In this Form 4, Walter P. Hanley is identified as an officer of LKQ, serving as Senior Vice President of Development & Strategy. The filing reports his direct equity award, related tax withholding, and indirect holdings through trusts, as required under insider reporting rules.