Form 4: LKQ Corp Director Michael Powell Receives Restricted Stock Units
SEC Form 4 Filing
Director Michael Scott Powell received 1,117 restricted stock units of LKQ Corporation on February 5, 2025.
Summary
- On February 5, 2025, Michael Scott Powell, a director of LKQ Corporation, acquired 1,117 shares of common stock in the form of restricted stock units.
- The transaction was an award, and the price was $0.
- Following the transaction, Powell directly owns 1,117 shares of LKQ Corp common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (grant of restricted stock units) which is generally viewed neutrally to positively as it aligns director interests with shareholders.
Positives
- The award of restricted stock units to a director aligns their interests with those of the shareholders.
Industry Context
This is a standard practice for compensating and incentivizing board members in publicly traded companies.
Stakeholder Impact
- The award of restricted stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction: Michael Scott Powell acquired 1,117 restricted stock units. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
LKQ Corp, Michael Scott Powell, restricted stock units, Form 4, director, beneficial ownership, equity securities
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