Form 4: IBKR EVP Frank Receives Restricted Stock Grant

Interactive Brokers Group, Inc. Executive Vice President Thomas AJ Frank was granted 13,944 restricted stock units and saw his holdings adjusted for a four-for-one stock split.

Summary

• Executive Vice President Thomas AJ Frank of Interactive Brokers Group, Inc. (IBKR) was granted 13,944 Class A common stock restricted stock units on December 31, 2025.
• These restricted stock units were granted under the 2007 Stock Incentive Plan and will vest in five equal annual installments of 20%, starting on or about May 9, 2026, and continuing on each of the first four anniversaries thereafter.
• The reporting person's beneficial ownership of Class A common stock increased by 201,978 shares due to a four-for-one stock split effected by the issuer on June 17, 2025.
• Following these transactions, Thomas AJ Frank beneficially owns 283,248 shares of Class A common stock, which includes both vested and unvested restricted stock units.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation grant and the impact of a stock split. While not a major market-moving event, the grant of restricted stock units is a positive for executive retention and alignment with shareholder interests, indicating stability and ongoing incentive programs.

Positives

• Grant of 13,944 restricted stock units to Executive Vice President Thomas AJ Frank, aligning his interests with long-term shareholder value.
• The four-for-one stock split on June 17, 2025, increased the number of shares held by the reporting person by 201,978, potentially enhancing liquidity and accessibility for investors.

Future Outlook

The granted restricted stock units will vest in five annual installments of 20% each, commencing on or about May 9, 2026, and continuing for the subsequent four years, indicating a long-term incentive structure for the executive.

Industry Context

This Form 4 filing details a routine insider transaction involving executive compensation and a stock split. Such grants are common practice in the financial services industry to incentivize executives and align their interests with long-term company performance. Stock splits are also a common corporate action, often aimed at making shares more accessible to a broader range of investors.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of restricted stock units represents potential future dilution as shares vest, but also aims to align executive incentives with long-term shareholder value. The stock split may increase liquidity and accessibility of shares.
• Employees: The filing specifically relates to an executive's compensation, but the existence of a stock incentive plan suggests broader employee incentive programs may be in place.
• Executive (Thomas AJ Frank): Directly benefits from the grant of restricted stock units, increasing his long-term equity stake in the company.

Next Steps

• The restricted stock units will vest in 20% increments on or about May 9, 2026, and on each of the first four anniversaries of that date.

Key Dates

Keywords

Interactive Brokers Group, IBKR, Form 4, Insider Transaction, Restricted Stock Units, Stock Split, Executive Compensation, Beneficial Ownership