LKQ CORP (LKQ) CFO sees 314 shares withheld to cover tax bill
Rhea-AI Filing Summary
LKQ CORP reported that SVP and CFO Rick Galloway had 314.407 shares of common stock withheld on 2026-07-14 to pay tax obligations upon the vesting of restricted stock units. The shares were withheld by the issuer, and Galloway now holds 97,792.955 shares of common stock directly.
Positive
- None.
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Insider Trade Summary
Net Seller: 314.407 shares
Net Sell
1 txn
Insider
Galloway Rick
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 314.407 | $25.19 | $8K |
Holdings After Transaction:
Common Stock — 97,792.955 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 taxes: 314.407 shares
Withholding price per share: $25.1900 per share
Shares held after transaction: 97,792.955 shares
+1 more
4 metrics
Shares withheld for taxes
314.407 shares
Tax-withholding disposition of common stock on 2026-07-14
Withholding price per share
$25.1900 per share
Value used for the tax-withholding disposition
Shares held after transaction
97,792.955 shares
Direct common stock ownership by CFO Rick Galloway after withholding
Tax-withholding transactions in filing
1
Number of F-code tax-withholding dispositions reported
Key Terms
restricted stock units, tax withholding amount, shares withheld by the issuer
3 terms
restricted stock units financial
"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 amount financial
"to pay the tax withholding amount required upon the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LKQ (LKQ) report for CFO Rick Galloway?
LKQ reported that CFO Rick Galloway had 314.407 shares of common stock withheld on 2026-07-14 to cover tax obligations tied to the vesting of restricted stock units, leaving him with 97,792.955 shares held directly.
Was the July 14, 2026 LKQ (LKQ) CFO transaction an open-market sale?
No. The transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to satisfy required tax withholding when restricted stock units vested for CFO Rick Galloway.