RSU tax withholding trims LKQ CORP (LKQ) VP Cunningham's share count
Rhea-AI Filing Summary
LKQ CORP VP, Finance and Controller Todd G. Cunningham reported a tax-withholding disposition of 443.444 shares of common stock on July 14, 2026. The shares were withheld by the issuer to cover taxes due upon the vesting of restricted stock units, leaving him with 21,874.875 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cunningham Todd G
Role
VP, Finance and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 443.444 | $25.19 | $11K |
Holdings After Transaction:
Common Stock — 21,874.875 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 443.444 shares
Reference price per share: $25.19
Shares owned after transaction: 21,874.875 shares
3 metrics
Shares withheld for taxes
443.444 shares
Common stock withheld to cover RSU vesting tax on July 14, 2026
Reference price per share
$25.19
Price per share used for the tax-withholding disposition
Shares owned after transaction
21,874.875 shares
Direct LKQ common stock holdings after the tax-withholding event
Key Terms
restricted stock units, tax withholding, withheld by the issuer
3 terms
restricted stock units financial
"tax withholding amount 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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LKQ (LKQ) executive Todd G. Cunningham report?
Todd G. Cunningham reported a tax-withholding disposition of 443.444 LKQ common shares. The shares were withheld by the issuer to pay required taxes upon vesting of restricted stock units, rather than sold in an open-market transaction.
What is the purpose of the F-code transaction in LKQ (LKQ) VP Cunningham's Form 4?
The F-code indicates payment of tax liability by delivering securities. In this case, LKQ withheld 443.444 shares from Cunningham upon RSU vesting to satisfy required tax withholding obligations.