other material
confidence high
sentiment neutral
materiality 0.55
Interactive Brokers CIO adopts Rule 10b5-1 plan to sell 2M shares
Interactive Brokers Group, Inc.
- Dr. Thomas Frank, EVP and CIO, adopted a plan on July 30, 2021 to sell 2,000,000 Class A common shares.
- Shares were obtained through partial redemption of his interests in IBG Holdings LLC per prospectus supplement.
- Sales will occur over time at market prices; Frank has no control over timing; plan valid until July 20, 2022.
- Plan adopted for personal tax, asset diversification, and liquidity purposes.