LPL director granted 139 deferred stock units

LPL Financial Holdings Inc. director Somesh Khanna reported an equity grant under the company’s compensation plans.

Rhea-AI Filing Summary

LPL Financial Holdings Inc. director Somesh Khanna reported an equity grant under the company’s compensation plans. On February 2, 2026, he acquired 139 shares of common stock at a price of $0, bringing his directly held total to 139 shares.

The award consists of stock units granted under the 2021 Omnibus Equity Incentive Plan, with each unit representing one share of common stock. The units are scheduled to vest in full on May 13, 2026 and are subject to a deferral election under the Non-Employee Director Deferred Compensation Plan, reflecting the equity portion of his annual director retainer.

Insider Trade Summary

Grant/Award: 139 shares

Grant/Award 1 txn

Insider Khanna Somesh

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	139	$0.00	$0.00

Holdings After Transaction: Common Stock — 139 shares (Direct)

Footnotes (1)

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 scheduled to vest in full on May 13, 2026. These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan pursuant to which the reporting person elected to defer receipt of the equity portion of the annual retainer under 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 Somesh Khanna?

LPL Financial reported that director Somesh Khanna acquired 139 shares of common stock on February 2, 2026. The shares came through stock units granted under the 2021 Omnibus Equity Incentive Plan, with each unit representing one future share of common stock.

At what price were the 139 LPL Financial (LPLA) shares acquired by the director?

The 139 shares reported for director Somesh Khanna were acquired at a price of $0 per share. This reflects an equity award rather than an open-market purchase, granted under LPL Financial’s 2021 Omnibus Equity Incentive Plan for non-employee directors.

When do Somesh Khanna’s LPL Financial (LPLA) stock units vest?

The stock units reported for Somesh Khanna are scheduled to vest in full on May 13, 2026. Upon vesting, each unit entitles him to receive one share of LPL Financial common stock, subject to his deferral election under the director compensation plan.

How many LPL Financial (LPLA) shares does Somesh Khanna hold after this Form 4?

After the reported transaction, director Somesh Khanna beneficially owns 139 shares of LPL Financial common stock directly. This reflects the newly granted stock units, each corresponding to one share, as disclosed in the Form 4 insider transaction filing.

Under which plans were the LPL Financial (LPLA) stock units granted to Somesh Khanna?

The stock units were granted under LPL Financial’s 2021 Omnibus Equity Incentive Plan. They are also subject to a written deferral election under the Non-Employee Director Deferred Compensation Plan, representing the equity portion of his annual non-employee director retainer.

What is the nature of Somesh Khanna’s ownership in these LPL Financial (LPLA) shares?

The Form 4 lists direct ownership of 139 shares by director Somesh Khanna. The position arises from stock units that convert into common shares upon vesting, with the timing and form of receipt governed by his deferral election under LPL’s director compensation arrangements.

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

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Accepted by SEC EDGAR 02/04/2026 - 04:11 PM 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^*

Khanna Somesh

(Last) (First) (Middle)

C/O LPL FINANCIAL HOLDINGS INC.

4707 EXECUTIVE DRIVE

(Street)

SAN DIEGO CA 92121

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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

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

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

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	02/02/2026		A		139(1)	A	$0	139	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 scheduled to vest in full on May 13, 2026. These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan pursuant to which the reporting person elected to defer receipt of the equity portion of the annual retainer under the Issuer's Non-Employee Director Compensation Policy.

Remarks:

The signatory is signing on behalf of Somesh Khanna pursuant to a Power of Attorney dated January 9, 2026.

	/s/ Robert S. Hatfield III, attorney-in-fact	02/04/2026
	** 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.