Form 4: LKQ VP Finance Sells Shares for Tax Withholding
Insider Transaction Report
LKQ Corporation's VP of Finance and Controller, Todd G. Cunningham, disposed of 689.94 shares of common stock to cover tax obligations related to restricted stock unit vesting.
Summary
- Todd G. Cunningham, VP, Finance and Controller of LKQ Corporation, reported a transaction involving the company's common stock.
- On January 14, 2026, 689.94 shares of common stock were disposed of at a price of $33.41 per share.
- This disposition was a routine 'F' transaction, indicating shares were withheld by the issuer to satisfy tax withholding requirements upon the vesting of restricted stock units.
- Following this transaction, Cunningham beneficially owns 17,767.659 shares of LKQ common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event related to restricted stock unit vesting, which is a common occurrence for corporate executives and does not reflect positively or negatively on the company's operational or financial performance.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 01/14/2026 | Date of transaction where shares were disposed for tax withholding. |
| 01/15/2026 | Date the Form 4 was signed by Matthew J. McKay, Attorney-in-fact. |
Keywords
LKQ, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Corporate Officer
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.