Thomas AJ Frank - Jan 5, 2024 Form 4 Insider Report for Interactive Brokers Group, Inc. (IBKR)

Signature
/s/ Raymond Bussiere as authorized signatory for Thomas AJ Frank
Stock symbol
IBKR
Transactions as of
Jan 5, 2024
Transactions value $
-$2,273,588
Form type
4
Date filed
1/9/2024, 06:25 PM
Previous filing
Jan 5, 2024
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBKR Class A common stock Sale -$958K -10.9K -1.77% $87.67 606K Jan 5, 2024 Direct F1, F2
transaction IBKR Class A common stock Sale -$112K -1.26K -0.21% $88.57 605K Jan 5, 2024 Direct F1, F3
transaction IBKR Class A common stock Sale -$56.5K -633 -0.1% $89.31 604K Jan 5, 2024 Direct F1, F4
transaction IBKR Class A common stock Sale -$492K -5.69K -0.94% $86.45 598K Jan 8, 2024 Direct F1, F5
transaction IBKR Class A common stock Sale -$631K -7.23K -1.21% $87.33 591K Jan 8, 2024 Direct F1, F6
transaction IBKR Class A common stock Sale -$23.8K -271 -0.05% $87.95 591K Jan 8, 2024 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This amount includes (a) Class A common stock attributable to vested restricted stock units that were awarded under the amended 2007 Stock Incentive Plan ("Plan"); (b) unvested restricted stock units that were awarded under the Plan; and (c) securities acquired by the Reporting Person, in a partial redemption of his interest in IBG Holdings LLC.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.14 to $88.13. The Reporting Person undertakes to provide Interactive Brokers Group, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes (2) - (7) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.14 to $89.13.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.14 to $89.48.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.90 to $86.89.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.90 to $87.89.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.90 to $88.04.