STOCK TITAN

LKQ Insider Report: 1,748.72 Shares Withheld for Taxes at $32.24

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Matthew J. McKay, SVP and General Counsel of LKQ Corporation, reported a non-derivative disposition of 1,748.72 common shares on 09/02/2025. The report states these shares were withheld by the issuer to satisfy tax withholding upon vesting of restricted stock units. After the withholding, Mr. McKay beneficially owned 109,461.645 shares. The disposition price per share was $32.24. The filing is a routine insider reporting of RSU vesting and tax-withholding rather than an open-market sale.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine RSU vesting with shares withheld for taxes; not a directional open-market sale.

This Form 4 documents the withholding of shares to cover tax obligations on RSU vesting rather than an active disposition to raise cash. The number withheld (1,748.72) is modest relative to the remaining beneficial ownership (109,461.645), suggesting this event is administrative and does not materially change insider stake or signal a change in ownership control.

TL;DR: Compliance-focused disclosure showing tax withholding on equity compensation; standard corporate practice.

The filing appropriately reports the withholding transaction and lists the reporter's role as SVP-General Counsel. The explanation explicitly states the shares were withheld to pay required taxes upon RSU vesting, meeting Section 16 reporting obligations. There is no indication of extraordinary governance events or material transfers.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McKay Matthew J

(Last) (First) (Middle)
C/O LKQ CORPORATION
5846 CROSSINGS BLVD.

(Street)
ANTIOCH TN 37013

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LKQ CORP [ LKQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP - General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/02/2025 F(1) 1,748.72 D $32.24 109,461.645 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction represents shares withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units.
Remarks:
/s/ Matthew J. McKay 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did LKQ insider Matthew J. McKay report on Form 4?

The report discloses a disposition of 1,748.72 LKQ common shares on 09/02/2025 related to tax withholding for RSU vesting.

Why were 1,748.72 LKQ shares disposed according to the filing?

The filing explains the shares were withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units.

What was Matthew J. McKay's beneficial ownership after the reported transaction?

After the withholding, the filing shows beneficial ownership of 109,461.645 common shares.

At what price were the withheld LKQ shares recorded?

The transaction lists a per-share price of $32.24 for the shares withheld.

What is Matthew J. McKay's role at LKQ as stated on the Form 4?

He is listed as SVP - General Counsel and the filing indicates he is an officer of the issuer.
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