Galik Milan 4
Research Summary
AI-generated summary
Interactive Brokers (IBKR) CEO Milan Galik Receives Award of 389 Shares
What Happened
Milan Galik, CEO of Interactive Brokers Group, received an award/acquisition of 389 shares of Class A common stock (reporting code A) that were recorded as acquired on January 1, 2026. The shares are valued at $64.31 each (closing price on Dec 31, 2025) for a total value of approximately $25,017. This transaction reflects equity granted under the company’s 2007 Stock Incentive Plan and relates to restricted stock units (RSUs) that vested.
Key Details
- Transaction date and type: 2026-01-01 — Award/Acquisition (code A).
- Price used: $64.31 per share (closing price on 2025-12-31).
- Shares involved: 389 shares; total value about $25,017.
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnotes of note:
- F1: The Board changed director compensation (on Jan 22, 2026), increasing annual director awards from $25,000 to $50,000; the increase resulted in additional RSUs for the reporting person that vested on Jan 1, 2026.
- F2: Price reflects closing price on Dec 31, 2025.
- F3: The reported amount includes both Class A shares from vested RSUs and unvested RSUs awarded under the Plan.
- Filing/timeliness: Form 4 was filed on 2026-01-26 for a 2026-01-01 transaction—later than the typical 2-business-day filing window for insiders (the filing appears late).
Context
This was a compensation-related award/vesting of RSUs rather than an open-market purchase or sale. Such awards are routine executive/director compensation and do not, by themselves, indicate a change in the insider’s view of the stock. The filing shows both vested and remaining unvested RSUs were included in the reporting; the award’s valuation used the prior trading day's close.