---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-071380"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:22:35.776596+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LPL Financial closes public offering of 5.39M shares at $320, raising ~$1.73B

## Summary
- Underwriters exercised full option; total shares issued: 5,390,625 at $320 per share.
- Gross proceeds of approximately $1.73 billion before underwriting discounts and expenses.
- Offering closed on April 2, 2025, under a shelf registration statement declared effective March 25, 2025.
- Morgan Stanley & Co. LLC acted as representative of the underwriters.

## SEC filing metadata
- accession: 0001193125-25-071380
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397911/000119312525071380/0001193125-25-071380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000119312525071380/d906863d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-071380
- JSON: https://secwatch.observer/filing/0001193125-25-071380.json
- Plain text: https://secwatch.observer/filing/0001193125-25-071380.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.