SCHIFTER RICHARD P 4

What Happened
Richard P. Schifter, a director of LPL Financial Holdings, was credited with 19 stock units (reported as 19 shares) on March 24, 2026. The units were granted/credited at $0.00 (total reported value $0) and are fully vested. The units were credited to his account under the Non-Employee Director Deferred Compensation Plan (DDCP) in connection with a quarterly cash dividend on common stock.

Key Details

• Transaction date: 2026-03-24 (reported on Form 4 filed 2026-03-26).
• Transaction type/code: Award/Grant (A).
• Amount: 19 stock units @ $0.00; total reported value $0.
• Stock unit terms: Each unit represents the right to receive one share of common stock and is fully vested (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: (F1) Units granted under the 2021 Omnibus Equity Incentive Plan and credited to the DDCP due to a quarterly dividend; (F2) Reporting person is co‑trustee and remains beneficial owner of securities held in trusts for a grandchild.
• Filing timeliness: Filed within two business days of the transaction (not reported late).
• Signatory: Form was signed on behalf of Richard P. Schifter under a Power of Attorney dated Nov 19, 2024.

Context
These were stock units (a credited award tied to dividends and deferred compensation), not an open‑market purchase or sale. Such awards typically reflect plan administration (dividend credits or deferred compensation bookkeeping) rather than a direct bullish or bearish trading signal by the insider.