LPL Financial insider plans sale of 440 shares

LPL Financial Holdings Inc. (LPLA) received a notice under Rule 144 for a planned sale of its common stock by Katharine Reeping.

Rhea-AI Filing Summary

LPL Financial Holdings Inc. (LPLA) received a notice under Rule 144 for a planned sale of its common stock by Katharine Reeping. The filing lists 440 shares of common stock to be sold through Fidelity Brokerage Services LLC on NASDAQ, with an aggregate market value of $153,049.27 and 78,742,290 shares of common stock outstanding. The shares derive from an ESPP purchase on August 2, 2024 and restricted stock vesting on February 25, 2025. The notice is signed by Daniel Tucci as a duly authorized representative of Fidelity, acting as attorney-in-fact for Katharine Reeping.

Key Figures

Shares to be sold: 440 shares Aggregate market value: $153,049.27 Shares outstanding: 78,742,290 shares +3 more

6 metrics

Shares to be sold 440 shares Common stock proposed for sale under Rule 144

Aggregate market value $153,049.27 Aggregate market value of the 440 shares to be sold

Shares outstanding 78,742,290 shares Common shares outstanding for LPL Financial Holdings Inc.

ESPP purchase date August 2, 2024 Origin of part of the shares to be sold

Restricted stock vesting date February 25, 2025 Origin of part of the shares to be sold

Signature date September 11, 2026 Date of signature by Daniel Tucci on behalf of Fidelity

Key Terms

Rule 144, ESPP Purchase, Restricted Stock Vesting, attorney-in-fact

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

ESPP Purchase financial

"Common | 08/02/2024 | ESPP Purchase | Issuer"

Restricted Stock Vesting financial

"Common | 02/25/2025 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

attorney-in-fact regulatory

"as attorney-in-fact for Katherine Reeping"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for LPLA?

It discloses that Katharine Reeping has filed a Rule 144 notice to sell 440 shares of LPL Financial Holdings Inc. common stock through Fidelity Brokerage Services LLC on NASDAQ, with an aggregate market value of $153,049.27 and 78,742,290 shares outstanding.

How many LPLA shares are covered by this Rule 144 notice?

The notice covers 440 shares of LPL Financial Holdings Inc. common stock proposed to be sold through Fidelity Brokerage Services LLC on NASDAQ, as stated in the securities information section.

What is the aggregate market value of the LPLA shares in this Form 144?

The filing states an aggregate market value of $153,049.27 for the 440 LPL Financial Holdings Inc. common shares to be sold under Rule 144.

How many LPLA shares are outstanding according to this filing?

The Form 144 lists 78,742,290 shares of LPL Financial Holdings Inc. common stock as outstanding in the securities information section.

What are the origins of the LPLA shares to be sold under Rule 144?

The filing shows the shares originate from an ESPP purchase dated August 2, 2024 and restricted stock vesting dated February 25, 2025, both issued by LPL Financial Holdings Inc. as consideration in cash and compensation, respectively.

Who is executing the planned LPLA share sale in this Form 144?

The planned sale of LPLA common stock is to be executed through Fidelity Brokerage Services LLC. The Form 144 is signed by Daniel Tucci as a duly authorized representative of Fidelity, acting as attorney-in-fact for Katharine Reeping.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 02:10 PM Accepted by SEC EDGAR 09/11/2026 - 02:10 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002059598
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	LPL Financial Holdings Inc.
SEC File Number	001-34963
Address of Issuer	4707 EXECUTIVE DRIVE SAN DIEGO CALIFORNIA 92121
Phone	800-877-7210
Name of Person for Whose Account the Securities are To Be Sold	Reeping Katharine
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	440	153049.27	78742290	09/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/02/2024	ESPP Purchase	Issuer			30	08/02/2024	Cash
Common	02/25/2025	Restricted Stock Vesting	Issuer			410	02/25/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/11/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Katherine Reeping
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)