LKQ (LKQ) SVP Michael S. Clark reports tax-withholding of 1,599.89 shares
Rhea-AI Filing Summary
LKQ CORP senior vice president Michael S. Clark reported a tax-related share disposition. On the vesting of restricted stock units, 1,599.89 shares of common stock were withheld by LKQ at $32.50 per share to cover required tax withholding. After this non-market transaction, Clark directly owned 110,974.648 shares of LKQ common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 1,599.89 shares
Net Sell
1 txn
Insider
Clark Michael S.
Role
SVP - Policy & Administration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,599.89 | $32.50 | $52K |
Holdings After Transaction:
Common Stock — 110,974.648 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.
FAQ
What did LKQ (LKQ) executive Michael S. Clark report in this Form 4?
Michael S. Clark reported a tax-withholding disposition related to restricted stock units. LKQ withheld 1,599.89 common shares at $32.50 per share to satisfy required tax withholding when his restricted stock units vested.
Was Michael S. Clark’s LKQ Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The filing states LKQ withheld 1,599.89 shares to pay tax withholding due on vesting restricted stock units, a standard administrative disposition rather than a discretionary market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.