LKQ (LKQ) director gets RSU award, shares withheld for taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
Key Figures
RSU award: 5,705 shares
Tax withholding shares: 1,252.8 shares
Withholding valuation price: $28.925 per share
+2 more
5 metrics
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)
Key Terms
restricted stock units, tax withholding, grant, award, or other acquisition, tax-withholding disposition, +1 more
5 terms
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"
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.
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.