Form 4: Interactive Brokers Group Director Lawrence E. Harris Reports Acquisition of Class A Common Stock

Lawrence E. Harris, a director of Interactive Brokers Group, Inc., reported the acquisition of 142 shares of Class A common stock on December 31, 2024, as part of an annual grant of restricted stock units.

Summary

• Lawrence E. Harris, a director of Interactive Brokers Group, Inc., filed a Form 4 on January 7, 2025, reporting a transaction involving the company's Class A common stock.
• On December 31, 2024, Harris acquired 142 shares of Class A common stock.
• This acquisition was part of an annual grant of restricted stock units under the 2007 Stock Incentive Plan, as amended, for being a member of the issuer's Board of Directors, which vested immediately.
• The price per share was $176.67, representing the closing price of the issuer's Class A common stock on December 31, 2024.
• Following the reported transaction, Harris beneficially owns 63,426 shares of Class A common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of stock options vesting for a board member. It doesn't indicate any significant positive or negative outlook.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. Directors often receive stock-based compensation as part of their overall remuneration.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares relative to the total outstanding shares.

Key Dates