Althea Brown - Feb 25, 2024 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
Feb 25, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 07:33 PM
Previous filing
Sep 14, 2023
Next filing
Sep 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Award $0 +1.87K +43.32% $0.00 6.19K Feb 25, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock on the applicable vesting date. These restricted stock units will vest ratably on each of February 25, 2025, February 25, 2026 and February 25, 2027. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F2 Consists of (i) 4,319 restricted stock units that vest ratably on each of September 12, 2024, September 12, 2025 and September 12, 2026; and (ii) the restricted stock units reported on this Form 4.

Remarks:

The signatory is signing on behalf of Althea Brown pursuant to a Power of Attorney dated September 5, 2023.