Repetto Richard H 4
Research Summary
AI-generated summary
Interactive Brokers (IBKR) Director Richard H. Repetto Receives Award
What Happened
Richard H. Repetto, a director of Interactive Brokers Group, received 389 shares through a grant/award (restricted stock units) that vested on January 1, 2026. The shares are valued at $64.31 each (closing price on Dec 31, 2025), for a total of $25,017. This was a company compensation award, not an open‑market purchase or sale.
Key Details
- Transaction type: Award/Grant (A) — restricted stock units vesting.
- Transaction date: January 1, 2026; Filing date (Form 4): January 26, 2026.
- Price used for valuation: $64.31 per share (closing price on Dec 31, 2025).
- Shares acquired: 389 shares; total value reported: $25,017.
- Shares owned after transaction: Not specified in the filing excerpt.
- Footnotes of note:
- F1: Board increased annual director awards from $25,000 to $50,000 on Jan 22, 2026; additional RSUs were granted Dec 31 and vested Jan 1, 2026.
- F2: Valuation price is issuer’s Class A close on Dec 31, 2025.
- F3: Reporting may include both Class A shares attributable to vested and unvested RSUs awarded under the Plan.
- Timeliness: The Form 4 was filed Jan 26, 2026 reporting a Jan 1 vesting. Form 4s are normally required within two business days of the transaction, so this filing appears to be outside the typical reporting window.
Context
This transaction reflects routine director compensation (RSU award/vesting) following a Board decision to raise annual director awards. Such awards are standard non‑market compensation and do not necessarily indicate the director buying or selling shares in the open market.