[Form 4] Interactive Brokers Group, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Interactive Brokers Group, Inc. (IBKR) Form 4 summary: Paul J. Brody, listed as Chief Financial Officer and a director, reported a series of sales of Class A common stock on September 25–26, 2025. The filing lists five reported dispositions totaling 31,354 shares sold across multiple transactions at weighted-average prices ranging from $63.02 to $66.30. The report notes these sales were effected in multiple trades and the reporting person will provide a detailed breakdown upon request. The filing also discloses ongoing indirect beneficial ownership through PJB Holdings LLC and a reported aggregate amount of 2,885,496 shares attributed to the reporting person, which includes vested and unvested restricted stock units awarded under the companys 2007 Stock Incentive Plan.
Positive
- Clear disclosure of weighted-average sale prices and an undertaking to provide per-trade details on request
- Continued indirect beneficial ownership through PJB Holdings LLC is explicitly stated
- Aggregate beneficial ownership including vested and unvested RSUs (2,885,496 shares) is disclosed
Negative
- Insider dispositions totaling 31,354 Class A shares were reported on 09/25/2025 and 09/26/2025
- Sales executed across multiple price ranges ($63.02 to $66.30), which may be relevant to investors tracking insider activity
Insights
TL;DR: Insider CFO sold 31,354 IBKR shares at ~$63–$66; retains substantial indirect ownership including RSUs totaling 2,885,496 shares.
The transactions are disclosed clearly with weighted-average prices and an undertaking to provide per-trade detail on request, which aids transparency. The sales occurred over two days and are reported as indirect holdings via PJB Holdings LLC. From an investor reporting perspective this is a routine Section 16 disclosure documenting insider disposals and existing beneficial ownership; the filing does not state motive or indicate changes to employment or company guidance.
TL;DR: Form 4 shows routine insider disposals with full explanatory footnotes and maintained indirect ownership; no governance changes disclosed.
The filing provides detailed explanatory footnotes about the mechanics of the transactions, including a partial redemption from IBG Holdings LLC and the composition of the reported aggregate beneficial ownership (vested and unvested RSUs). There is no indication of resignation, change in role, or other corporate governance events in this filing. The reporting and signature comply with Section 16 disclosure format.