Form 4: Interactive Brokers Group Vice Chairman Earl H. Nemser Reports Stock Disposal
SEC Form 4 Filing
Earl H. Nemser, Vice Chairman of Interactive Brokers Group, disposed of 4,419 shares of Class A common stock to cover vested restricted stock units.
Summary
- On May 9, 2024, Earl H. Nemser, Vice Chairman of Interactive Brokers Group, disposed of 4,419 shares of Class A common stock.
- The transaction was executed on May 22, 2024.
- The disposal was related to the vesting of restricted stock units.
- The price per share was $119.13.
- Following the transaction, Nemser beneficially owns 104,351 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 insider. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for corporate insiders and provide transparency into their transactions in company stock. This filing indicates a routine transaction related to vested stock options and is unlikely to have a significant impact on the company's overall performance or market perception.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction (disposal of shares) and vesting date of restricted stock units. |
| 05/22/2024 | Deemed execution date of the transaction. |
| 05/24/2024 | Date of signature for the Form 4 filing. |
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