Attention depends on cholinergic excitation of prefrontal neurons. Knockout/knockdown studies indicate nicotinic alpha5 subunits encoded by Chrna5 are required for this response, but their native cellular roles and molecular interactions are unknown. Here, we probe endogenous cholinergic regulation of prefrontal Chrna5-expressing neurons (Chrna5+) using compound transgenic mice. Chrna5+ neurons show high sensitivity to acetylcholine, with a subpopulation clearly different from nearby, well-examined Syt6+ cells. Transcriptomic analysis reveals this distinct Chrna5+ population as subplate neurons, a diverse group of firstborn cells that have eluded previous transgenic characterization. Intriguingly, Chrna5+ subplate neurons express a distinct profile of GPI-anchored lynx prototoxins, suggesting specialized regulation of their cholinergic responses. In brain slices, endogenous nicotinic responses can be bidirectionally altered by perturbing GPI-anchored lynxes with phospholipase C activation or exogenous application of recombinant Ly6g6e prototoxin. Our work reveals cell-type specific Chrna5 and Lynx modulation leading to exquisite cholinergic sensitivity of prefrontal subplate neurons in adulthood.TeaserChrna5-expression identifies subplate neurons in the adult prefrontal cortex with enhanced cholinergic sensitivity.