| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPLA | Common Stock | Sale | $1,308,265 | -3,500 | -14% | $373.79 | 21,396 | 18 Feb 2025 | Direct | F1, F2 |
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).
| Id | Content |
|---|---|
| F1 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2024. |
| F2 | Consists of (i) 16,684 shares of Common Stock; (ii) 871 restricted stock units that vest in full on February 25, 2025; (iii) 1,238 restricted stock units that vest ratably on each of February 25, 2025 and February 25, 2026; and (iv) 2,603 restricted stock units that vest ratably on each of February 25, 2025, February 25, 2026 and February 25, 2027. |
The signatory is signing on behalf of Richard Steinmeier pursuant to a Power of Attorney dated December 17, 2024, which is filed as Exhibit 24.1 to this filing.