LPL Financial (LPLA) executive sells 308 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LPL Financial Holdings executive Aneri Jambusaria sold 308 shares of common stock in an open-market transaction at $306 per share. After the sale, she holds 6,415 shares, including time-vested restricted stock units scheduled to vest between February 2027 and February 2029. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 3, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 308 shares ($94,248)
Net Sell
1 txn
Insider
Jambusaria Aneri
Role
Group Managing Director
Sold
308 shs ($94K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 308 | $306.00 | $94K |
Holdings After Transaction:
Common Stock — 6,415 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025. Consists of (i) 3,995 shares of Common Stock; (ii) 380 restricted stock units that vest in full on February 25, 2027; (iii) 738 restricted stock units that vest ratably on each of February 25, 2027 and February 25, 2028; and (iv) 1,302 restricted stock units that vest ratably on each of February 25, 2027, February 25, 2028 and February 25, 2029.
Key Figures
Shares sold: 308 shares
Sale price per share: $306.00 per share
Shares held after transaction: 6,415 shares
+2 more
5 metrics
Shares sold
308 shares
Open-market sale of common stock on June 17, 2026
Sale price per share
$306.00 per share
Price for the 308 shares sold
Shares held after transaction
6,415 shares
Total holdings following the reported sale
RSUs vesting 2027 (single tranche)
380 units
Restricted stock units vesting in full on February 25, 2027
RSUs vesting 2027–2029 (largest tranche)
1,302 units
RSUs vesting ratably on Feb 25, 2027, 2028 and 2029
Key Terms
Rule 10b5-1 trading plan, restricted stock units, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Consists of (i) 3,995 shares of Common Stock; (ii) 380 restricted stock units that vest in full on February 25, 2027;"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did LPL Financial (LPLA) report for Aneri Jambusaria?
LPL Financial reported that Group Managing Director Aneri Jambusaria sold 308 shares of common stock in an open-market transaction at $306 per share. This is a routine Form 4 disclosure of insider trading activity for regulatory transparency.
Was the LPL Financial (LPLA) insider sale by Aneri Jambusaria under a Rule 10b5-1 plan?
Yes. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Aneri Jambusaria on November 3, 2025. Such pre-arranged plans allow insiders to systematically sell shares according to predetermined instructions.
What restricted stock units does Aneri Jambusaria hold in LPL Financial (LPLA)?
Her holdings include 380 restricted stock units vesting in full on February 25, 2027, 738 units vesting ratably on February 25, 2027 and 2028, and 1,302 units vesting ratably on February 25, 2027, 2028, and 2029, in addition to common shares.