Form 4: LKQ Corp Executive Sells Shares for Tax Withholding
Insider Transaction Report
LKQ Corporation's VP of Finance and Controller, Todd G. Cunningham, disposed of 615.772 shares of common stock at $38.28 per share to cover tax obligations related to restricted stock unit vesting.
Summary
- Todd G. Cunningham, VP, Finance and Controller of LKQ Corporation, disposed of 615.772 shares of LKQ common stock.
- The transaction occurred on July 14, 2025, at a price of $38.28 per share.
- The shares were withheld by LKQ Corporation to satisfy tax withholding requirements upon the vesting of restricted stock units.
- Following this transaction, Mr. Cunningham beneficially owns 18,457.599 shares of LKQ common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a routine compliance filing for a tax-related transaction, which is a common occurrence for executives receiving equity compensation and does not indicate any specific positive or negative sentiment about the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal impact on shareholders as it is a routine tax-related transaction by an executive, not indicative of a change in company fundamentals or strategy.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/14/2025 | Date of transaction for disposition of shares. |
| 07/16/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
LKQ Corp, SEC Form 4, insider transaction, restricted stock units, tax withholding, equity compensation, corporate finance, Todd G. Cunningham
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