STOCK TITAN

LKQ (LKQ) director gets RSU award, shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LKQ CORP director Xavier Urbain received an equity award and related tax withholding adjustment. On May 6, 2026, he was granted 5,705 shares of Common Stock as an award of restricted stock units. On the same date, 1,252.8 shares were withheld by the company to cover required tax withholding upon vesting, at an average price of $28.925 per share. After these transactions, Urbain directly holds 39,374.3 shares of LKQ common stock.

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Insider Urbain Xavier
Role null
Type Security Shares Price Value
Grant/Award Common Stock 5,705 $0.00 --
Tax Withholding Common Stock 1,252.8 $28.925 $36K
Holdings After Transaction: Common Stock — 39,374.3 shares (Direct, null)
Footnotes (1)
  1. The transaction represents an award of restricted stock units. 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.
RSU award 5,705 shares Grant of common stock as restricted stock units on May 6, 2026
Tax withholding shares 1,252.8 shares Shares withheld to cover tax on RSU vesting, May 6, 2026
Withholding valuation price $28.925 per share Average of high and low LKQ trading prices on withholding date
Shares held after award 39,374.3 shares Direct LKQ common stock ownership after reported transactions
Net acquire/dispose counts 1 acquire, 1 dispose One RSU grant (A) and one tax-withholding disposition (F)
restricted stock units financial
"The transaction represents an award 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
"shares withheld by the issuer to pay the tax withholding amount required"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
average of the high and low trading price financial
"The reported price represents the average of the high and low trading price"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Urbain Xavier

(Last)(First)(Middle)
C/O LKQ CORPORATION
5846 CROSSINGS BLVD.

(Street)
ANTIOCH TENNESSEE 37013

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LKQ CORP [ LKQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026A(1)5,705A$039,374.3D
Common Stock05/06/2026F(2)1,252.8D$28.925(3)38,121.5D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transaction represents an award of restricted stock units.
2. This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units.
3. 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.
Remarks:
/s/ Matthew J. McKay, Attorney-in-fact05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did LKQ (LKQ) director Xavier Urbain report?

LKQ director Xavier Urbain reported a grant of 5,705 shares of common stock as restricted stock units and a related tax-withholding disposition of 1,252.8 shares on May 6, 2026. Both transactions are compensation-related, not open-market trades.

How many LKQ (LKQ) shares were granted to Xavier Urbain in this Form 4?

Xavier Urbain was granted 5,705 shares of LKQ common stock as an award of restricted stock units. The award was recorded at a price of $0.00 per share, reflecting a compensation grant rather than a purchase in the open market.

Why were 1,252.8 LKQ (LKQ) shares disposed of in Urbain’s filing?

The 1,252.8 shares were withheld by LKQ to pay required tax withholding upon the vesting of restricted stock units. This is a tax-withholding disposition (code F), not an open-market sale, and uses the average high-low price of $28.925 on the withholding date.

What is Xavier Urbain’s LKQ (LKQ) share ownership after these transactions?

After the restricted stock unit award and related tax withholding, Xavier Urbain directly holds 39,374.3 shares of LKQ common stock. This figure reflects his updated direct ownership position immediately following the May 6, 2026 transactions reported in the Form 4.

Are Urbain’s LKQ (LKQ) transactions open-market buys or sells?

No, the reported transactions are not open-market buys or sells. One entry is a grant or award acquisition of 5,705 shares (code A), and the other is a tax-withholding disposition of 1,252.8 shares (code F) tied to restricted stock unit vesting.

What does the $28.925 price mean in LKQ (LKQ) director Urbain’s Form 4?

The $28.925 price is the average of LKQ’s high and low trading prices on the date shares were withheld for taxes. It is used solely to value the 1,252.8 shares withheld for tax withholding on vested restricted stock units, not to indicate an open-market trade price.