Form 4: Interactive Brokers Group, Inc.: Officer Thomas AJ Frank Reports Changes in Beneficial Ownership

Thomas AJ Frank, Chief Information Officer of Interactive Brokers Group, Inc., reported changes in beneficial ownership of Class A common stock due to the vesting of restricted stock units on May 9, 2024.

Summary

• On May 24, 2024, Thomas AJ Frank, the Chief Information Officer of Interactive Brokers Group, Inc., filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of the company's Class A common stock.
• On May 9, 2024, 8,127 shares were disposed of at a price of $119.13.
• This transaction resulted from the vesting of restricted stock units.
• Following the reported transaction, Frank directly owns 68,829 shares of Class A common stock, including vested and unvested restricted stock units awarded under the 2007 Stock Incentive Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies like Interactive Brokers Group, Inc.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is primarily related to executive compensation.

Key Dates