Glavin William Francis Jr 4
Research Summary
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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.