LKQ Corp CEO has 7.8K shares withheld for taxes
LKQ’s President and CEO had shares withheld to cover taxes on vested restricted stock units, with over 358,000 shares remaining held directly.
Rhea-AI Filing Summary
LKQ CORP (LKQ) reported that President and CEO Justin L. Jude had 7,808.22 shares of common stock withheld on September 1, 2026 to pay required taxes upon the vesting of restricted stock units. The shares were withheld at $24.80 per share, leaving him with 358,335.824 shares held directly.
The filing states this was a tax-withholding transaction, not an open-market sale, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Tax Withholding: 7,808.22 shares
Tax Withholding
1 txn
Insider
Jude Justin L
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 7,808.22 | $24.80 | $194K |
Holdings After Transaction:
Common Stock — 358,335.824 shares (Direct)
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 withheld for taxes: 7,808.22 shares
Withholding price per share: $24.80 per share
Shares held after transaction: 358,335.824 shares
+1 more
4 metrics
Shares withheld for taxes
7,808.22 shares
Shares of common stock withheld on September 1, 2026 to pay tax withholding on vested RSUs
Withholding price per share
$24.80 per share
Price used for the tax-withholding disposition of 7,808.22 shares
Shares held after transaction
358,335.824 shares
Direct holdings of Justin L. Jude in LKQ common stock after the transaction
Tax-withholding transactions reported
1 transaction
Single Form 4 entry coded as payment of tax liability by withholding securities
Key Terms
restricted stock units, tax withholding amount, Rule 10b5-1
3 terms
restricted stock units financial
"required 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 amount financial
"to pay the tax withholding amount required upon the vesting"
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did LKQ (LKQ) report for President and CEO Justin L. Jude?
LKQ reported that Justin L. Jude had 7,808.22 shares of common stock withheld on September 1, 2026 to pay tax withholding due upon the vesting of restricted stock units. This was a tax-withholding entry, not an open-market purchase or sale.
Was Justin L. Jude’s LKQ (LKQ) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction; it reflects shares withheld by the issuer to satisfy tax withholding on restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.