LPL Financial Holdings Inc. Files 8-K/A Amendment
Ticker: LPLA · Form: 8-K/A · Filed: Dec 9, 2024 · CIK: 1397911
Sentiment: neutral
Topics: amendment, material-agreement, financial-obligation
TL;DR
LPL Financial Holdings Inc. filed an 8-K/A amendment on Dec 5, 2024, related to a material agreement/financial obligation.
AI Summary
LPL Financial Holdings Inc. filed an amendment (8-K/A) on December 9, 2024, to a previous filing concerning a material definitive agreement and a direct financial obligation. The amendment relates to events that occurred on December 5, 2024. Specific details of the agreement or obligation are not fully disclosed in this excerpt.
Why It Matters
This amendment to a previous filing indicates a significant update or correction regarding a material agreement or financial obligation for LPL Financial Holdings Inc., potentially impacting its financial standing or operational commitments.
Risk Assessment
Risk Level: medium — Amendments to 8-K filings often signal significant corporate events or corrections that could impact investor understanding and the company's financial health.
Key Players & Entities
- LPL Financial Holdings Inc. (company) — Registrant
- December 5, 2024 (date) — Earliest event reported
- December 9, 2024 (date) — Filing date of amendment
FAQ
What specific material definitive agreement is being amended or referenced in this 8-K/A filing?
The provided excerpt does not specify the details of the material definitive agreement, only that it is the subject of the amendment.
What is the nature of the direct financial obligation or off-balance sheet arrangement mentioned?
The excerpt indicates the filing relates to a direct financial obligation or an obligation under an off-balance sheet arrangement, but does not provide specific details.
What was the original filing date for the 8-K that this 8-K/A is amending?
The original filing date is not explicitly stated in this excerpt, only that this is Amendment No. 1.
What is the significance of the 'Date As Of Change' being December 5, 2024?
This date signifies the earliest event reported in the filing, which is the date of the event that the amendment pertains to.
What is LPL Financial Holdings Inc.'s primary business sector according to the filing?
LPL Financial Holdings Inc. is listed under the Standard Industrial Classification code 6200, which corresponds to 'SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES'.
Filing Stats: 1,051 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2024-12-09 16:31:53
Key Financial Figures
- $0.001 — ch registered Common Stock - par value $0.001 per share LPLA The Nasdaq Global Se
- $4 million — terest expense savings of approximately $4 million. On December 5, 2024, LPL Holdings, I
- $1,019,175,000 — tstanding under the Borrower's existing $1,019,175,000 term loan B facility (the "Term Loan B"
- $1,020,000,000 — facility (the "Term Loan B") with a new $1,020,000,000 term loan A facility (the "Term Loan A"
Filing Documents
- d796881d8ka.htm (8-K/A) — 30KB
- d796881dex101.htm (EX-10.1) — 1351KB
- 0001193125-24-273442.txt ( ) — 1808KB
- lpla-20241205.xsd (EX-101.SCH) — 3KB
- lpla-20241205_lab.xml (EX-101.LAB) — 18KB
- lpla-20241205_pre.xml (EX-101.PRE) — 11KB
- d796881d8ka_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 10.1 Ninth Amendment, dated December 5, 2024, among the Borrower, LPL Financial Holdings Inc., JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders and parties party thereto 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LPL FINANCIAL HOLDINGS INC. By: /s/ Matthew J. Audette Name: Matthew J. Audette Title: President and Chief Financial Officer Dated: December 9, 2024