Interactive Brokers (IBKR) CFO Amends Filing After 6,928-Share Sale
Rhea-AI Filing Summary
Paul J. Brody, who serves as Chief Financial Officer and a Director of Interactive Brokers Group, Inc. (IBKR), filed an amended Form 4 reporting insider transactions dated 09/19/2025. The amendment adds previously omitted sales of 6,928 shares of Class A common stock sold at a weighted average price of $64.66 (individual sale prices ranged from $64.32 to $65.15). Following the reported transactions, the filing shows 101,473 Class A shares beneficially owned indirectly by PJB Holdings LLC and an additional line reporting 2,885,496 shares tied to restricted stock units (vested and unvested) as described in the footnotes. The amendment states the sales reduce the number of shares indirectly beneficially owned and corrects the original Form 4; it was signed by an authorized signatory on 10/03/2025.
Positive
- Amended disclosure corrects prior omission and updates beneficial ownership
- Sale details include a weighted average price and explicit price range, increasing transparency
Negative
- None.
Insights
Amendment records small open-market sales by the CFO on 09/19/2025.
The filing explicitly reports 6,928 Class A shares sold at a weighted average of $64.66, with sale prices ranging from $64.32 to $65.15.
This amended Form 4 corrects the prior report by adding the omitted sales and shows the post-transaction indirect beneficial ownership at 101,473 shares via PJB Holdings LLC plus a separate reported amount of 2,885,496 shares linked to restricted stock units.
Filing is procedural: an amendment to correct previously omitted sales.
The remarks state the amendment adds shares sold on 09/19/2025 and reduces previously reported indirect holdings accordingly; all other originally reported information is described as accurate.
The form is signed by an authorized signatory on 10/03/2025, showing the company received an updated, corrected disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 6,928 | $64.66 | $448K |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- Represents number of securities acquired by a limited liability company, owned indirectly by the Reporting Person, in a partial redemption of its interest in IBG Holdings LLC. Such securities were acquired by IBG Holdings LLC from Interactive Brokers Group, Inc. immediately prior to the redemption in exchange for membership interest in IBG LLC. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.32 to $65.15. 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 footnote (2) to this Form 4. 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") and (b) unvested restricted stock units that were awarded under the Plan.
