LKQ exec has 2,377 shares withheld for taxes
LKQ’s SVP for Development & Strategy used 2,377.11 shares to cover taxes on RSU vesting and continues to hold substantial direct and trust-based positions.
Rhea-AI Filing Summary
LKQ CORP (LKQ) reports that senior vice president Walter P. Hanley had 2,377.11 shares of common stock withheld on September 1, 2026 to pay required tax withholding upon the vesting of restricted stock units, at a reported value of $24.80 per share. After this tax-withholding disposition, he holds 120,849.784 shares directly, plus 113,851 shares held indirectly by his trust and 113,850 shares held indirectly by his wife’s trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,377.11 shares
Tax Withholding
3 txns
Insider
Hanley Walter P
Role
SVP - Development & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,377.11 | $24.80 | $59K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 120,849.784 shares (Direct);
Common Stock — 113,851 shares (Indirect, By reporting person's trust);
Common Stock — 113,850 shares (Indirect, By wife's trust)
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 used for tax withholding: 2,377.11 shares
Per-share value for withholding: $24.80 per share
Direct holdings after transaction: 120,849.784 shares
+3 more
6 metrics
Shares used for tax withholding
2,377.11 shares
Common stock withheld on September 1, 2026 to pay RSU tax withholding
Per-share value for withholding
$24.80 per share
Value applied to the 2,377.11 withheld shares on September 1, 2026
Direct holdings after transaction
120,849.784 shares
LKQ common stock held directly by Walter P. Hanley after September 1, 2026 transaction
Indirect holdings by reporting person’s trust
113,851 shares
LKQ common stock held indirectly by Walter P. Hanley’s trust after September 1, 2026
Indirect holdings by wife’s trust
113,850 shares
LKQ common stock held indirectly by Walter P. Hanley’s wife’s trust after September 1, 2026
Transaction date
September 1, 2026
Date of tax-withholding disposition related to RSU vesting
Key Terms
restricted stock units, tax withholding, indirect ownership
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 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.
indirect ownership financial
"shares held indirectly by his trust and by his wife’s trust"
FAQ
What transaction did LKQ (LKQ) executive Walter P. Hanley report on this Form 4?
He reported a tax-withholding disposition of 2,377.11 LKQ common shares on September 1, 2026. The shares were withheld by the issuer to pay the tax withholding amount required when his restricted stock units vested.
Was Walter P. Hanley’s LKQ (LKQ) transaction under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan is reported for the September 1, 2026 tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.