Form 4: Interactive Brokers Group CFO Paul J. Brody Reports Stock Transaction
SEC Form 4 Filing
Paul J. Brody, CFO of Interactive Brokers Group, reports the disposition of 22,883 shares of Class A common stock to cover taxes upon vesting of restricted stock units.
Summary
- On May 9, 2024, Paul J. Brody, the Chief Financial Officer of Interactive Brokers Group, Inc., disposed of 22,883 shares of Class A common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $119.13.
- Following the transaction, Brody beneficially owns 725,294 shares of Class A common stock, including vested and unvested restricted stock units awarded under the company's 2007 Stock Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership. It doesn't necessarily reflect a change in the company's outlook or strategy.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction (disposal of shares). |
| 05/22/2024 | Deemed execution date of the transaction. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
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