LKQ (NASDAQ: LKQ) CFO has shares withheld to cover RSU taxes from vesting
Rhea-AI Filing Summary
LKQ Corporation SVP and CFO Rick Galloway reported a routine tax-related share withholding transaction. On 01/14/2026, 663.95 shares of LKQ common stock were withheld by the company at a price of $33.41 per share to cover required taxes upon the vesting of restricted stock units, rather than sold in the open market.
Following this withholding, Galloway directly beneficially owned 73,936.042 shares of LKQ common stock. The filing reflects administrative handling of equity compensation rather than a discretionary share sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 663.95 shares
Net Sell
1 txn
Insider
Galloway Rick
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 663.95 | $33.41 | $22K |
Holdings After Transaction:
Common Stock — 73,936.042 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.
FAQ
Who is the insider involved in this LKQ (LKQ) Form 4 filing?
The filing reports a transaction by Rick Galloway, who serves as Senior Vice President and Chief Financial Officer of LKQ Corporation.
What type of transaction did LKQ (LKQ) CFO Rick Galloway report?
He reported a Code F transaction involving Common Stock, where shares were withheld by the issuer to satisfy tax withholding obligations on vested restricted stock units.
Was this LKQ (LKQ) insider transaction an open market sale?
No. According to the footnote, the transaction represents shares withheld by the issuer to pay required tax withholding upon restricted stock unit vesting, not an open market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.