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

Rhea-AI Filing Summary

William F. Glavin Jr., a director of LPL Financial Holdings Inc. (LPLA), reported a transaction dated 08/29/2025 that credited vested stock units to his deferred compensation account. The filing shows 23,312 shares beneficially owned directly after the reported transaction and 2,775 shares held indirectly by a spouse's trust. The stock units represent fully vested awards under the Issuer's 2021 Omnibus Equity Incentive Plan and were credited to the Non-Employee Director Deferred Compensation Plan in connection with a quarterly cash dividend. The form was signed on behalf of Mr. Glavin by an attorney-in-fact on 09/03/2025.

Insights

Financial Analyst

TL;DR: Routine director stock-unit credit increases reported ownership; no cash purchase or sale disclosed.

The filing documents a non-cash credit of fully vested stock units to a director's deferred compensation account, increasing direct beneficial ownership to 23,312 shares and leaving 2,775 shares indirectly held via a spouse's trust. The units were granted under the 2021 Omnibus Equity Incentive Plan and were credited in connection with a dividend deferral election. This is a non-operational, equity-compensation administrative event with limited immediate financial impact on the company.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting; event is administrative and fully described.

The Form 4 provides required disclosure for a director-level compensation credit into the Non-Employee Director Deferred Compensation Plan. It specifies plan origin, vesting status, and the mechanism (dividend-related credit), and is signed by an attorney-in-fact. For governance review, the filing shows transparency on director compensation alignment but does not indicate changes in control or unusual insider trading activity.

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
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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^*

Glavin William Francis Jr

(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		10(1)	A	$0	23,312	D
Common Stock								2,775	I	Held by Spouse's Trust

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 William F. Glavin, Jr. pursuant to a Power of Attorney dated November 19, 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.

FAQ

What did William F. Glavin Jr. report on Form 4 for LPLA?

He reported a credit of fully vested stock units to his Deferred Compensation Plan on 08/29/2025, increasing direct beneficial ownership to 23,312 shares.

Were any shares purchased or sold by the reporting person in this filing (LPLA)?

No purchases or sales are reported; the transaction is a non-cash credit of vested stock units tied to a dividend deferral.

What plans governed the stock units reported by the director of LPLA?

The units were granted under the Issuer's 2021 Omnibus Equity Incentive Plan and credited to the Non-Employee Director Deferred Compensation Plan (DDCP).

How many shares does Mr. Glavin beneficially own after the reported transaction?

The Form 4 shows 23,312 shares beneficially owned directly and 2,775 shares indirectly (held by a spouse's trust) following the transaction.

Who signed the Form 4 for William F. Glavin Jr. and when?

An attorney-in-fact, Robert S. Hatfield III, signed the form on behalf of Mr. Glavin on 09/03/2025.