Form 4: LKQ CFO Rick Galloway Discloses Routine Stock Transaction for Tax Withholding

LKQ Corporation's SVP and CFO, Rick Galloway, reported the disposition of 585.529 shares of common stock at $38.28 per share, a routine transaction for tax withholding related to restricted stock unit vesting.

Summary

• Rick Galloway, SVP and CFO of LKQ Corporation, reported a transaction on July 14, 2025.
• The transaction involved the disposition of 585.529 shares of LKQ Common Stock.
• The shares were withheld by LKQ Corporation to cover tax withholding obligations upon the vesting of restricted stock units.
• The price per share for the withheld stock was $38.28.
• Following this transaction, Rick Galloway beneficially owns 76,682.392 shares of LKQ Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding related to restricted stock unit vesting, which is a neutral event from an investment perspective. It is not a discretionary sale or purchase, indicating no specific positive or negative sentiment from the insider regarding the company's future prospects.

Positives

• The transaction represents the vesting of restricted stock units, which is a positive event for the executive as it signifies earned compensation.
• The disposition of shares was for tax withholding purposes, indicating a non-discretionary transaction rather than a sale based on insider sentiment.

Negatives

• The transaction resulted in a reduction of 585.529 shares from the executive's direct beneficial ownership, although this was for tax purposes.

Future Outlook

NA

Industry Context

This is a routine insider transaction disclosure (Form 4) for an executive at LKQ Corporation, a global provider of alternative and specialty parts. Such filings are standard for publicly traded companies and do not typically reflect broader industry trends or competitive dynamics, but rather individual executive compensation and tax compliance.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax-related transaction, not a discretionary sale indicating a change in insider sentiment.
• Employees: No direct impact beyond the executive involved.

Key Dates

Keywords

LKQ Corporation, LKQ, Rick Galloway, Form 4, SEC filing, insider transaction, restricted stock units, tax withholding, common stock, executive compensation