LPL Financial (NASDAQ: LPLA) director receives fully vested dividend stock units

Rhea-AI Filing Summary

Mnookin Allison reported acquisition or exercise transactions in this Form 4 filing.

LPL Financial Holdings Inc. director Allison Mnookin received an award of 3 shares of common stock on March 24, 2026. These stock units were granted under the company’s 2021 Omnibus Equity Incentive Plan, are fully vested, and were credited in connection with a quarterly cash dividend. Following the award, Mnookin directly holds 11,046 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mnookin Allison

Role Director

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

Holdings After Transaction: Common Stock — 11,046 shares (Direct)

Footnotes (1)

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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)
03/24/2026

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	03/24/2026		A		3(1)	A	$0	11,046	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	03/26/2026
	** 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 insider transaction did LPL Financial (LPLA) director Allison Mnookin report?

Allison Mnookin reported receiving 3 shares of LPL Financial common stock as a fully vested stock unit award. The units were granted under the 2021 Omnibus Equity Incentive Plan and credited in connection with a quarterly cash dividend to her deferred compensation plan account.

How many LPL Financial (LPLA) shares does Allison Mnookin hold after this Form 4?

After the reported grant, Allison Mnookin directly holds 11,046 shares of LPL Financial common stock. This total includes the 3 fully vested stock units credited on March 24, 2026, reflecting her updated direct ownership position as a company director.

What plan governed the stock units reported in this LPL Financial (LPLA) Form 4?

The stock units were granted under LPL Financial’s 2021 Omnibus Equity Incentive Plan. They are fully vested and tied to the Non-Employee Director Deferred Compensation Plan, where the units were credited in connection with a quarterly cash dividend on common shares.

Why were additional stock units credited to Allison Mnookin’s LPL Financial (LPLA) account?

The additional 3 stock units were credited in connection with a quarterly cash dividend paid on LPL Financial common stock. Under the non-employee director deferred compensation arrangement, dividend-equivalent stock units are added to the director’s deferred account when such dividends are paid.

Are the LPL Financial (LPLA) stock units reported by Allison Mnookin vested?

Yes, the stock units reported are fully vested. They represent stock units granted under the 2021 Omnibus Equity Incentive Plan and credited to Allison Mnookin’s Non-Employee Director Deferred Compensation Plan account as dividend-equivalent units linked to a quarterly cash dividend.