[Form 4] LPL Financial Holdings Inc. Insider Trading Activity

Corey E. Thomas, a director of LPL Financial Holdings Inc. (LPLA), reported an acquisition on 08/29/2025.

Rhea-AI Filing Summary

Corey E. Thomas, a director of LPL Financial Holdings Inc. (LPLA), reported an acquisition on 08/29/2025. The Form 4 shows stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan were credited to his Non-Employee Director Deferred Compensation Plan account in connection with a quarterly cash dividend. Each stock unit equals the right to receive one share and the units are fully vested. After the reported transaction, the filing shows 13,830 shares beneficially owned. The document is signed by an attorney-in-fact on behalf of Mr. Thomas.

Insights

Financial Analyst

TL;DR Routine director stock-unit crediting increased beneficial ownership to 13,830 shares; non-cash settlement tied to dividend.

The reported transaction is an administrative credit of fully vested stock units to a deferred compensation account following a quarterly cash dividend. There is no cash purchase price reported and the units represent rights to one share each. This type of filing typically reflects compensation mechanics rather than market trading activity and does not by itself indicate a change in voting control or a cash investment by the director.

Corporate Governance Expert

TL;DR Director received vested equity units credited to a deferred plan; routine disclosure for compliance with Section 16.

The Form 4 documents a routine crediting of vested stock units under the companys equity plan to the directors deferred compensation account. The disclosure clarifies the nature of indirect ownership via the DDCP and includes an attorney-in-fact signature. From a governance perspective, this is a standard compliance filing showing alignment of director compensation with equity, without indicating exceptional governance events.

Insider Trade Summary

Grant/Award: 4 shares

Grant/Award 1 txn

Insider Thomas Corey E.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4	$0.00	$0.00

Holdings After Transaction: Common Stock — 13,830 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 transaction did LPLA director Corey E. Thomas report on Form 4?

The Form 4 reports a crediting of fully vested stock units to his Non-Employee Director Deferred Compensation Plan on 08/29/2025.

How many shares does Corey E. Thomas beneficially own after the transaction (LPLA)?

The filing shows 13,830 shares beneficially owned following the reported transaction.

Were any cash purchases reported in this Form 4 for LPLA?

No cash purchase was reported; the stock units were credited in connection with a quarterly cash dividend and have a reported price of $0 in the filing.

What type of equity was reported on the Form 4 for LPLA?

The Form 4 reports stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan, each representing the right to receive one share.

Is the reported equity vested or subject to future vesting conditions?

The filing states the stock units are fully vested as of the date reported.

Who signed the Form 4 on behalf of the reporting person for LPLA?

The form was signed by Robert S. Hatfield III, attorney-in-fact, on behalf of Corey E. Thomas, dated 09/03/2025.

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

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Accepted by SEC EDGAR 09/03/2025 - 04:50 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^*

Thomas Corey E.

(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)
08/29/2025

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	08/29/2025		A		4(1)	A	$0	13,830	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 Corey E. Thomas pursuant to a Power of Attorney dated November 25, 2024.

	/s/ Robert S. Hatfield III, attorney-in-fact	09/03/2025
	** 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.