LPL Financial (LPLA) Director Allison Mnookin Receives 2-Share Award

What Happened

• Allison Mnookin, a director of LPL Financial Holdings (LPLA), was credited with 2 stock units (each convertible to one share) on August 28, 2026. The Form 4 reports the acquisition price as $0.00 and a reported value of $0. These units are fully vested and were credited to her Non-Employee Director Deferred Compensation Plan (DDCP) account in connection with a quarterly cash dividend.

Key Details

• Transaction date and type: 2026-08-28 — Award/Acquisition of 2 stock units (code A).
• Price and reported value: $0.00 per unit; total reported consideration $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Units represent the right to receive one share each, are fully vested, and were credited to the reporting person’s DDCP account as dividend-related stock units.
• Filing signer: Report filed by a representative signing under a Power of Attorney dated Nov 19, 2024.
• Timeliness: Report covers the 2026-08-28 transaction and was filed with Period of Report 2026-08-28 (no late-filing indication in the data provided).

Context

• This was an award/credit (dividend-equivalent stock units) rather than an open-market purchase or sale; such credits typically reflect dividend deferral mechanics and are not a direct signal of buying or selling intent. The units are fully vested and represent future entitlement to common shares under the DDCP.