Form 4: LKQ SVP Hanley Reports RSU Tax Withholding

LKQ Corporation's SVP of Business Development, Walter P. Hanley, reported the disposition of shares to cover tax obligations from restricted stock unit vesting.

Summary

• Walter P. Hanley, SVP Business Development at LKQ Corporation, reported a transaction on September 2, 2025.
• The transaction involved the disposition of 2,063.49 shares of LKQ Common Stock at a price of $32.24 per share.
• These shares were withheld by the issuer to satisfy tax withholding requirements upon the vesting of restricted stock units.
• Following this transaction, Mr. Hanley directly beneficially owns 106,410.854 shares.
• Additionally, he indirectly beneficially owns 113,851 shares through his trust and 113,850 shares through his wife's trust.

Sentiment

Score: 5

Explanation: The transaction is a neutral, administrative event related to executive compensation (tax withholding upon RSU vesting). It does not indicate positive or negative operational performance or strategic shifts.

Positives

• The underlying event is the vesting of restricted stock units, indicating a successful achievement of performance or tenure conditions for the executive.

Industry Context

This is a routine insider transaction related to executive compensation, common across all industries for publicly traded companies. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine administrative transaction related to executive compensation.
• Confirms the executive's continued equity stake in the company, aligning interests with shareholders.

Key Dates

Keywords

LKQ Corporation, LKQ, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Walter P. Hanley, SVP Business Development, Equity Compensation