Director at LKQ CORP (LKQ) receives 5,705 share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powell Michael Scott reported acquisition or exercise transactions in this Form 4 filing.
LKQ CORP director Michael Scott Powell received an equity award of 5,705 restricted stock units of common stock on May 6, 2026. The award was recorded at a price of $0.00 per share, reflecting compensation rather than an open-market purchase. Following this grant, his directly held common stock position increased to 10,998 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Powell Michael Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,705 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,998 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award: 5,705 shares
Grant price: $0.00 per share
Holdings after transaction: 10,998 shares
3 metrics
Equity award
5,705 shares
Restricted stock units of common stock granted May 6, 2026
Grant price
$0.00 per share
Recorded price for the restricted stock unit award
Holdings after transaction
10,998 shares
Total directly held LKQ CORP common stock after award
Key Terms
restricted stock units, grant, award, or other acquisition, non-derivative
3 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider transaction did LKQ (LKQ) report for Michael Scott Powell?
LKQ reported that director Michael Scott Powell received an award of 5,705 restricted stock units of common stock. This equity grant was recorded at $0.00 per share and increased his directly held common stock position to 10,998 shares after the transaction.
Was the LKQ (LKQ) Form 4 transaction an open-market buy or sell?
The Form 4 shows an acquisition coded as a grant or award, not an open-market buy or sell. Powell received 5,705 restricted stock units at $0.00 per share as compensation, which raised his directly owned common stock holdings to 10,998 shares.
How is the LKQ (LKQ) Form 4 transaction classified by the SEC code?
The transaction carries SEC code "A," described as a grant, award, or other acquisition. It involves 5,705 shares of LKQ CORP common stock as restricted stock units, acquired at $0.00 per share and held directly, bringing Powell’s post-transaction holdings to 10,998 shares.