EBERHART PAULETT 4
Research Summary
AI-generated summary
LPL Financial (LPLA) Director Paulett Eberhart Receives 5-Share Award
What Happened
Paulett Eberhart, a director of LPL Financial Holdings, was credited with 5 stock units on March 24, 2026. The units were reported as an award/acquisition at $0.00 per unit (total reported acquisition value $0). Each stock unit represents the right to receive one share of common stock and the units are fully vested; they were credited to her account under the Issuer’s Non-Employee Director Deferred Compensation Plan (DDCP) in connection with a quarterly cash dividend.
Key Details
- Transaction date: 2026-03-24; Report filed: 2026-03-26 (appears timely).
- Transaction type/code: A — Award/Grant (stock units); Price per unit: $0.00; Units: 5.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Units granted under the 2021 Omnibus Equity Incentive Plan; each unit = right to one share; units were fully vested and credited to the DDCP as a dividend equivalent.
- Administrative note: Form signed on behalf of Paulett Eberhart via Power of Attorney dated Nov 25, 2024.
Context
These were dividend-related stock units credited to a director’s deferred compensation account — a routine, non-cash form of director compensation. This small, vested award is administrative in nature and does not necessarily signal a change in the director’s view of the company’s stock.