Glavin William Francis Jr 4

What Happened William F. Glavin Jr., a director of LPL Financial Holdings, Inc. (LPLA), was granted 712 restricted shares on May 15, 2026. The grant is reported at $0.00 per share (total $0 on the Form 4) and represents restricted stock awarded under the company’s director compensation program. These shares are scheduled to vest in full on May 20, 2027.

Key Details

• Transaction date: 2026-05-15; reported filing date: 2026-05-19 (filed within the 2-business-day Form 4 window).
• Transaction type/code: Award/Grant (A); 712 shares at $0.00 (reported value $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Grant made under the 2021 Omnibus Equity Incentive Plan pursuant to the Issuer’s Non‑Employee Director Compensation Policy; full vesting on May 20, 2027.
• Administrative note: Filing was signed on behalf of William F. Glavin Jr. under a Power of Attorney dated Nov. 19, 2024.

Context This was a routine director compensation grant of restricted stock, not an open‑market purchase or sale. Restricted shares typically cannot be sold until they vest, so the award is a compensation event rather than an immediate buy/sell signal about the director’s market view.