LPL Financial (LPLA) Group MD Matthew Enyedi Sells 1,000 Shares

What Happened

• Matthew Enyedi, Group Managing Director at LPL Financial Holdings (LPLA), sold a total of 1,000 shares on July 31, 2026 in multiple open-market transactions for aggregate proceeds of approximately $352,718. The sales were reported as disposals (code S) and executed pursuant to a Rule 10b5-1 trading plan adopted November 24, 2025. These are sales (not purchases), which are often routine and do not by themselves signal company outlook.

Key Details

• Transaction date: July 31, 2026; Form 4 filed August 4, 2026.
• Lots sold (all disposals): 189 shares @ $351.06 ($66,350); 463 shares @ $352.77 ($163,333); 296 shares @ $353.37 ($104,598); 51 shares @ $354.52 ($18,081); 1 share @ $355.51 ($356). Total = 1,000 shares for ~$352,718.
• Reported prices are weighted averages; per-footnotes the individual trade price ranges were ~ $350.81–351.45, $352.05–353.04, $353.05–353.61, and $354.18–354.63 for the respective lots.
• Shares owned after the transaction: 9,242 shares of common stock plus 3,879 restricted stock units (RSUs) (597 vesting Feb 25, 2027; 1,106 vesting ratably 2027–2028; 2,176 vesting ratably 2027–2029) — total beneficial interest = 13,121.
• Sales effected under a Rule 10b5-1 trading plan (adopted 11/24/2025). The Form 4 was signed on behalf of Mr. Enyedi under a Power of Attorney dated Dec 17, 2024.

Context

• These were dispositions under a pre-established 10b5-1 plan, which typically allows insiders to sell shares at predetermined times and reduces concerns about trading on nonpublic information. Sales reduce insider stock holdings but, by themselves, do not necessarily indicate negative views on the company.
• No option exercises, awards, gifts, or purchases were reported in this filing.