LKQ (NASDAQ: LKQ) CFO gets stock award and withholds shares for tax
Rhea-AI Filing Summary
LKQ CORP Senior Vice President and CFO Rick Galloway reported two stock-related transactions. On February 20, 2026, he acquired 29,258 shares of common stock as a restricted stock unit award at a price of $33.325 per share, bringing his direct holdings to 101,618.962 shares. On February 19, 2026, 1,575.080 shares at $33.09 per share were withheld by the company to cover tax obligations upon vesting of restricted stock units, a non‑open‑market, tax‑withholding disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,682.92 shares
Net Buy
2 txns
Insider
Galloway Rick
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,258 | $33.325 | $975K |
| Exercise Price or Tax Liability | Common Stock | 1,575.08 | $33.09 | $52K |
Holdings After Transaction:
Common Stock — 101,618.962 shares (Direct)
Footnotes (2)
- F1. This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units.
- F2. This transaction represents an award of restricted stock units.
FAQ
What insider transactions did LKQ (LKQ) CFO Rick Galloway report?
Rick Galloway reported receiving a restricted stock unit award of 29,258 LKQ common shares and a separate withholding of 1,575.080 shares for taxes. Both transactions involve equity compensation rather than open-market buying or selling.
Was the LKQ (LKQ) CFO’s Form 4 transaction an open-market stock purchase or sale?
The filing shows no open-market trade. Galloway received 29,258 shares as a restricted stock unit award and had 1,575.080 shares withheld to cover tax obligations upon vesting, which is a non-market tax-withholding disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.