LKQ exec has 1,047 shares withheld for taxes
LKQ CORP SVP Michael S. Clark had shares withheld to cover taxes on RSU vesting, leaving him with about 110,000 directly held shares.
Rhea-AI Filing Summary
LKQ CORP (LKQ) reported that officer Michael S. Clark, Senior Vice President – Policy & Administration, had 1,047.25 shares of common stock withheld on September 1, 2026 to pay required tax withholding upon the vesting of restricted stock units. The shares were treated as a disposition at $24.80 per share, and Clark now holds 109,927.398 LKQ common shares directly.
Positive
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Negative
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Insider Trade Summary
Tax Withholding: 1,047.25 shares
Tax Withholding
1 txn
Insider
Clark Michael S.
Role
SVP - Policy & Administration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,047.25 | $24.80 | $26K |
Holdings After Transaction:
Common Stock — 109,927.398 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 tax: 1,047.25 shares
Per-share value for withholding: $24.80 per share
Shares held after transaction: 109,927.398 shares
3 metrics
Shares withheld for tax
1,047.25 shares
Common stock withheld on September 1, 2026 for tax withholding on RSU vesting
Per-share value for withholding
$24.80 per share
Valuation used for the tax-withholding disposition on September 1, 2026
Shares held after transaction
109,927.398 shares
Direct holdings of LKQ common stock by Michael S. Clark after the transaction
Key Terms
restricted stock units, withheld by the issuer, tax withholding amount
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.
withheld by the issuer financial
"shares withheld by the issuer to pay the tax withholding"
tax withholding amount financial
"to pay the tax withholding amount required upon the vesting"
FAQ
What insider transaction did LKQ (LKQ) report for Michael S. Clark?
LKQ reported that Michael S. Clark had 1,047.25 shares of common stock withheld on September 1, 2026 to pay tax withholding due upon the vesting of restricted stock units, recorded as a disposition at $24.80 per share.
Was the LKQ (LKQ) insider transaction a market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. The filing states the 1,047.25 shares were withheld by LKQ to pay the tax withholding amount required upon vesting of restricted stock units.
Was the LKQ (LKQ) insider transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction; the document-level checkbox for such a plan is not marked.
AI-generated analysis. How Rhea-AI works. Not financial advice.