[Form 4] Interactive Brokers Group, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Paul J. Brody, Chief Financial Officer and Director of Interactive Brokers Group, Inc. (IBKR), reported multiple open-market sales of Class A common stock on September 23 and 24, 2025. The Form 4 shows four sale transactions totaling 33,416 shares (6,227; 12,798; 13,464; 927) executed at weighted-average prices with ranges between $64.11 and $66.15. The filings show the number of Class A shares indirectly held by PJB Holdings LLC decreased across the reported transactions from 86,832 to 59,643. The Form is signed on behalf of Mr. Brody by an authorized signatory on September 25, 2025. Footnote disclosure indicates a separate position of 2,885,496 shares related to vested and unvested restricted stock units under the company Plan.
Positive
- Timely, compliant disclosure of insider transactions by the reporting person, including weighted-average prices and price ranges
- Clear identification of reporting person roles: Chief Financial Officer and Director
Negative
- Insider dispositions totaling 33,416 shares on September 23-24, 2025 reduced indirect holdings reported for PJB Holdings LLC from 86,832 to 59,643 shares
- Price pressure noted by multiple sales executed across price ranges ($64.11–$66.15), which reduced the reporter's indirect stake
Insights
TL;DR: Insider sales of 33,416 IBKR shares reported; transparency maintained but sales reduce indirect holdings materially.
The Form 4 discloses four open-market dispositions totaling 33,416 Class A shares on September 23-24, 2025 at weighted-average prices within the disclosed ranges of $64.11–$66.15. The reported indirect holdings held via PJB Holdings LLC decline from 86,832 to 59,643 shares across these transactions. The filing includes a separate disclosure of 2,885,496 shares tied to vested and unvested restricted stock units under the 2007 Plan. For investors, the data are factual reporting of insider activity and do not include commentary on intent or company performance.
TL;DR: Timely, compliant reporting by officer/director; multiple small-to-midsize sales disclosed with required footnotes.
The disclosure meets Section 16 reporting requirements, identifying Mr. Brody as both CFO and a director and providing weighted-average prices and price ranges for multiple transactions. The form clarifies indirect ownership through PJB Holdings LLC and provides footnote context for the larger 2,885,496-share position comprised of RSUs. The filing is complete in its factual details and signed by an authorized representative.