Richard Steinmeier - 05 Dec 2025 Form 4 Insider Report for LPL Financial Holdings Inc. (LPLA)

Signature
/s/ Robert S. Hatfield III, attorney-in-fact
Issuer symbol
LPLA
Transactions as of
05 Dec 2025
Net transactions value
-$1,876,482
Form type
4
Filing time
09 Dec 2025, 19:15:29 UTC
Previous filing
27 Feb 2025
Next filing
27 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Steinmeier Richard Chief Executive Officer C/O LPL FINANCIAL HOLDINGS INC., 4707 EXECUTIVE DRIVE, SAN DIEGO /s/ Robert S. Hatfield III, attorney-in-fact 09 Dec 2025 0001750576

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPLA Common Stock Sale $121,864 -332 -2.3% $367.06 14,052 05 Dec 2025 Direct F1, F2
transaction LPLA Common Stock Sale $67,459 -183 -1.3% $368.63 13,869 05 Dec 2025 Direct F1, F3
transaction LPLA Common Stock Sale $385,445 -1,040 -7.5% $370.62 12,829 05 Dec 2025 Direct F1, F4
transaction LPLA Common Stock Sale $909,514 -2,450 -19% $371.23 10,379 05 Dec 2025 Direct F1, F5
transaction LPLA Common Stock Sale $289,944 -779 -7.5% $372.20 9,600 05 Dec 2025 Direct F1, F6
transaction LPLA Common Stock Sale $102,257 -274 -2.9% $373.20 9,326 05 Dec 2025 Direct F1, F7, F8
transaction LPLA Common Stock Gift $0 -275 -1.6% $0.000000 16,813 05 Dec 2025 Held by Trust F9, F10, F11
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.99 to $367.39, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) 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 $368.53 to $369.11, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.85 to $370.84, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.85 to $371.83, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5) to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.87 to $372.80, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6) to this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.89 to $373.77, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (7) to this Form 4.
F8 Consists of (i) 619 restricted stock units that vest in full on February 25, 2026; (ii) 1,736 restricted stock units that vest ratably on each of February 25, 2026 and February 25, 2027; and (iii) 6,971 restricted stock units that vest ratably on each of February 25, 2026, February 25, 2027 and February 25, 2028.
F9 This transaction was a charitable gift of securities by the reporting person.
F10 Includes 18.1 shares acquired on August 29, 2025 and 14.5 shares acquired on December 1, 2025 under a dividend reinvestment plan.
F11 The reporting person and his spouse are co-trustees of the trust and its sole beneficiaries. The reporting person remains the beneficial owner of, and retains his pecuniary interest in, the securities held by the trust.

Remarks:

The signatory is signing on behalf of Richard Steinmeier pursuant to a Power of Attorney dated December 17, 2024.