{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-240432","form_type":"8-K","ticker":"LPLA","cik":"0001397911","company_name":"LPL Financial Holdings Inc.","filed_at":"2024-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.340906+00:00","generated_at":"2026-05-30T12:18:51.425811+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"LPL Financial names Rich Steinmeier permanent CEO, Matt Audette President & CFO","bullets":["Steinmeier, previously interim CEO since Oct 1, appointed CEO and elected to board effective Oct 17, 2024.","Audette, CFO since 2015, expands role to President while maintaining CFO duties.","Steinmeier's total target annual compensation: $12M ($900k base, $2.7M cash bonus, $8.4M LTI).","Audette's total target annual compensation: $8M ($750k base, $1.875M cash bonus, $5.375M LTI).","Steinmeier fills board vacancy from Dan Arnold's resignation; no other arrangements or understandings."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-240432","json":"https://secwatch.observer/filing/0001193125-24-240432.json","markdown":"https://secwatch.observer/filing/0001193125-24-240432.md","text":"https://secwatch.observer/filing/0001193125-24-240432.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524240432/0001193125-24-240432-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524240432/d884290d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:18:51.425811+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"afe3b1be76","claim":"Matthew Audette was appointed as President and Chief Financial Officer at LPL Financial Holdings Inc..","evidence_excerpt":"appointed Matthew Audette, 50, as the Company’s President and Chief Financial Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524240432/0001193125-24-240432-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"b1d3a3d355","claim":"Rich Steinmeier was elected as Director at LPL Financial Holdings Inc..","evidence_excerpt":"the Board also elected Mr. Steinmeier as a member of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524240432/0001193125-24-240432-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e68709f631","claim":"Rich Steinmeier was appointed as Chief Executive Officer at LPL Financial Holdings Inc..","evidence_excerpt":"On October 17, 2024, the Board of Directors (the “Board”) of LPL Financial Holdings Inc. (the “Company”) appointed Rich Steinmeier, 50, as the Company’s Chief Executive Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1397911/000119312524240432/0001193125-24-240432-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}