Insider trade

Chair sold ~$6.6M of IBKR shares in the open market

Traded Jan 23, 2026 · Filed Jan 26, 2026

Interactive BrokersIBKR

~$6.6M
Reported value · 85K sh @ $77.65: 215K
Holds after · shares reported: +10.6%
stock since the trade · S&P 500 +10.8%, $77.58 → $85.81 on Oct 1

Why it stands out

Interactive Brokers's Vice Chairman sold $6.6M of Interactive Brokers shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 23, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 26, 2026

ChairIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$6,595,203

Shares × reported transaction price

Timing vs results

3 days after results of Jan 20, 2026, 88 days before results of Apr 21, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $77.58 on Jan 23, 2026, at its 52-week high, after an 18% rise over the previous 30 trading days

52-week range $36.0725 (Apr 7, 2025) to $77.58 (Jan 23, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $65.56 on Dec 9, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Oct 15, 2025 in the U.S. District Court, S.D. New York. A filing is an allegation, not a finding.

XDOOD LLC v. Interactive Brokers Group, Inc., docket 1:25-cv-08536, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-0.7%	-0.9%	+0.1%
30 days	-1.2%	-0.9%	-0.3%
90 days	+2.8%	+2.8%	-0.0%
180 days	+22.2%	+6.3%	+16.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001381197-26-000056
Filed / recorded: Jan 26, 2026, 10:00 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Interactive Brokers Group, Inc.
Issuer CIK: 1381197
Ticker: IBKR
Reporting person: Earl H Nemser
Relationship: Director, Officer
Officer title: Vice Chairman
Security: Class A common stock
Table: Non-derivative (Table I)
Transaction date: Jan 23, 2026
Transaction code: S
Shares / units: 84,935
Price per share: $77.65
Acquired / disposed: Disposed (D)
Shares owned after: 215,065
Ownership form: Indirect — by EN Holdings LLC
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.02 to $78.01.
Represents number of securities owned by EN Holdings LLC, which is owned by the Reporting Person and his affiliates.