LKQ (LKQ) director Berard has 1,252.8 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LKQ CORP director Patrick Berard reported a tax-related share disposition tied to equity compensation. On May 6, 2026, 1,252.8 shares of LKQ common stock were withheld by the company at an average price of $28.925 per share to cover required tax withholding upon the vesting of restricted stock units. After this transaction, Berard directly holds 18,377.5 shares of LKQ common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berard Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,252.8 | $28.925 | $36K |
Holdings After Transaction:
Common Stock — 18,377.5 shares (Direct, null)
Footnotes (1)
- This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units. The reported price represents the average of the high and low trading price of the Company's common stock on the date the shares were withheld.
Key Figures
Shares withheld for taxes: 1,252.8 shares
Average price per share: $28.925 per share
Shares held after transaction: 18,377.5 shares
3 metrics
Shares withheld for taxes
1,252.8 shares
Withheld on May 6, 2026 to cover RSU tax
Average price per share
$28.925 per share
Average of high and low trading prices on withholding date
Shares held after transaction
18,377.5 shares
Direct LKQ common stock ownership following tax withholding
Key Terms
restricted stock units, tax withholding amount, withheld by the issuer, Form 4
4 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 amount financial
"shares withheld by the issuer to pay the tax withholding amount"
withheld by the issuer financial
"This transaction represents shares withheld by the issuer"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LKQ (LKQ) director Patrick Berard report?
Patrick Berard reported a tax-related share disposition. On May 6, 2026, 1,252.8 LKQ common shares were withheld by the company to pay required taxes upon vesting of restricted stock units, rather than being sold in the open market.
Was Patrick Berard’s LKQ (LKQ) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The filing states the 1,252.8 shares were withheld by LKQ to pay required tax withholding upon vesting of restricted stock units, rather than being sold by Berard on the market.