LPL director granted 712 restricted shares

LPL Financial Holdings Inc. director Albert J. Ko received a grant of 712 shares of restricted common stock under the company’s 2021 Omnibus Equity Incentive Plan, issued at no cash cost to him.

Rhea-AI Filing Summary

LPL Financial Holdings Inc. director Albert J. Ko received a grant of 712 shares of restricted common stock under the company’s 2021 Omnibus Equity Incentive Plan, issued at no cash cost to him. This restricted stock is scheduled to vest in full on May 20, 2027.

After this award and including 21 previously acquired shares, Ko now directly holds 3,299 shares of LPL Financial common stock.

Insider Trade Summary

Grant/Award: 712 shares

Grant/Award 1 txn

Insider Ko Albert J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	712	$0.00	$0.00

Holdings After Transaction: Common Stock — 3,299 shares (Direct)

Footnotes (2)

1. F1. These shares represent restricted stock that was granted under the Issuer's 2021 Omnibus Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy. This restricted stock is scheduled to vest in full on May 20, 2027.
2. F2. Includes 21 shares that were acquired before Mr. Ko became a director that were inadvertently omitted from his Form 3 filed on January 11, 2023.

Key Figures

Restricted stock grant: 712 shares Total holdings after transaction: 3,299 shares Grant price per share: $0.0000 per share +2 more

5 metrics

Restricted stock grant 712 shares Grant to director Albert J. Ko on May 15, 2026

Total holdings after transaction 3,299 shares Common stock directly held by Albert J. Ko after grant

Grant price per share $0.0000 per share Reported transaction price, indicating compensation award

Vesting date May 20, 2027 Restricted stock scheduled to vest in full

Previously acquired shares 21 shares Acquired before Ko became a director and now included

Key Terms

restricted stock, 2021 Omnibus Equity Incentive Plan, Non-Employee Director Compensation Policy

3 terms

restricted stock financial

"These shares represent restricted stock that was granted under the Issuer's 2021 Omnibus Equity Incentive Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2021 Omnibus Equity Incentive Plan financial

"restricted stock that was granted under the Issuer's 2021 Omnibus Equity Incentive Plan"

Non-Employee Director Compensation Policy financial

"pursuant to the Issuer's Non-Employee Director Compensation Policy"

FAQ

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

What insider transaction did LPL Financial (LPLA) report for Albert J. Ko?

LPL Financial reported that director Albert J. Ko received 712 shares of restricted common stock as a grant. The award was issued at no cash cost to him and increases his direct holdings in the company.

How many LPL Financial (LPLA) shares does Albert J. Ko hold after this Form 4?

After the reported grant, Albert J. Ko directly holds 3,299 shares of LPL Financial common stock. This figure includes 21 shares that were acquired before he became a director and were previously omitted from his Form 3.

When do Albert J. Ko’s new restricted LPL Financial (LPLA) shares vest?

The 712 restricted shares granted to Albert J. Ko are scheduled to vest in full on May 20, 2027. Vesting means the restrictions lapse on that date, and the shares become fully owned without forfeiture conditions.

Under what plan was Albert J. Ko’s LPL Financial (LPLA) stock grant made?

The grant to Albert J. Ko was made under LPL Financial’s 2021 Omnibus Equity Incentive Plan. It was awarded pursuant to the company’s Non-Employee Director Compensation Policy, which governs equity compensation for outside directors.

Did Albert J. Ko buy LPL Financial (LPLA) shares on the open market in this filing?

No, the Form 4 shows a grant of 712 restricted shares classified as an award acquisition. The transaction price per share is reported as $0.0000, indicating it is a compensation grant rather than an open-market purchase.

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

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Accepted by SEC EDGAR 05/19/2026 - 04:20 PM EDT Learn about SEC filing dates

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^*

Ko Albert J

(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)
05/15/2026

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	05/15/2026		A		712(1)	A	$0	3,299(2)	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. These shares represent restricted stock that was granted under the Issuer's 2021 Omnibus Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy. This restricted stock is scheduled to vest in full on May 20, 2027.

2. Includes 21 shares that were acquired before Mr. Ko became a director that were inadvertently omitted from his Form 3 filed on January 11, 2023.

Remarks:

The signatory is signing on behalf of Albert J. Ko pursuant to a Power of Attorney dated November 20, 2024.

	/s/ Robert S. Hatfield III, attorney-in-fact	05/19/2026
	** 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)