Equity award and tax withholding for LKQ (LKQ) CEO Jude
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LKQ CORP President and CEO Justin L. Jude reported equity-related transactions in company common stock. He acquired 97,525 shares on an award of restricted stock units at $33.325 per share. In a separate transaction, 5,209.4 shares were disposed of at $33.09 per share to satisfy tax withholding upon vesting of restricted stock units. Following these transactions, he directly owned 375,035.184 shares of LKQ common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jude Justin L
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 97,525 | $33.325 | $3.25M |
| Tax Withholding | Common Stock | 5,209.4 | $33.09 | $172K |
Holdings After Transaction:
Common Stock — 375,035.184 shares (Direct)
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) CEO Justin L. Jude report?
Justin L. Jude reported an award of restricted stock units covering 97,525 shares of LKQ common stock and a related tax-withholding disposition of 5,209.4 shares, both tied to his equity compensation, rather than open-market buying or selling activity.
How large was Justin L. Jude’s equity award reported in this LKQ Form 4?
He received an award of restricted stock units covering 97,525 shares of LKQ common stock, valued for reporting purposes at a price of $33.325 per share, reflecting a significant component of his compensation as President and CEO rather than a cash bonus.
Were Justin L. Jude’s LKQ transactions open-market buys or sells?
No, the filing shows no open-market buys or sells. The acquisition was a grant of restricted stock units, while the disposition was shares withheld to cover tax obligations upon vesting, both standard equity compensation-related transactions rather than discretionary trading decisions.
What do the Form 4 footnotes explain about the LKQ CEO’s transactions?
The footnotes clarify that the 97,525-share entry is an award of restricted stock units and the 5,209.4-share disposition reflects shares withheld by LKQ to pay tax withholding due at vesting, helping distinguish these events from ordinary market purchases or sales.