IBKR (IBKR) director Lawrence E. Harris granted 389 Class A shares
Rhea-AI Filing Summary
Interactive Brokers Group, Inc. director equity grant: Director Lawrence E. Harris received 389 shares of Class A common stock on January 1, 2026 at a value of $64.31 per share, bringing his directly held stake to 199,482 shares. The grant reflects a change approved by the Board of Directors on January 22, 2026, which increased the annual equity award for all directors under the 2007 Stock Incentive Plan from $25,000 to $50,000 in restricted stock units that vest on January 1 each year.
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FAQ
What insider transaction did IBKR disclose for director Lawrence E. Harris?
IBKR disclosed that director Lawrence E. Harris acquired 389 shares of Class A common stock on January 1, 2026, coded as an acquisition of non-derivative securities.
What price was used to value Lawrence E. Harris’s new IBKR shares?
The 389 IBKR Class A shares granted to Lawrence E. Harris were valued at $64.31 per share, equal to the stock’s December 31, 2025 closing price.
How many IBKR shares does Lawrence E. Harris own after this Form 4 transaction?
After the reported grant, Lawrence E. Harris beneficially owns 199,482 shares of IBKR Class A common stock in direct form.
Why did Lawrence E. Harris receive additional IBKR restricted stock units?
The IBKR Board modified its director compensation policy on January 22, 2026, increasing annual equity awards under the 2007 Stock Incentive Plan from $25,000 to $50,000 in restricted stock units for each director.
When did the IBKR director restricted stock units vest?
The additional restricted stock units granted to Lawrence E. Harris under the revised policy vested on January 1, 2026, and were settled in 389 shares of Class A common stock.
Is the IBKR director share grant reported as a direct or indirect holding?
The 389-share grant reported for Lawrence E. Harris is listed as a direct (D) ownership position in IBKR Class A common stock.