LKQ Director Sue Gove Buys $201,085, Raising Holding 89.1%
Director Sue Gove bought 9,795 LKQ shares at $20.53 on Nov. 4, one of three directors in a cluster of open-market buys worth $792,615 from Oct. 30.
LKQ CORP currently carries an Alpha Score of n/a, giving AlphaScala's model a neutral read on the setup.
Sue Gove, a director of LKQ Corp, bought 9,795 shares of common stock on the open market on Nov. 4 at $20.53 a share, a purchase worth $201,085.47, according to a Form 4 filed Nov. 6. The filing reports the purchase as one transaction at $20.5294 a share and does not mark it as made under a Rule 10b5-1 plan.
Gove's direct holding rose from 10,998 shares before the purchase to 20,793 shares after it, an increase of 89.1%. The Form 4 reached the SEC two days after the trade, which was also two weekdays.
A Form 4 is the report that officers, directors and holders of more than 10% of a company's stock must file within two business days of a trade in its shares. The transaction code on this one is P, which marks an open-market or private purchase paid for by the insider, as opposed to grants, option exercises or purchases under an employee plan. AlphaScala explains the code on its transaction code P page.
Gove's purchase is part of a group of director buys at LKQ. Under AlphaScala's insider cluster rule, a cluster is three or more insiders each buying at least $25,000 on the open market within 30 days. By that measure, three directors bought between Oct. 30 and Nov. 4, in three purchases worth a combined $792,615.47.
Andrew C. Clarke and Michael Scott Powell, both directors, are the other cluster members listed. Clarke bought 21,800 shares on Oct. 30 in a purchase valued at $400,030. Powell bought 10,000 shares on Nov. 2 for $191,500.
The filings give some context for the weeks before Gove's trade. Between July 23 and Nov. 6, Form 4s filed before the latter date show two open-market purchases by LKQ insiders, worth $591,530 in total, from two distinct buyers. No open-market sales by insiders were filed in the same window. The last of those earlier purchases was dated Nov. 2, two days before Gove's.
Gove is listed on the filing as a director. She is not marked as an officer or a 10% owner.
The Form 4 was filed Nov. 6 under LKQ's SEC central index key 0001065696, and it lists Gove's direct holding after the purchase at 20,793 shares.
Written by a large language model from primary sources linked in the article: AlphaScala's structured filing data (SEC Form 4 / STOCK Act / 13F / CFTC records) or an official release (central bank, BLS, EIA or SEC). Every figure is checked automatically against those sources before publication. Not investment advice.