Harris Lawrence E 4
Research Summary
AI-generated summary
Interactive Brokers (IBKR) Director Lawrence Harris Receives Award
What Happened
Lawrence E. Harris, a director of Interactive Brokers Group, Inc. (IBKR), was granted/received 389 shares as an award that vested on January 1, 2026. The filing values the award at $64.31 per share (closing price on Dec 31, 2025), for a total value of approximately $25,017. This was an award/vesting transaction (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-01 (award vested)
- Price used for valuation: $64.31 (closing price on Dec 31, 2025)
- Shares acquired: 389; total value ≈ $25,017
- Shares owned after transaction: Not reported in the Form 4 provided
- Footnotes: F1 — Board changed director compensation policy (annual awards increased from $25,000 to $50,000), resulting in additional RSUs granted that vested Jan 1, 2026. F2 — valuation uses 12/31/2025 close.
- Filing timeliness: Report filed 2026-01-26 for a 2026-01-01 transaction (late filing); late Form 4s should be noted but do not by themselves indicate trading intent.
Context
This was a director compensation award (restricted stock units that vested) rather than an outright purchase or sale; such awards are routine board compensation and do not necessarily signal the director is buying shares with personal funds. Purchases tend to be more informative about insider sentiment than routine grants.