Form 4: Interactive Brokers Group Officer Reports Stock Disposal

Denis Mendonca, Chief Accounting Officer of Interactive Brokers Group, reports the disposal of 1,964 shares of Class A common stock to cover tax obligations upon vesting of restricted stock units.

Summary

• On May 9, 2024, Denis Mendonca, Chief Accounting Officer of Interactive Brokers Group, disposed of 1,964 shares of Class A common stock.
• The transaction was executed on May 22, 2024.
• The shares were disposed of at a price of $119.13 per share.
• The disposal was related to the satisfaction of tax obligations upon the vesting of restricted stock units.
• Following the transaction, Mendonca beneficially owns 34,987 shares of Class A common stock, including vested and unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares by an officer to cover tax obligations.

Key Dates