Form 4: LPL Financial Holdings Executive Sells Shares
Insider Transaction (Form 4)
Greg Gates, Group Managing Director of LPL Financial Holdings Inc., sold 4,119 shares of common stock on August 20, 2026 for $355.38 per share.
Summary
- Option exercise/conversion: acquired 7,189 Common Stock at $77.53 ($557,363) on August 20, 2026; holds 27,721 after (Direct).
- Open-market sale: disposed of 4,119 Common Stock at $355.38 ($1,463,810) on August 20, 2026; holds 23,602 after (Direct).
- Option exercise/conversion: disposed of 7,189 Option to purchase Common Stock on August 20, 2026 (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,463,810 of stock on the open market.
Insider Transactions
Greg Gates — Officer (Group Managing Director)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-20 | Option exercise/conversion | Common Stock | 7,189 | $78 | $557.4K | 27,721 |
| 2026-08-20 | Open-market sale | Common Stock | 4,119 | $355 | $1.5M | 23,602 |
| 2026-08-20 | Option exercise/conversion | Option to purchase Common Stock | 7,189 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-20 | Option exercise/conversion (7,189 shares) |
| 2026-08-20 | Open-market sale (4,119 shares) |
| 2026-08-20 | Option exercise/conversion (7,189 shares) |
Keywords
insider transaction, Form 4, LPLA, LPL Financial Holdings Inc., bearish, Greg Gates
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