4Filed Aug 30, 8:00 PM ET
LPL Financial Group MD Aneri Jambusaria Sells 308 Shares
$LPLA · LPL Financial Holdings Inc.Research Summary
AI-generated summary of this SEC filing
LPL Financial Group MD Aneri Jambusaria Sells 308 Shares
What Happened
Aneri Jambusaria, Group Managing Director at LPL Financial (LPLA), sold 308 shares of LPL common stock in an open-market transaction on August 27, 2026. The shares were sold at $357.36 each for a total transaction value of $110,067. This was a sale (disposition), not a purchase.
Key Details
- Transaction date and price: August 27, 2026 — 308 shares at $357.36 per share (total $110,067).
- Shares owned after the transaction: 3,687 shares of common stock plus 2,420 restricted stock units (380 RSUs vesting Feb 25, 2027; 738 RSUs vesting ratably Feb 25, 2027 & Feb 25, 2028; 1,302 RSUs vesting ratably Feb 25, 2027–2029).
- Notable footnotes: (F1) Sale was effected under a Rule 10b5-1 trading plan adopted November 3, 2025; (F2) holdings and vesting schedule described above. The Form 4 was signed on behalf of Ms. Jambusaria under a Power of Attorney dated December 17, 2024.
- Filing timing: Form filed Aug 31, 2026 reporting the Aug 27, 2026 transaction (no late filing indicated).
Context
Sales executed under a pre-established Rule 10b5-1 plan are typically scheduled in advance and do not, by themselves, indicate a change in insider sentiment. For retail investors, purchases generally carry more informational weight than routine sales; this filing documents a routine insider sale carried out under a trading plan.