Conkling Lori A 4

What Happened

• Lori A. Conkling, a director of Interactive Brokers Group, Inc. (IBKR), received equity awards under the company's 2007 Stock Incentive Plan. The filing shows two grant entries: 389 shares dated 2025-12-31 (reported at $0.00) and 389 shares dated 2026-01-01 valued at $64.31 each (total $25,017). Total shares involved = 778 RSUs (one tranche vested, one tranche unvested).

Key Details

• Transaction dates and values:
  • 2025-12-31: Award of 389 RSUs (report lists $0.00 for price).
  • 2026-01-01: Award of 389 RSUs valued at $64.31 per share (closing price on 12/31/2025), total $25,017.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Board retroactively increased the one-time external director award from $75,000 to $100,000 (effective 12/31/2025); additional RSUs vest in five equal annual installments beginning 12/31/2026.
  • F3: Board increased annual director awards from $25,000 to $50,000; the additional RSUs vested on 1/1/2026.
  • F2: The reported amounts include both vested RSUs (converted to Class A shares) and unvested RSUs.
  • F4: $64.31 is the issuer’s Class A closing price on 12/31/2025.
• Filing timeliness: The Form 4 was filed 2026-01-26 for transactions dated 12/31/2025 and 01/01/2026; this is more than two business days after the transactions and therefore appears late based on typical Form 4 deadlines.

Context

• These entries reflect equity compensation (restricted stock units), not open-market purchases or sales. Vested RSUs convert to shares and represent compensation; unvested RSUs are subject to future vesting and do not necessarily signal insider trading intent.
• For retail investors, awards are routine director compensation adjustments; purchases or sales by insiders can be more directly informative about personal views of the stock. Late filings may merit attention but do not by themselves indicate wrongdoing.