Item 8.01. Other Events.
On August 19, 2020, a limited liability company owned by Mr. Earl H. Nemser,
Vice Chairman of Interactive Brokers Group, Inc. ("IBKR") and his affiliates,
adopted a Rule 10b5-1 trading plan (the "Plan") to sell the 1,000,000 (one
million) shares of IBKR Class A common stock received in partial redemption of
its interest in IBG Holdings LLC. Mr. Nemser entered into the Plan as part of
his personal long-term investment strategy for asset diversification and
liquidity.
Pursuant to the Plan, an investment firm may sell up to 1,000,000 (one million)
shares of IBKR Class A common stock over time at prevailing market prices,
subject to a minimum price threshold and other terms specified in the Plan. Mr.
Nemser and his affiliates will have no control over the timing of the stock
sales under the Plan. The transactions will occur until the earlier of the date
on which all shares are sold or the Plan is terminated in accordance with its
terms and applicable law. All transactions under the Plan will be disclosed in
accordance with applicable securities laws, rules and regulations through
appropriate filings with the Securities and Exchange Commission.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number Description
104 Cover Page Interactive Data File (the cover page XBRL tags are embedded
within the Inline XBRL Document).
(*) Filed herewith.
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