Form 4: Interactive Brokers CEO Milan Galik's Stock Grants

Interactive Brokers CEO Milan Galik reported the acquisition of 225,039 Class A common stock through restricted stock unit grants.

Summary

• Milan Galik, CEO and Director of Interactive Brokers Group, Inc. (IBKR), reported changes in his beneficial ownership of Class A common stock.
• Galik acquired 224,650 Class A common stock through a grant of restricted stock units under the 2007 Stock Incentive Plan, which will vest 20% on or about May 9, 2026, and 20% on each of the first four anniversaries of May 9, 2026.
• Additionally, Galik acquired 389 Class A common stock as an annual grant of restricted stock units for being a member of the Board of Directors, which vested immediately on December 31, 2025, at a price of $64.31 per share.
• Following these transactions, Milan Galik beneficially owns a total of 3,470,039 Class A common stock, which includes both vested and unvested restricted stock units.

Sentiment

Score: 6

Explanation: The filing reports an insider acquisition of shares through restricted stock unit grants, which generally indicates management's alignment with shareholder interests and confidence in the company's future.

Positives

• The acquisition of additional shares by the CEO through restricted stock unit grants aligns management's interests with those of shareholders.
• The immediate vesting of 389 shares for board service demonstrates ongoing compensation and commitment.

Future Outlook

The filing primarily reports past transactions and does not provide a broad future outlook for the company. However, it outlines the future vesting schedule for a significant portion of the CEO's restricted stock units.

Industry Context

This filing is a standard insider transaction report and does not provide information related to broader industry trends or competitive landscape. It reflects executive compensation and ownership structure within Interactive Brokers.

Related Party Transactions

• Grants of restricted stock units to Milan Galik, the CEO and a Director, under the company's 2007 Stock Incentive Plan, representing executive compensation.

Stakeholder Impact

• Shareholders: The grants increase the CEO's beneficial ownership, potentially strengthening alignment between management and shareholder interests.

Next Steps

• The 224,650 restricted stock units will vest 20% on or about May 9, 2026, and 20% on each of the first four anniversaries of May 9, 2026.

Key Dates

Keywords

Interactive Brokers, IBKR, Milan Galik, Form 4, Insider Transaction, Stock Grant, Restricted Stock Units, CEO, Director, Beneficial Ownership