Glavin William Francis Jr 4
4 · LPL Financial Holdings Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
LPL Financial (LPLA) Director William F. Glavin Jr Receives Award
What Happened William F. Glavin Jr., a director of LPL Financial Holdings, Inc. (LPLA), was credited with 15 stock units on June 4, 2026. The units are fully vested and represent the right to receive one share of common stock each; they were recorded at $0.00 (no cash purchase) and credited to his Non‑Employee Director Deferred Compensation Plan (DDCP) account in connection with a quarterly cash dividend.
Key Details
- Transaction date: 2026-06-04; 15 stock units @ $0.00 (total cash paid: $0).
- Filing date / report posted: 2026-06-08 (filed within the typical Form 4 reporting window).
- Shares owned after transaction: not specified in the filing.
- Footnote: Units were granted under the Issuer’s 2021 Omnibus Equity Incentive Plan and credited to the DDCP; previously granted units subject to a written deferral election are fully vested as of this date.
- Signatory note: Form signed on behalf of William F. Glavin Jr. under a Power of Attorney dated Nov. 19, 2024.
Context This was an award/credit of stock units tied to a dividend and a deferred compensation plan, not an open‑market purchase or sale. Such dividend‑related credits to director deferred accounts are typically routine and do not necessarily signal a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-04+15→ 24,064 total
- 2,775(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan. Each stock unit represents the right to receive one share of common stock and is fully vested. The reporting person was previously granted stock units that were subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan (the "DDCP"), which stock units are fully vested as of the date hereof. The stock units reported hereby were credited to the reporting person's DDCP account in connection with a quarterly cash dividend that was paid on shares of common stock.