Form 4: LKQ Corp Executive Walter P. Hanley Reports Stock Transaction
SEC Form 4
Senior VP of Development at LKQ Corporation, Walter P. Hanley, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 1, 2024, Walter P. Hanley, Senior VP of Development at LKQ Corporation, reported a transaction involving common stock.
- The transaction involved the disposition of 3,493 shares to cover tax withholding requirements upon the vesting of restricted stock units.
- The price per share for the transaction was $51.986.
- Following the transaction, Hanley directly owns 95,827 shares of common stock.
- Hanley also indirectly owns 113,851 shares through a trust and 113,850 shares through his wife's trust.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't reflect a significant change in the executive's holdings or sentiment towards the company.
Industry Context
This is a routine Form 4 filing, common for corporate executives when stock options or restricted stock units vest and shares are sold to cover tax obligations. It doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the stock transaction and filing date of the Form 4. |
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