LKQ (LKQ) executive reports RSU award and tax-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LKQ CORP officer John R. Meyne reported mixed equity compensation activity involving company common stock. On February 20, 2026, he acquired 25,507 shares through an award of restricted stock units valued at $33.325 per share. This increased his directly held position to 66,560.679 shares.
On February 19, 2026, 1,470.78 shares were disposed of at $33.09 per share to cover tax withholding due upon vesting of previously granted restricted stock units, leaving 41,053.679 shares directly owned after that tax-related transaction. The filing characterizes this as payment of tax liability by delivering shares, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Meyne John R
Role
President of Wholesale - NA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,507 | $33.325 | $850K |
| Tax Withholding | Common Stock | 1,470.78 | $33.09 | $49K |
Holdings After Transaction:
Common Stock — 66,560.679 shares (Direct)
Footnotes (1)
- This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units. This transaction represents an award of restricted stock units.
FAQ
What insider transactions did LKQ (LKQ) executive John R. Meyne report?
John R. Meyne reported an award of 25,507 LKQ common shares as restricted stock units and a tax-withholding disposition of 1,470.78 shares. Both transactions involved common stock held directly as part of his equity compensation with LKQ CORP.
Was the LKQ (LKQ) insider transaction by John R. Meyne a stock sale?
The filing shows no open-market sale. Instead, 1,470.78 shares were surrendered to cover tax withholding on vesting restricted stock units, and 25,507 shares were granted as a new restricted stock unit award, increasing his overall direct equity position.
What do the restricted stock unit awards mean for LKQ (LKQ) executive compensation?
The Form 4 states that 25,507 shares represent an award of restricted stock units, a common equity-based incentive. These units typically vest over time, aligning the executive’s compensation more closely with LKQ CORP’s share performance and long-term shareholder value.
How were taxes handled on LKQ (LKQ) restricted stock vesting for John R. Meyne?
The filing notes that 1,470.78 LKQ shares were withheld by the issuer to pay required tax withholding upon restricted stock unit vesting. This in-kind tax payment reduces shares delivered to the executive without involving a market sale transaction.