LPL director Mnookin awarded 2 stock units
LPL Financial Holdings Inc. (LPLA) director Allison Mnookin reported an acquisition of 2 stock units of common stock on August 28, 2026.
Rhea-AI Filing Summary
LPL Financial Holdings Inc. (LPLA) director Allison Mnookin reported an acquisition of 2 stock units of common stock on August 28, 2026. The units were granted under LPL’s 2021 Omnibus Equity Incentive Plan and credited to her Non-Employee Director Deferred Compensation Plan account in connection with a quarterly cash dividend, and are fully vested. Following this award, she directly holds a total of 11,763 shares/stock units of common stock.
Positive
- None.
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Insider Trade Summary
Grant/Award: 2 shares
Grant/Award
1 txn
Insider
Mnookin Allison
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 11,763 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Stock units granted: 2 stock units
Total shares/stock units following transaction: 11,763 shares/stock units
Transaction price per share: $0.0000 per share
3 metrics
Stock units granted
2 stock units
Grant under 2021 Omnibus Equity Incentive Plan on 2026-08-28
Total shares/stock units following transaction
11,763 shares/stock units
Direct holdings of common stock after reported award
Transaction price per share
$0.0000 per share
Award of stock units with no cash price in the grant
Key Terms
2021 Omnibus Equity Incentive Plan, Non-Employee Director Deferred Compensation Plan, stock units, fully vested
4 terms
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"
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.
fully vested financial
"Each stock unit represents the right to receive one share of common stock and is fully vested."
FAQ
What did LPLA director Allison Mnookin report in this Form 4 filing?
She reported an acquisition of 2 stock units of common stock on August 28, 2026. These fully vested units were granted under LPL’s 2021 Omnibus Equity Incentive Plan and credited to her Non-Employee Director Deferred Compensation Plan account in connection with a quarterly cash dividend.
What is the nature of the 2 LPLA stock units granted to Allison Mnookin?
The 2 stock units were granted under the 2021 Omnibus Equity Incentive Plan, each representing the right to receive one share of LPL common stock. They are fully vested and were credited in connection with a quarterly cash dividend to her deferred compensation plan account.
Was the reported LPLA Form 4 transaction a market purchase or sale?
No. The Form 4 describes the transaction as a grant or award acquisition (transaction code A), not a market purchase or sale. The 2 fully vested stock units were credited under the company’s equity and deferred compensation plans in connection with a quarterly cash dividend.
Is Allison Mnookin’s Form 4 transaction under a Rule 10b5-1 plan for LPLA?
The filing’s Rule 10b5-1 checkbox is not marked as affirming such a plan (aff_10b5_one is false). The footnote instead explains the award as stock units credited under LPL’s equity and Non-Employee Director Deferred Compensation Plan in connection with a quarterly cash dividend.
AI-generated analysis. How Rhea-AI works. Not financial advice.
