[144] LPL Financial Holdings Inc. SEC Filing

Rhea-AI Filing Summary

LPL Financial Holdings (LPLA) filed a Form 144 notifying the proposed sale of 750 common shares currently held in a brokerage account. The filing lists an aggregate market value of $235,812.95 for the shares and identifies Fidelity Brokerage Services LLC as the broker with an approximate sale date of 10/06/2025 on NASDAQ. The shares were acquired through restricted stock vesting on 12/11/2020 and were paid as compensation.

The filer also reported two prior common-stock sales by the same person within the last three months: 1,500 shares on 08/05/2025 for $561,069.44 and 1,500 shares on 09/05/2025 for $507,312.67, totaling 3,000 shares and $1,068,382.11 in gross proceeds.

Positive

• Disclosure compliance observed: sale reported on Form 144 with broker and acquisition details
• Securities originated from restricted stock vesting, indicating lawful acquisition and standard compensation treatment

Negative

• Recent insider selling is material: 3,000 shares sold in the past three months totaling $1,068,382.11
• Additional supply risk: proposed sale of 750 shares could add to recent selling pressure if followed by more filings

Insights

Securities Compliance Analyst

Form 144 documents a Rule 144 sale by a reporting person using standard disclosure.

The filing shows the sale is of restricted shares vested on 12/11/2020 and is being routed through Fidelity Brokerage Services, which aligns with common procedures to meet Rule 144 conditions before public resale.

Key dependencies include continued compliance with Rule 144 volume and holding-period requirements; investors can monitor whether future filings show additional planned sales or an adopted 10b5-1 plan and whether aggregate sales accelerate over the next 3 months.

Equity Trading Analyst

Recent activity shows material insider liquidity: 3,000 shares sold in two months, plus a proposed 750-share sale.

The two prior trades produced $1,068,382.11 in proceeds, indicating meaningful disposition relative to the single proposed lot of 750 shares. Such cadence can increase share supply in the open market over a short horizon.

Watch for additional Form 144 notices or Form 4 filings within the next 30–90 days to gauge whether selling continues or was a one‑time liquidity event tied to vested compensation.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	750	235812.95	80004103	10/06/2025	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	12/11/2020	Restricted Stock Vesting	Issuer			750	12/11/2020	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gregory S. Gates 4707 Executive Drive San Diego CA 92121	Common	08/05/2025	1500	561069.44
Gregory S. Gates 4707 Executive Drive San Diego CA 92121	Common	09/05/2025	1500	507312.67

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for LPLA announce?

It notifies a proposed sale of 750 common shares valued at $235,812.95 with an approximate sale date of 10/06/2025 on NASDAQ.

How were the 750 shares acquired for the LPLA filing?

The shares were acquired via restricted stock vesting on 12/11/2020 and were paid as compensation.

Has the filer sold other LPLA shares recently?

Yes. The filer sold 1,500 shares on 08/05/2025 for $561,069.44 and 1,500 shares on 09/05/2025 for $507,312.67, totaling 3,000 shares and $1,068,382.11 in gross proceeds in the past three months.

Who is the broker handling the proposed sale?

The broker listed for the proposed sale is Fidelity Brokerage Services LLC at the address provided in the filing.

Does this filing indicate unlawful conduct or insider trading allegations?

No. The filing documents a Rule 144 notice and states the seller represents they lack undisclosed material adverse information; it does not allege any misconduct.