About this page
Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- Buy (P) and Sell (S)
- Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
- Value
- Shares times price, as reported on the filing.
- 10b5-1
- A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
- Late filing
- A Form 4 filed more than two business days after the trade.
- Vs. S&P 500
- How the stock did after the trade minus how the overall market did in the same weeks.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
LPL Financial Holdings Inc. (LPLA): Insider Trades and Fund Holdings
In the past 12 months, LPL Financial Holdings Inc. insiders reported no open-market purchases and 5 sales worth $2.17M; 3 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144), Congress trades and fund moves in the past year, newest first.
- Oct 27, 2026NewsCompany reported: Quarterly or annual results
- Sep 11, 2026Insider salePrincipal Accounting Officer Katharine Reeping sold $153,049
- Sep 11, 2026Planned saleReeping Katharine (officer) filed notice to sell about $153,049 around Sep 11, 2026
- Aug 27, 2026Insider saleGroup Managing Director Aneri Jambusaria sold $110,067 under a 10b5-1 plan
- Aug 27, 2026Planned saleJambusaria Aneri (officer) filed notice to sell about $110,067 around Aug 27, 2026
- Aug 20, 2026Insider saleGroup Managing Director Greg Gates sold $1.5 million
- Aug 20, 2026Planned saleGates Greg (officer) filed notice to sell about $1.5 million around Aug 20, 2026
- Jul 31, 2026Insider saleGroup Managing Director Matthew Enyedi sold $352,718 under a 10b5-1 plan (1 days after: quarterly or annual results)
- Jul 31, 2026Planned saleEnyedi Matthew (officer) filed notice to sell about $352,716 around Jul 31, 2026
- Jul 30, 2026NewsCompany reported: Quarterly or annual results
- Jun 30, 2026FundBridgewater Associates opened a position in Q2 2026 (13F filed Aug 14, 2026)
- Jun 30, 2026FundLone Pine Capital cut 40% in Q2 2026 (13F filed Aug 14, 2026)
- Jun 30, 2026FundRenaissance Technologies added 26% in Q2 2026 (13F filed Aug 13, 2026)
- Jun 17, 2026Insider saleGroup Managing Director Aneri Jambusaria sold $94,248 under a 10b5-1 plan
- Jun 11, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- Jun 5, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- May 1, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- Apr 6, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- Mar 27, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- Dec 10, 2025CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Sep 14, 2026.
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 14 | Katharine ReepingPrincipal Accounting Officer | ▼ SELL | $153K |
| Aug 31 | Aneri JambusariaGroup Managing Director | ▼ SELL10b5-1 | $110K |
| Aug 21 | Greg GatesGroup Managing Director | ▼ SELL | $1.46M |
| Aug 4 | Matthew EnyediGroup Managing Director | ▼ SELL10b5-1 | $353K |
| Jun 22 | Aneri JambusariaGroup Managing Director | ▼ SELL10b5-1 | $94K |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| Katharine Reeping | Principal Accounting Officer | 0 | $0 | 1 | $153K |
| Aneri Jambusaria | Group Managing Director | 0 | $0 | 2 | $204K |
| Greg Gates | Group Managing Director | 0 | $0 | 1 | $1.46M |
| Matthew Enyedi | Group Managing Director | 0 | $0 | 1 | $353K |
Trades by members of Congress
Reported under the STOCK Act. Amounts are ranges from the form. All Congress trades →
| Filed | Member | Type | Amount |
|---|---|---|---|
| Jul 2 | ▲ BUY | $1K–$15K | |
| Jul 2 | ▲ BUY | $1K–$15K | |
| May 15 |  Rep. Val T. HoyleD-OR-4 | ▼ SELL | $1K–$15K |
| May 8 | ▲ BUY | $1K–$15K | |
| May 8 | ▲ BUY | $1K–$15K | |
| Apr 7 | ▲ BUY | $1K–$15K | |
| Jan 12 | ▲ BUY | $1K–$15K | |
| Sep 12 | Rep. Val T. HoyleD-OR-4 | ▲ BUY | $1K–$15K |
Buybacks and executive pay
LPL Financial Holdings Inc. spent $100 million buying back its own shares in 2025.
From the company's XBRL data filed with the SEC. "Actually paid" is the SEC's pay-versus-performance measure, which counts changes in the value of stock awards. "Value of $100 invested" is the company's cumulative shareholder return as reported, usually measured from five years earlier. See all buybacks and CEO pay across companies.
A All 5 insider trades reported on time. How it is graded
Tracked funds that report LPLA
From each fund's latest 13F. Holdings are as of quarter end and are filed up to 45 days later.
| Fund | Shares | Value | Change |
|---|---|---|---|
| Lone Pine Capital | 1,219,099 | $343.4M | ▼ −40.5% |
| Markel Group | 559,951 | $157.7M | No change |
| Renaissance Technologies | 151,660 | $42.7M | ▲ +25.8% |
| Bridgewater Associates | 6,900 | $1.94M | ▲ New |
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →