Form 4: Interactive Brokers CAO Reports Stock Disposition
Statement of Changes in Beneficial Ownership
Chief Accounting Officer Denis Mendonca disposed of 11,157 shares of Interactive Brokers Group, Inc. to cover tax obligations.
Summary
- Denis Mendonca, Chief Accounting Officer of Interactive Brokers Group, Inc., reported the disposition of 11,157 shares of Class A common stock.
- The transaction occurred on May 8, 2026, at a price of $84.42 per share.
- The disposition was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following this transaction, the reporting person maintains a beneficial ownership of 145,071 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the share disposition is purely administrative and related to tax obligations rather than a change in investment outlook.
Positives
- The transaction was a routine administrative action related to tax withholding upon the vesting of equity awards, rather than a discretionary market sale.
Negatives
- The transaction results in a reduction of the officer's direct equity stake in the company.
Risks
- None identified; this is a standard regulatory disclosure for executive compensation tax compliance.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this regulatory filing.
Industry Context
StockSavvy.ai notes that routine tax-related share withholdings by executives are standard industry practice and generally do not signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices for equity-based compensation plans at major financial services firms like Charles Schwab or E*TRADE.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.
Next Steps
- None indicated.
Key Dates
| Date | Description |
|---|---|
| 05/08/2026 | Date of the transaction and vesting of restricted stock units. |
| 05/26/2026 | Deemed execution date of the transaction. |
| 05/28/2026 | Date the Form 4 was signed and filed. |
Keywords
Interactive Brokers, IBKR, Insider Trading, Form 4, Executive Compensation, Stock Vesting
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