Brody Paul Jonathan 4
4 · Interactive Brokers Group, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Interactive Brokers CFO Brody Sells 82,920 Shares for Tax Withholding
What Happened Brody Paul Jonathan, Chief Financial Officer of Interactive Brokers Group, disposed of 82,920 shares on May 8, 2026 at a price of $84.42 per share, generating proceeds of approximately $7,000,106. The transaction is reported as code F (payment of exercise price or tax liability) and reflects shares sold to satisfy tax withholding related to restricted stock units.
Key Details
- Transaction date: May 8, 2026; Filing date: May 28, 2026 (the filing appears to be later than the typical two-business-day Form 4 deadline).
- Price and value: 82,920 shares at $84.42 each = $7,000,106 (price equals the closing Class A share price on the vesting date, per footnote).
- Transaction code: F — sale to cover tax liability/withholding associated with RSU vesting.
- Footnotes: (F1) price is the closing price on the vesting date; (F2) the shares relate to vested RSUs and also unvested RSUs awarded under the amended 2007 Stock Incentive Plan.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context This was a routine "sell-to-cover" tax withholding tied to restricted stock unit vesting rather than a discretionary open-market sale for investment reasons. Such disposals are common when RSUs vest and do not necessarily signal the insider's view of the company's prospects. The delayed filing reduces near-term transparency for investors, though the nature of the transaction (tax withholding on RSUs) is typical.
Insider Transaction Report
- Tax Payment
Class A common stock
[F1][F2]2026-05-08$84.42/sh−82,920$7,000,106→ 2,856,806 total
Footnotes (2)
- [F1]The price represents the closing price of the issuer's Class A common stock as of May 8, 2026, the vesting date.
- [F2]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.