LPL director awarded 10 stock units

LPL Financial Holdings Inc. director James S. Putnam received 10 stock units of common stock as a fully vested equity award.

Rhea-AI Filing Summary

LPL Financial Holdings Inc. director James S. Putnam received 10 stock units of common stock as a fully vested equity award. The units were granted under the 2021 Omnibus Equity Incentive Plan and credited to his deferred compensation plan account in connection with a quarterly cash dividend. Following this grant, he holds 136,668.5 shares or stock units directly, indicating a routine, compensation-related acquisition rather than an open-market purchase.

Insider Trade Summary

Grant/Award: 10 shares

Grant/Award 1 txn

Insider Putnam James S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10	$0.00	$0.00

Holdings After Transaction: Common Stock — 136,668.5 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 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.

FAQ

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

What insider transaction did LPL Financial (LPLA) report for James S. Putnam?

LPL Financial reported that director James S. Putnam received 10 stock units of common stock. These fully vested units were granted under the 2021 Omnibus Equity Incentive Plan and credited to his deferred compensation plan in connection with a quarterly cash dividend.

Was the LPL Financial (LPLA) Form 4 transaction an open-market buy or a stock award?

The Form 4 transaction reflects a stock award, not an open-market buy. James S. Putnam acquired 10 fully vested stock units as a grant under LPL Financial’s 2021 Omnibus Equity Incentive Plan, tied to a quarterly cash dividend and credited to his deferred compensation plan.

How many LPL Financial (LPLA) shares or units does James S. Putnam hold after this Form 4?

After this transaction, James S. Putnam holds 136,668.5 shares or stock units of LPL Financial common stock directly. The additional 10 stock units reported on the Form 4 are small relative to his existing direct holdings and arise from routine director compensation programs.

What plan governs the 10 stock units granted to the LPL Financial (LPLA) director?

The 10 stock units were granted under LPL Financial’s 2021 Omnibus Equity Incentive Plan. Each unit represents the right to receive one share of common stock and is fully vested, with the units credited to the director’s deferred compensation plan account tied to a quarterly dividend.

How were the new LPL Financial (LPLA) stock units for James S. Putnam determined?

The new stock units were credited in connection with a quarterly cash dividend on LPL Financial common stock. Under the Non-Employee Director Deferred Compensation Plan, dividend equivalents are added as fully vested stock units, resulting here in 10 additional common stock units for James S. Putnam.

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

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Accepted by SEC EDGAR 03/26/2026 - 04:17 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^*

Putnam James S

(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		10(1)	A	$0	136,668.5	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 James S. Putnam pursuant to a Power of Attorney dated November 21, 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)