LPL director granted 712 deferred stock units

Mnookin Allison reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Mnookin Allison reported acquisition or exercise transactions in this Form 4 filing.

LPL Financial Holdings Inc. director Allison Mnookin received an award of 712 shares of common stock on a deferred basis as part of her board compensation. The award consists of stock units granted under the company’s 2021 Omnibus Equity Incentive Plan and is scheduled to vest in full on May 20, 2027. Following this grant, she directly holds 11,758 shares of common stock. The stock units reflect a deferral of the equity portion of her annual non-employee director retainer under the company’s deferred compensation program.

Insider Trade Summary

Grant/Award: 712 shares

Grant/Award 1 txn

Insider Mnookin Allison

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	712	$0.00	$0.00

Holdings After Transaction: Common Stock — 11,758 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 scheduled to vest in full on May 20, 2027. These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan pursuant to which the reporting person elected to defer receipt of the equity portion of the annual retainer under the Issuer's Non-Employee Director Compensation Policy.

Key Figures

Stock units granted: 712 stock units Price per unit: $0.00 per unit Shares after transaction: 11,758 shares +1 more

4 metrics

Stock units granted 712 stock units Grant of common stock units to non-employee director

Price per unit $0.00 per unit Compensation grant, not open-market purchase

Shares after transaction 11,758 shares Total LPL common shares directly held after grant

Vesting date May 20, 2027 Scheduled full vesting of 712 stock units

Key Terms

stock units, 2021 Omnibus Equity Incentive Plan, Non-Employee Director Deferred Compensation Plan, annual retainer

4 terms

stock units financial

"Represents stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan."

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

2021 Omnibus Equity Incentive Plan financial

"Represents stock units granted under the Issuer's 2021 Omnibus Equity Incentive Plan."

Non-Employee Director Deferred Compensation Plan financial

"These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan."

annual retainer financial

"the equity portion of the annual retainer under the Issuer's Non-Employee Director Compensation Policy."

FAQ

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

What did LPL Financial (LPLA) director Allison Mnookin report on this Form 4?

Allison Mnookin reported receiving an award of 712 stock units linked to LPL Financial common shares. These were granted as part of her non-employee director compensation and increase her direct holdings to 11,758 shares after the transaction.

How many LPLA shares did Allison Mnookin hold after the reported grant?

After the grant, Allison Mnookin directly held 11,758 shares of LPL Financial common stock. This total includes the new 712 stock units, which each represent the right to receive one share when they vest in the future.

When do Allison Mnookin’s newly granted LPLA stock units vest?

The 712 stock units granted to Allison Mnookin are scheduled to vest in full on May 20, 2027. Vesting means she will then be entitled to receive one share of LPL Financial common stock for each vested unit.

What plan governs the 712 LPLA stock units granted to Allison Mnookin?

The 712 stock units were granted under LPL Financial’s 2021 Omnibus Equity Incentive Plan. This plan provides equity-based compensation, and each stock unit represents the right to receive one share of common stock upon vesting.

Why are Allison Mnookin’s LPLA stock units described as deferred compensation?

The stock units are subject to a written deferral election under LPL Financial’s Non-Employee Director Deferred Compensation Plan. Mnookin elected to defer receipt of the equity portion of her annual director retainer, receiving stock units instead of immediate common stock.

Did Allison Mnookin buy or sell LPLA shares on the market in this filing?

The filing shows a grant of 712 stock units at a price of $0.00 per unit, reflecting compensation rather than an open-market trade. There are no reported market purchases or sales of LPL Financial shares in this Form 4.

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

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Accepted by SEC EDGAR 05/19/2026 - 04:21 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^*

Mnookin Allison

(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)
05/15/2026

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	05/15/2026		A		712(1)	A	$0	11,758	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 scheduled to vest in full on May 20, 2027. These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan pursuant to which the reporting person elected to defer receipt of the equity portion of the annual retainer under the Issuer's Non-Employee Director Compensation Policy.

Remarks:

The signatory is signing on behalf of Allison Mnookin pursuant to a Power of Attorney dated November 19, 2024.

	/s/ Robert S. Hatfield III, attorney-in-fact	05/19/2026
	** 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)