Vanguard (LKQ) disaggregates holdings after Jan 12, 2026 realignment

Rhea-AI Filing Summary

LKQ Corp ownership disclosure: The Vanguard Group amended its Schedule 13G to report 0 shares beneficially owned and 0% of the class as reported in the filing. The amendment explains an internal realignment on January 12, 2026 that disaggregated subsidiaries and business divisions for separate reporting.

The filing states the disaggregated entities pursue the same investment strategies previously managed by The Vanguard Group and that Vanguard no longer is deemed to beneficially own the securities of those subsidiaries or divisions.

Insights

Institutional Ownership Analyst

Amendment reflects reporting reallocation, not an economic sale.

The filing shows 0 shares and 0% beneficial ownership after Vanguard's internal realignment effective January 12, 2026. The change is a reporting reclassification under SEC Release No. 34-39538 rather than a disclosed transfer of economic interest.

Cash‑flow treatment or any trading by the disaggregated subsidiaries is not stated in the excerpt; subsequent filings by those entities could show where the economic holdings now reside.

Corporate Governance Expert

Administrative disclosure clarifies voting/dispositive powers post-realignment.

The Schedule 13G/A lists all voting and dispositive powers as 0, and the narrative cites reliance on SEC Release No. 34-39538 for separate reporting by subsidiaries/divisions. This indicates a change in reported beneficial ownership attribution, not a change in LKQ's shareholder base described here.

Monitor future 13G/A filings from the named subsidiaries or business divisions for restoration of disclosed ownership amounts or reattribution of voting power.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 12)

LKQ Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

501889208

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 501889208

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LKQ Corp
(b)	Address of issuer's principal executive offices: 500 West Madison Street, Suite 2800, Chicago, IL, 60661
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/27/2026

FAQ

What does Vanguard's Schedule 13G/A amendment for LKQ (LKQ) state?

It states The Vanguard Group reports 0 shares and 0% beneficial ownership of LKQ after an internal realignment on January 12, 2026. The filing attributes separate reporting to disaggregated subsidiaries or business divisions.

Does the amendment indicate Vanguard sold its LKQ shares?

No. The amendment attributes the change to an internal realignment and disaggregation under SEC Release No. 34-39538, not to a disclosed sale. The filing shows reporting reallocation rather than an explicit economic disposition.

What voting and dispositive powers does Vanguard report for LKQ?

The filing reports 0 for sole and shared voting power and 0 for sole and shared dispositive power, consistent with the reported 0 shares beneficially owned following the internal realignment.

When did Vanguard's internal realignment occur per the filing?

The filing states the internal realignment occurred on January 12, 2026, and subsequent reporting is disaggregated by subsidiaries or business divisions in reliance on SEC Release No. 34-39538.

Will LKQ ownership by Vanguard appear elsewhere after disaggregation?

Possibly. The filing says certain subsidiaries/divisions will report beneficial ownership separately; those separate Schedule 13G/A filings may show ownership held by those entities rather than by The Vanguard Group parent.