Form 4: LKQ Corp Director Zarcone Reports Stock Transactions
SEC Form 4
Director Dominick P Zarcone reports acquisition and disposal of LKQ Corp common stock related to vesting of restricted stock units.
Summary
- Dominick P Zarcone, a director of LKQ Corporation, reported transactions involving the company's common stock on February 20, 2025.
- Zarcone acquired 12,413.376 shares of common stock upon the vesting of performance-based restricted stock units at a price of $0.
- Simultaneously, Zarcone disposed of 9,121.771 shares of common stock at $41.59 per share to cover tax withholding obligations.
- Following these transactions, Zarcone directly owns 362,753.635 shares of LKQ Corp common stock and indirectly owns 1,600 shares through his wife.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports stock transactions related to executive compensation.
Positives
- The vesting of performance-based restricted stock units suggests the achievement of certain performance goals.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock acquisition and disposal. |
| 02/24/2025 | Date of signature for the report. |
Keywords
LKQ Corp, Form 4, Director, Zarcone, Stock, Restricted Stock Units, Vesting, Tax Withholding
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