4//SEC Filing
Steinmeier Richard 4
Accession 0001397911-25-000034
CIK 0001397911other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:36 PM ET
Size
8.9 KB
Accession
0001397911-25-000034
Insider Transaction Report
Form 4
Steinmeier Richard
Chief Executive Officer
Transactions
- Award
Common Stock
2025-02-25+7,836→ 29,232 total - Tax Payment
Common Stock
2025-02-25$357.36/sh−4,764$1,702,463→ 24,468 total - Award
Common Stock
2025-02-25+6,971→ 31,439 total
Footnotes (3)
- [F1]Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2022. The granted PSUs were eligible to become earned PSUs based on the Issuer's total stockholder return ("TSR") relative to the TSR of a predetermined comparator group over a three-year performance period ending February 14, 2025. Based on the Issuer's TSR relative to this peer group, PSUs were earned at 200% of the reporting person's target award.
- [F2]These shares represent restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock on the applicable vesting date. These restricted stock units will vest ratably on each of February 25, 2026, February 25, 2027 and February 25, 2028. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- [F3]Consists of (i) 22,113 shares of Common Stock; (ii) 619 restricted stock units that vest in full on February 25, 2026; (iii) 1,736 restricted stock units that vest ratably on each of February 25, 2026 and February 25, 2027; and (iv) the restricted stock units reported on this Form 4.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001750576
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:36 PM ET
- Size
- 8.9 KB