Thomas AJ Frank - Sep 11, 2023 Form 4 Insider Report for Interactive Brokers Group, Inc. (IBKR)

Role
Chief Information Officer
Signature
/s/ Raymond Bussiere as authorized signatory for Thomas AJ Frank
Stock symbol
IBKR
Transactions as of
Sep 11, 2023
Transactions value $
-$4,405,092
Form type
4
Date filed
9/13/2023, 04:03 PM
Previous filing
Jul 31, 2023
Next filing
Sep 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBKR Class A common stock Sale -$1.86M -19.7K -1.85% $94.58 1.04M Sep 11, 2023 Direct F1, F2
transaction IBKR Class A common stock Sale -$85.7K -899 -0.09% $95.35 1.04M Sep 11, 2023 Direct F1, F3
transaction IBKR Class A common stock Sale -$2.46M -26.1K -2.5% $94.21 1.02M Sep 12, 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This amount includes (a) Class A common stock attributable to vested restricted stock units that were awarded under the amended 2007 Stock Incentive Plan ("Plan"); (b) unvested restricted stock units that were awarded under the Plan; and (c) securities acquired by the Reporting Person, in a partial redemption of his interest in IBG Holdings LLC.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.19 to $95.18. The Reporting Person undertakes to provide Interactive Brokers Group, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes (2) - (4) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.19 to $95.53.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.83 to $94.66.