Form 4 for VIRT Virtu Financial, Inc.
Accepted 2024-02-06 00:00:00 ET · period of report 2024-02-02 · accession 0001592386-24-000015 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-06 | 2024-02-03 | VIRT | Galvin Sean | CFO | M - OptEx | — | +20.6K | 47.5K | +77% | — |
| DM | 2024-02-06 | 2024-02-02+ | VIRT | Galvin Sean | CFO | F - Tax | — | -9,354 | 44.3K | -17% | — |
| D | 2024-02-06 | 2024-02-02 | VIRT | Galvin Sean | CFO | A - Grant | — | +5,302 | 35.1K | +18% | — |
| DM | 2024-02-06 | 2024-02-03 | VIRT | Galvin Sean | CFO | M - OptEx | $0.00 | -20.6K | 50.2K | -29% | $0 |
| D | 2024-02-06 | 2024-02-02 | VIRT | Galvin Sean | CFO | A - Grant | $0.00 | +7,952 | 52.5K | +18% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock | 2024-02-03 | M | A | 2,342 | — | 35,505 | D | — | — | (F3) Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 2 | Common | Class A common stock | 2024-02-03 | F | D | 845 | — | 34,660 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 3 | Common | Class A common stock | 2024-02-03 | M | A | 15,000 | — | 49,660 | D | — | — | (F3) Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 4 | Common | Class A common stock | 2024-02-02 | F | D | 1,912 | — | 33,163 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 5 | Common | Class A common stock | 2024-02-03 | M | A | 3,296 | — | 47,548 | D | — | — | (F3) Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 6 | Common | Class A common stock | 2024-02-03 | F | D | 1,189 | — | 46,359 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 7 | Common | Class A common stock | 2024-02-02 | A | A | 5,302 | — | 35,075 | D | — | — | (F1) Shares of Class A common stock granted under the Issuer's Amended and Restated 2015 Management Incentive Plan based on the volume weighted average price of the Issuer's Class A common stock on the three trading days preceding the grant date of $16.9755. |
| 8 | Common | Class A common stock | 2024-02-03 | F | D | 5,408 | — | 44,252 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 9 | Derivative | Restricted Stock Unit | 2024-02-03 | M | D | 3,296 | $0.00 | 31,885 | D | — · — to — | 3,296 Class A common stock | (F4) Each restricted stock unit ("RSU") is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. (F6) The RSUs vested on February 3, 2024. |
| 10 | Derivative | Restricted Stock Unit | 2024-02-03 | M | D | 15,000 | $0.00 | 35,181 | D | — · — to — | 15,000 Class A common stock | (F4) Each restricted stock unit ("RSU") is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. (F6) The RSUs vested on February 3, 2024. |
| 11 | Derivative | Restricted Stock Unit | 2024-02-02 | A | A | 7,952 | $0.00 | 52,523 | D | — · — to — | 7,952 Class A common stock | (F4) Each restricted stock unit ("RSU") is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. (F5) The RSUs vest in equal installments on February 2, 2025, February 2, 2026, and February 2, 2027. |
| 12 | Derivative | Restricted Stock Unit | 2024-02-03 | M | D | 2,342 | $0.00 | 50,181 | D | — · — to — | 2,342 Class A common stock | (F4) Each restricted stock unit ("RSU") is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. (F6) The RSUs vested on February 3, 2024. |