LPL Financial (LPLA) Director Paulett Eberhart Receives Award

What Happened Director Paulett Eberhart was credited with 4 stock units on August 28, 2026. The Form 4 reports the acquisition as 4 shares at $0.00 (award/grant), reflecting stock units rather than an open-market purchase or sale. The filing was submitted to the SEC on September 1, 2026.

Key Details

• Transaction date: 2026-08-28; Form 4 filed: 2026-09-01 (Accession 0001628280-26-059797).
• Reported transaction: Award/Grant (code A) — 4 stock units @ $0.00 (total reported cash value $0).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote (F1): Each stock unit represents the right to receive one share of common stock and is fully vested. These units were credited to Eberhart’s account under the Non‑Employee Director Deferred Compensation Plan (DDCP) in connection with a quarterly cash dividend on common shares. Previously granted deferred units are fully vested as of this date.
• Signatory note: The Form 4 was signed on behalf of Paulett Eberhart under a Power of Attorney dated November 25, 2024.

Context These entries are equity awards/crediting of stock units tied to director compensation and dividend deferral, not an active buy or sell in the market. Each unit converts to one share when distributed under the DDCP; the small quantity reported here is routine and not a material transaction.