LKQ Insider Report: RSU Tax-Withholding Reduces Holdings to 43,030.619 Shares
Rhea-AI Filing Summary
LKQ Corporation (LKQ) Form 4 shows an officer, John R. Meyne, reported a disposition on 09/02/2025 related to restricted stock units vesting. The filing states 1,133.67 shares were withheld by the issuer to satisfy tax withholding at a reported price of $32.24 per share. After the withholding, the reporting person beneficially owned 43,030.619 shares, held directly. The form is signed by an attorney-in-fact and includes an explanatory remark that the transaction represents shares withheld to pay required tax withholding upon RSU vesting.
Positive
- Transparent reporting of RSU tax withholding with explanation in the Form 4
- Post-transaction beneficial ownership is disclosed as 43,030.619 shares (direct)
Negative
- Disposition of 1,133.67 shares reduced direct holdings, though described as tax withholding rather than a sale
- Price reported $32.24 for the withheld shares, which may affect reported average cost basis (no further detail provided)
Insights
TL;DR: Officer reported RSU tax-withholding; small disposition reduced direct holdings to 43,030.619 shares.
This Form 4 discloses a routine administrative disposition where 1,133.67 shares were withheld by the issuer at $32.24 to cover tax obligations on vested restricted stock units. The filing names John R. Meyne as the reporting person and indicates direct ownership of 43,030.619 shares after the transaction. There is no indication of open-market selling or other transfers; the transaction is described explicitly as tax withholding on vesting.
TL;DR: Disclosure is complete for this event; it records an officer-level RSU withholding, a common post-vesting administrative action.
The Form 4 properly identifies the reporter, title (President of Wholesale - NA), relationship to the issuer, transaction date, transaction code F(1) and includes an explanatory remark clarifying the nature of the disposition. The signature by an attorney-in-fact is provided. The disclosure meets Section 16(a) requirements for reporting changes in beneficial ownership tied to RSU vesting.