Jambusaria Aneri 4
4 · LPL Financial Holdings Inc. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
LPL Financial (LPLA) Group MD Aneri Jambusaria Sells 308 Shares
What Happened Aneri Jambusaria, Group Managing Director at LPL Financial (LPLA), sold 308 shares on June 17, 2026 at $306.00 per share for proceeds of $94,248. The disposition is reported as an open-market/private sale (code S) and was executed pursuant to a Rule 10b5-1 trading plan adopted on November 3, 2025. The Form 4 was filed on June 22, 2026 and signed on her behalf under a Power of Attorney dated December 17, 2024.
Key Details
- Transaction date and price: 2026-06-17, 308 shares at $306.00 each, total $94,248 (sale, Code S).
- Filing date/timeliness: Form 4 filed 2026-06-22 (appears filed 5 days after the transaction).
- Shares/ownership after transaction (per filing): 3,995 shares of common stock beneficially owned, plus 2,420 restricted stock units (380 RSUs vesting 2/25/2027; 738 RSUs vesting ratably 2/25/2027 & 2/25/2028; 1,302 RSUs vesting ratably 2/25/2027, 2/25/2028 & 2/25/2029) — total listed interest = 6,415 units.
- Notable footnotes: Sale executed under a pre-established Rule 10b5-1 plan (adopted 11/03/2025). The Form 4 was signed via Power of Attorney (12/17/2024).
Context A 10b5-1 plan specifies pre-set trades and can allow insiders to sell shares irrespective of subsequent developments; such sales are often routine and do not by themselves indicate management views on the company. The transaction reduced Jambusaria’s immediately tradable share balance by 308 shares; most of her remaining position includes unvested RSUs that vest over 2027–2029. Purchases tend to be more informative than routine sales, but this filing is a transparent record of insider activity.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-17$306.00/sh−308$94,248→ 6,415 total
Footnotes (2)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025.
- [F2]Consists of (i) 3,995 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) 1,302 restricted stock units that vest ratably on each of February 25, 2027, February 25, 2028 and February 25, 2029.