Jambusaria Aneri 4
4 · LPL Financial Holdings Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
LPL Financial (LPLA) Group MD Aneri Jambusaria Receives Awards, Sells Shares
What Happened Aneri Jambusaria, Group Managing Director at LPL Financial (LPLA), received newly vested performance stock units (PSUs) and restricted stock units (RSUs) and sold a portion of shares to satisfy tax withholding. On Feb 25, 2026 she was issued 942 shares from vested PSUs and 1,302 restricted stock units (awarded at $0), and 715 shares were disposed of as a tax-withholding sale at $318.47 per share for proceeds of $227,706. The PSU payout reflected 81% of the target award based on relative total shareholder return for the three-year performance period ending Feb 14, 2026.
Key Details
- Transaction date: February 25, 2026; Form filed Feb 27, 2026 (appears timely).
- Awards received: 942 shares (PSUs vested) and 1,302 RSUs (awarded at $0).
- Sale to cover taxes: 715 shares disposed at $318.47, proceeds = $227,706 (code F = tax withholding).
- Shareholdings after transactions (per filing footnote): 4,611 shares of common stock plus outstanding RSUs including 380 RSUs (vest in full Feb 25, 2027), 738 RSUs (vest ratably Feb 25, 2027 & Feb 25, 2028), and the RSUs reported on this Form 4.
- Additional notes: PSUs awarded Feb 25, 2023 and earned at 81% of target; signatory executed filing under power of attorney dated Dec 17, 2024.
Context
- This was not an open-market sale for investment reasons but a routine tax-withholding disposition (common when equity awards vest).
- PSUs convert to shares only if performance targets are met (here, partially earned at 81%); RSUs are time-based and vest on future dates as specified.
Insider Transaction Report
Form 4
Jambusaria Aneri
Group Managing Director
Transactions
- Award
Common Stock
[F1]2026-02-25+942→ 6,444 total - Tax Payment
Common Stock
2026-02-25$318.47/sh−715$227,706→ 5,729 total - Award
Common Stock
[F2][F3]2026-02-25+1,302→ 7,031 total
Footnotes (3)
- [F1]Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2023. 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, 2026. Based on the Issuer's TSR relative to this peer group, PSUs were earned at 81% 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, 2027, February 25, 2028 and February 25, 2029. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- [F3]Consists of (i) 4,611 shares of Common Stock; (ii) 380 restricted stock units that vest in full on February 25, 2027; (iii) 738 restricted stock units that vest ratably on each of February 25, 2027 and February 25, 2028; and (iv) the restricted stock units reported on this Form 4.
Signature
/s/ Robert S. Hatfield III, attorney-in-fact|2026-02-27