LKQ CORP — Form 10-Q
Filed October 29, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 58/100
What the filing says
LKQ Corp appointed Salvatore A. Abbate as President and CEO effective December 15, 2026. Compensation package includes: $1.34M base salary, 150% target annual cash incentive (0–200% range), $8M target annual long-term equity awards (50% PSU-1s, 50% PSU-2s), $12M sign-on RSU grant vesting semi-annually, and $3.3M sign-on cash (repayable if terminated for Cause within 12 months). Abbate becomes board member without additional board compensation.
Why this rating
CEO transition is material governance event but no prior executive replacement or operational disruption disclosed. Total first-year comp ~$24.6M (0.26% of $9.5B market cap) is standard for large-cap CEO. Neutral pending execution.
See more from October 29, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.