LKQ (LKQ) director receives deferred restricted stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CLARKE ANDREW C reported acquisition or exercise transactions in this Form 4 filing.
LKQ CORP director Andrew C. Clarke reported receiving equity-based compensation rather than making open-market trades. On May 6, 2026, he was awarded 5,705 deferred restricted stock units tied to his decision to defer his cash fees for year 2026.
He also received an additional 2,744 deferred restricted stock units, with the share count based on the $28.925 average of the high and low trading prices of LKQ common stock on the grant date. These awards reflect compensation and fee deferral, not stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CLARKE ANDREW C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,744 | $28.925 | $79K |
| Grant/Award | Common Stock | 5,705 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,345 shares (Direct, null)
Footnotes (1)
- Mr. Clarke elected to defer his cash fees for year 2026 and to have such deferred cash fees credited as deferred restricted stock units; and this transaction represents an award of deferred restricted stock units relating to such election. The reported price represents the average of the high and low trading price of the Company's common stock on the date the award was granted, which was used to determine the number of related deferred stock units. The transaction represents an award of deferred restricted stock units.
Key Figures
Deferred RSU award from 2026 fee deferral: 5,705 units
Additional deferred RSU award: 2,744 units
Grant-date pricing reference: $28.925 per share
3 metrics
Deferred RSU award from 2026 fee deferral
5,705 units
Deferred restricted stock units tied to deferral of 2026 cash fees
Additional deferred RSU award
2,744 units
Award of deferred restricted stock units granted on May 6, 2026
Grant-date pricing reference
$28.925 per share
Average of high and low LKQ common stock prices used to determine 2,744 units
Key Terms
deferred restricted stock units, deferred cash fees, average of the high and low trading price
3 terms
deferred restricted stock units financial
"this transaction represents an award of deferred restricted stock units relating to such election"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
deferred cash fees financial
"elected to defer his cash fees for year 2026 and to have such deferred cash fees credited"
average of the high and low trading price financial
"The reported price represents the average of the high and low trading price of the Company's common stock"
FAQ
What did LKQ (LKQ) director Andrew C. Clarke report in this Form 4?
Andrew C. Clarke reported receiving equity-based compensation awards, not open-market trades. He was granted deferred restricted stock units in LKQ CORP common stock on May 6, 2026, reflecting compensation and fee-deferral arrangements rather than buying or selling shares for cash.
How many LKQ (LKQ) deferred restricted stock units did Andrew C. Clarke receive?
Andrew C. Clarke received two awards of deferred restricted stock units. One award covered 5,705 units linked to his 2026 cash fee deferral, and another covered 2,744 units determined using LKQ’s average high-low trading price on the grant date, totaling 8,449 units reported.
How was the 2,744-unit LKQ (LKQ) award to Andrew C. Clarke calculated?
The 2,744 deferred restricted stock units were based on the average of LKQ’s high and low trading prices on the grant date. That average price was $28.925 per share, and it was used solely to determine the number of deferred stock units credited to Clarke’s account.