Kabir Sethi - May 6, 2023 Form 4 Insider Report for LPL Financial Holdings Inc. (LPLA)

Role
Managing Director
Signature
/s/ Gregory M. Woods, attorney-in-fact
Stock symbol
LPLA
Transactions as of
May 6, 2023
Transactions value $
-$352,445
Form type
4
Date filed
5/9/2023, 05:12 PM
Previous filing
Feb 28, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Tax liability -$352K -1.85K -13.6% $190.82 11.7K May 6, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 2,189 shares of Common Stock; (ii) 8,072 restricted stock units that vest ratably on each of May 6, 2024 and May 6, 2025; and (iii) 1,476 restricted stock units that vest ratably on each of February 25, 2024, February 25, 2025 and February 25, 2026.

Remarks:

The signatory is signing on behalf of Kabir Sethi pursuant to a Power of Attorney dated May 2, 2022.