Form 4: LKQ Corp VP, Finance and Controller Cunningham Todd G Reports Stock Disposal for Tax Withholding
SEC Form 4 Filing
Todd G Cunningham, VP, Finance and Controller at LKQ Corp, reports disposing of 817 shares of common stock to cover tax withholding obligations upon vesting of restricted stock units on July 15, 2024.
Summary
- On July 15, 2024, Todd G Cunningham, VP, Finance and Controller of LKQ Corp [LKQ], disposed of 817 shares of common stock.
- The disposal was to cover tax withholding requirements related to the vesting of restricted stock units.
- The transaction was executed at a price of $43.88 per share.
- Following the transaction, Cunningham directly owns 15,747 shares of LKQ Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for company executives to dispose of shares to cover tax obligations related to vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock disposal transaction |
| 07/17/2024 | Date of signature for the Form 4 filing |
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