Director at LPL Financial (NASDAQ: LPLA) awarded fully vested stock units

Rhea-AI Filing Summary

LPL Financial Holdings Inc. director Allison Mnookin received an award of 3 fully vested stock units of common stock on a grant coded as a compensation-related acquisition. These units were credited to her deferred compensation plan account as dividend equivalents, bringing her direct holdings to 11,761 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mnookin Allison

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3	$0.00	--

Holdings After Transaction: Common Stock — 11,761 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock units granted: 3 stock units Holdings after transaction: 11,761 shares Grant price per unit: $0.0000 per share

3 metrics

Stock units granted 3 stock units Director award on June 4, 2026

Holdings after transaction 11,761 shares Common stock directly held after grant

Grant price per unit $0.0000 per share Non-cash, fully vested stock unit award

Key Terms

stock units, 2021 Omnibus Equity Incentive Plan, Non-Employee Director Deferred Compensation Plan, DDCP, +1 more

5 terms

stock units financial

"Represents stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan."

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

2021 Omnibus Equity Incentive Plan financial

"Represents stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan."

Non-Employee Director Deferred Compensation Plan financial

"subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan"

DDCP financial

"The stock units reported hereby were credited to the reporting person's DDCP account"

quarterly cash dividend financial

"credited ... in connection with a quarterly cash dividend that was paid on shares of common stock."

A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mnookin Allison

(Last) (First) (Middle)

C/O LPL FINANCIAL HOLDINGS INC.

4707 EXECUTIVE DRIVE

(Street)

SAN DIEGO CALIFORNIA 92121

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LPL Financial Holdings Inc. [ LPLA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/04/2026		A		3(1)	A	$0	11,761	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan. Each stock unit represents the right to receive one share of common stock and is fully vested. The reporting person was previously granted stock units that were subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan (the "DDCP"), which stock units are fully vested as of the date hereof. The stock units reported hereby were credited to the reporting person's DDCP account in connection with a quarterly cash dividend that was paid on shares of common stock.

Remarks:

The signatory is signing on behalf of Allison Mnookin pursuant to a Power of Attorney dated November 19, 2024.

	/s/ Robert S. Hatfield III, attorney-in-fact	06/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did LPL Financial (LPLA) director Allison Mnookin report in this Form 4?

Allison Mnookin reported receiving 3 fully vested stock units of LPL Financial common stock as a compensation-related grant. The units were credited as dividend equivalents to her deferred compensation plan account under existing company equity plans.

How many LPL Financial (LPLA) shares does Allison Mnookin hold after this transaction?

After the reported transaction, Allison Mnookin holds 11,761 shares of LPL Financial common stock directly. This total includes the 3 fully vested stock units granted and reflects her position following the June 4, 2026 Form 4 acquisition.

What type of award did Allison Mnookin receive from LPL Financial (LPLA)?

She received stock units granted under LPL Financial’s 2021 Omnibus Equity Incentive Plan. Each stock unit represents the right to receive one share of common stock and is fully vested, functioning as a compensation-related, non-cash equity award for a non-employee director.

How were the new LPL Financial (LPLA) stock units credited to Allison Mnookin?

The stock units were credited to Allison Mnookin’s account under the Non-Employee Director Deferred Compensation Plan. They were added in connection with a quarterly cash dividend paid on LPL Financial common stock, effectively providing dividend-equivalent stock units instead of cash.

Was there a purchase price for Allison Mnookin’s LPL Financial (LPLA) stock units?

No cash purchase price applied to this grant; the units are shown with a per-share price of 0.0000. The filing describes them as fully vested stock units granted under company equity and deferred compensation plans, reflecting non-cash director compensation rather than an open-market purchase.