Nemser Earl H 4
4 · Interactive Brokers Group, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Interactive Brokers Vice Chairman Earl Nemser Sells Shares
What Happened
Earl H. Nemser, Vice Chairman and Director of Interactive Brokers Group, sold a total of 155,000 shares in open-market transactions across Jan 26–27, 2026. The reported proceeds across the transactions total approximately $11.76 million. These were outright sales (not option exercises or awards).
Key Details
- Transactions:
- 2026-01-26: 60,882 shares at a weighted avg $75.83 — $4,616,682 (prices ranged $75.46–$76.45) (F2)
- 2026-01-26: 30,817 shares at a weighted avg $76.72 — $2,364,280 (prices ranged $76.46–$77.45) (F3)
- 2026-01-26: 3,101 shares at a weighted avg $77.98 — $241,816 (prices ranged $77.46–$78.41) (F4)
- 2026-01-27: 39,731 shares at a weighted avg $75.07 — $2,982,606 (prices ranged $74.55–$75.54) (F5)
- 2026-01-27: 20,469 shares at a weighted avg $75.75 — $1,550,527 (prices ranged $75.55–$75.99) (F6)
- Total sold: 155,000 shares for ~$11,755,911.
- Reporting vehicle: Some or all reported shares are owned by EN Holdings LLC, which is owned by Nemser and affiliates (F1).
- Shares owned after transaction: Not specified in the excerpt provided; footnote F7 notes reported holdings may include vested and unvested restricted stock units awarded under the company plan.
- Filing timing: Form 4 filed Jan 28, 2026 reporting trades on Jan 26–27 — appears filed within the normal two-business-day window.
Context
- These were open-market sales (code S) — sales are common and can be for many reasons (liquidity, diversification, tax planning); they do not necessarily indicate a change in insider view of the company.
- Prices shown in the filing are weighted averages; the footnotes give the exact price ranges for the multiple executions.
- No option exercises, awards, or gifts were reported in these transactions.
Insider Transaction Report
Form 4
Nemser Earl H
DirectorVice Chairman
Transactions
- Sale
Class A common stock
[F2][F1]2026-01-26$75.83/sh−60,882$4,616,682→ 94,118 total(indirect: By LLC) - Sale
Class A common stock
[F3][F1]2026-01-26$76.72/sh−30,817$2,364,280→ 63,301 total(indirect: By LLC) - Sale
Class A common stock
[F4][F1]2026-01-26$77.98/sh−3,101$241,816→ 60,200 total(indirect: By LLC) - Sale
Class A common stock
[F5][F1]2026-01-27$75.07/sh−39,731$2,982,606→ 20,469 total(indirect: By LLC) - Sale
Class A common stock
[F6][F1]2026-01-27$75.75/sh−20,469$1,550,527→ 0 total(indirect: By LLC)
Holdings
- 451,830
Class A common stock
[F7]
Footnotes (7)
- [F1]Represents number of securities owned by EN Holdings LLC, which is owned by the Reporting Person and his affiliates.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.46 to $76.45. The Reporting Person undertakes to provide Interactive Brokers Group, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes (2) - (4) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.46 to $77.45.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.46 to $78.41.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.55 to $75.54.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.55 to $75.99.
- [F7]This amount includes (a) Class A common stock attributable to vested restricted stock units that were awarded under the amended 2007 Stock Incentive Plan ("Plan") and (b) unvested restricted stock units that were awarded under the Plan.
Signature
/s/ Raymond Bussiere as authorized signatory for Earl H Nemser|2026-01-28