LKQ exec has 2,484 shares withheld for taxes
LKQ’s President of Wholesale - NA had shares withheld to cover taxes on restricted stock vesting, with a sizable direct stake remaining.
Rhea-AI Filing Summary
LKQ CORP (LKQ) reported that John R. Meyne, President of Wholesale - NA, had 2,484.17 shares of common stock withheld on September 1, 2026 to pay required tax withholding upon the vesting of restricted stock units. This tax-withholding disposition left him holding 61,278.559 shares of LKQ common stock directly, and no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,484.17 shares
Tax Withholding
1 txn
Insider
Meyne John R
Role
President of Wholesale - NA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,484.17 | $24.80 | $62K |
Holdings After Transaction:
Common Stock — 61,278.559 shares (Direct)
Footnotes (1)
- F1. This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units.
Key Figures
Shares withheld for tax withholding: 2,484.17 shares
Per-share value for tax withholding: $24.80 per share
Shares held after transaction: 61,278.559 shares
+1 more
4 metrics
Shares withheld for tax withholding
2,484.17 shares
Common stock withheld on September 1, 2026 to cover tax on RSU vesting
Per-share value for tax withholding
$24.80 per share
Valuation of LKQ common stock for the tax-withholding disposition
Shares held after transaction
61,278.559 shares
Direct LKQ common stock holdings of John R. Meyne after September 1, 2026
Exercise price or tax-liability shares
2,484.17 shares
Total shares used for payment of tax liability reported in this Form 4
Key Terms
restricted stock units, tax withholding, withheld by the issuer
3 terms
restricted stock units financial
"required upon the vesting 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.
tax withholding financial
"to pay the tax withholding amount required upon the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
withheld by the issuer financial
"represents shares withheld by the issuer to pay the tax"
FAQ
What insider transaction did LKQ (LKQ) disclose for John R. Meyne?
LKQ disclosed that John R. Meyne had 2,484.17 shares of common stock withheld on September 1, 2026 to pay tax withholding due on vesting restricted stock units, a non-market disposition rather than an open-market sale.
Was the LKQ (LKQ) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 plan is reported for the September 1, 2026 tax-withholding disposition of shares related to restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.