LPL Financial (LPLA) director James Putnam makes charitable gift of shares

Q: What insider transaction did LPL Financial (LPLA) director James S. Putnam report?

James S. Putnam reported a bona fide charitable gift of 100 shares of LPL Financial common stock. The Form 4 identifies this as a G-code transaction, meaning it is a gift rather than an open-market purchase or sale.

Q: Did James S. Putnam sell any LPL Financial (LPLA) shares in this Form 4?

No, the Form 4 reports a gift transfer , not a sale. The transaction code is G for bona fide gift, with a price per share of $0.0000 , confirming it was a non-sale, charitable disposition of shares.

Q: How many LPL Financial (LPLA) shares did Putnam gift and on what date?

James S. Putnam gifted 100 shares of LPL Financial common stock on May 7, 2026 . The filing classifies this as a non-derivative transaction in common stock and describes it as a charitable gift of securities by the reporting person.

Q: Does the reported LPL Financial (LPLA) transaction involve options or other derivatives?

No, the transaction involves only non-derivative Common Stock . The Form 4’s derivative summary is empty, and the reported activity covers a direct charitable gift of common shares, with no option exercises or other derivative transactions disclosed.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LPL Financial Holdings Inc. director James S. Putnam reported a charitable gift of company shares. On May 7, 2026, he transferred 100 shares of Common Stock as a bona fide charitable gift, receiving no sale proceeds.

After this gift, Putnam directly owns 136,568.5 shares of LPL Financial Holdings common stock, indicating the transaction was very small relative to his remaining position.

Insider Trade Summary

100 shares gifted

Mixed 1 txn

Insider Putnam James S

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	100	$0.00	--

Holdings After Transaction: Common Stock — 136,568.5 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares gifted: 100 shares Post-transaction holdings: 136,568.5 shares Gift price per share: $0.0000 per share +1 more

4 metrics

Shares gifted 100 shares Charitable bona fide gift on May 7, 2026

Post-transaction holdings 136,568.5 shares Common Stock directly owned after gift

Gift price per share $0.0000 per share Indicates no sale proceeds; bona fide gift

Gift transactions 1 gift, 100 shares From transaction summary giftCount and giftShares

Key Terms

Form 4, bona fide gift, Common Stock, charitable gift

4 terms

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

bona fide gift financial

"transaction_code_description": "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

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.

charitable gift financial

"This transaction was a charitable gift of securities"

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:09 PM

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)
05/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		G⁽¹⁾		100	D	$0	136,568.5	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was a charitable gift of securities by the reporting person.

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	05/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

James S. Putnam reported a bona fide charitable gift of 100 shares of LPL Financial common stock. The Form 4 identifies this as a G-code transaction, meaning it is a gift rather than an open-market purchase or sale.

Did James S. Putnam sell any LPL Financial (LPLA) shares in this Form 4?

No, the Form 4 reports a gift transfer, not a sale. The transaction code is G for bona fide gift, with a price per share of $0.0000, confirming it was a non-sale, charitable disposition of shares.

How many LPL Financial (LPLA) shares did Putnam gift and on what date?

James S. Putnam gifted 100 shares of LPL Financial common stock on May 7, 2026. The filing classifies this as a non-derivative transaction in common stock and describes it as a charitable gift of securities by the reporting person.

What are James S. Putnam’s LPL Financial (LPLA) holdings after the reported gift?

Following the charitable gift, James S. Putnam directly owns 136,568.5 shares of LPL Financial common stock. This remaining position, reported in the Form 4, shows the 100-share gift is small relative to his overall direct holdings.

Does the reported LPL Financial (LPLA) transaction involve options or other derivatives?

No, the transaction involves only non-derivative Common Stock. The Form 4’s derivative summary is empty, and the reported activity covers a direct charitable gift of common shares, with no option exercises or other derivative transactions disclosed.