Form 4: LKQ Corp Director Jody Miller Reports Acquisition and Disposal of Common Stock and Deferred Restricted Stock Units

Director Jody Miller reports acquiring deferred restricted stock units and disposing of common stock, resulting in an updated beneficial ownership position in LKQ Corp.

Summary

• On December 15, 2023, Jody Miller, a director of LKQ Corp, acquired 2,932 shares of common stock in the form of deferred restricted stock units at a price of $46.5453 per share.
• On May 7, 2024, Ms. Miller acquired 3,709 shares of common stock in the form of deferred restricted stock units at a price of $0.
• Following these transactions, Ms. Miller directly owns 26,348 shares of LKQ Corp.
• The filing also indicates that Ms. Miller elected to defer her cash fees for 2023, receiving deferred restricted stock units in lieu of cash.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of deferred restricted stock units by a director signals confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions can be influenced by various factors, including compensation plans and personal financial decisions.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company directors as it can provide insights into management's perspective on the company's value.

Key Dates