Richard P. Schifter - May 10, 2024 Form 4 Insider Report for LPL Financial Holdings Inc. (LPLA)

Role
Director
Signature
/s/ Gregory M. Woods, attorney-in-fact
Stock symbol
LPLA
Transactions as of
May 10, 2024
Transactions value $
$0
Form type
4
Date filed
5/14/2024, 04:49 PM
Previous filing
Mar 28, 2024
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Award $0 +699 +1.72% $0.00 41.3K May 10, 2024 Direct F1
transaction LPLA Common Stock Award $0 +378 +0.92% $0.00 41.6K May 10, 2024 Direct F2
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #1 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #2 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #3 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #4 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #5 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #6 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #7 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #8 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #9 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #10 F3
holding LPLA Common Stock 148 May 10, 2024 By Co-Trustee of Grandchild's Trust #11 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock that was granted under the Issuer's 2021 Omnibus Equity Incentive Plan (the "2021 Plan") pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy"). This restricted stock is scheduled to vest in full on May 21, 2025.
F2 The reporting person elected to receive these shares, which were granted under the 2021 Plan, in lieu of the cash portion of the annual retainer under the Policy.
F3 The reporting person previously transferred 1,628 shares of LPLA common stock to eleven trusts for the reporting person's grandchildren. The reporting person is a co-trustee of the trusts, and each of the reporting person's grandchildren is the sole beneficiary of their respective trust. The reporting person remains the beneficial owner of the securities held by the trusts.

Remarks:

The signatory is signing on behalf of Richard P. Schifter pursuant to a Power of Attorney dated March 28, 2017.