LKQ Corp Amends Code of Ethics
Ticker: LKQ · Form: 8-K · Filed: Nov 6, 2024 · CIK: 1065696
Sentiment: neutral
Topics: corporate-governance, ethics, compliance
Related Tickers: LKQ
TL;DR
LKQ amended its code of ethics effective Nov 5th. No big drama, just housekeeping.
AI Summary
LKQ Corporation filed an 8-K on November 6, 2024, to report an amendment to its Code of Ethics. This filing indicates a change in the company's ethical guidelines, effective November 5, 2024. No specific waivers or details of the amendment were provided in the initial filing.
Why It Matters
Changes to a company's code of ethics can signal shifts in corporate governance or compliance focus, potentially impacting investor confidence and regulatory scrutiny.
Risk Assessment
Risk Level: low — The filing is a routine update to the company's code of ethics, which typically does not involve significant financial or operational changes.
Key Players & Entities
- LKQ Corporation (company) — Registrant
- November 5, 2024 (date) — Effective date of amendment
- November 6, 2024 (date) — Filing date
FAQ
What specific provisions were amended in LKQ Corporation's Code of Ethics?
The filing does not specify the exact provisions that were amended in the Code of Ethics.
Was there a waiver of any provision of the Code of Ethics?
The filing indicates it is for amendments or waivers, but does not specify if a waiver was granted.
When did the amendment to the Code of Ethics become effective?
The amendment to the Code of Ethics became effective on November 5, 2024.
What is the primary purpose of this 8-K filing for LKQ Corporation?
The primary purpose is to report an amendment to the Registrant's Code of Ethics or a waiver of a provision of the Code of Ethics.
Where is LKQ Corporation's principal executive office located?
LKQ Corporation's principal executive offices are located at 5846 Crossings Boulevard, Antioch, Tennessee 37013.
Filing Stats: 545 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-11-06 11:04:56
Filing Documents
- lkq-20241105.htm (8-K) — 28KB
- 0001065696-24-000129.txt ( ) — 178KB
- lkq-20241105.xsd (EX-101.SCH) — 3KB
- lkq-20241105_def.xml (EX-101.DEF) — 6KB
- lkq-20241105_lab.xml (EX-101.LAB) — 27KB
- lkq-20241105_pre.xml (EX-101.PRE) — 15KB
- lkq-20241105_htm.xml (XML) — 4KB
05 Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
Item 5.05 Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics. On November 5, 2024, the Board of Directors for LKQ Corporation approved and adopted an updated and revised Code of Ethics ("Code") as part of its periodic review process. This Code applies to all employees, officers, and directors of LKQ and its subsidiaries. The revisions reflect LKQ's commitment to sustainability, clarify its position on gifts and entertainment, address key risks associated with bribery and corruption, and underscore the importance of preventing insider trading. Additionally, the amended Code includes various clarifying, stylistic, and non-substantive changes. The revisions do not materially alter the responsibilities and obligations outlined in the previous Code, nor do they imply any waiver of its provisions. The summary of these amendments, as reported in this current Form 8-K, is qualified by reference to the complete text of the amended Code available on LKQ's website at https://www.lkqcorp.com/codeofethics/. The contents of the Company's website are not incorporated by reference in this report. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: November 6, 2024 LKQ CORPORATION By: /s/ Matthew J. McKay Matthew J. McKay Senior Vice President, General Counsel and Corporate Secretary