Form 4: LKQ Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Genevieve L. Dombrowski, SVP of Human Resources at LKQ Corp, disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 3, 2024, Genevieve L. Dombrowski, SVP of Human Resources at LKQ Corporation, disposed of 600.087 shares of common stock.
- The shares were sold at a price of $41.35 per share to cover tax withholding requirements upon the vesting of restricted stock units.
- Following the transaction, Dombrowski directly owns 24,428.863 shares of LKQ Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Sale of shares to cover tax obligations. |
| 09/05/2024 | Date of signature on the Form 4 filing. |
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