Nemser Earl H 4

What Happened

Earl H. Nemser, Vice Chairman and Director of Interactive Brokers Group, received 389 shares (restricted stock units) valued at $64.31 per share for a total reported value of $25,017. The award/acquisition (Form 4 code A) reflects RSUs that vested on January 1, 2026 rather than an open-market purchase or sale.

Key Details

• Transaction date: January 1, 2026 (reported on Form 4 filed January 26, 2026).
• Price used: $64.31 per share (closing price of IBKR Class A common stock on December 31, 2025).
• Shares awarded/vested: 389 shares; reported total value $25,017.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes:
  • Board increased annual director awards from $25,000 to $50,000 (effective for awards granted Dec 31), and the additional RSUs vested on Jan 1, 2026.
  • Reported amount includes both vested and unvested RSUs awarded under the plan.
  • Some securities are held via EN Holdings LLC, owned by the reporting person and affiliates.
• Timeliness: Form was filed January 26, 2026 — about 25 days after the Jan 1 transaction; Form 4s are typically due within 2 business days, so this filing appears late.

Context

This was a compensation-related RSU award/vesting for a director following a board-approved change to director pay and is a routine non-market transaction. Such awards reflect company compensation policy and do not, by themselves, indicate the insider’s personal buying or selling sentiment.