Form 4 for VIRT Virtu Financial, Inc.
Accepted 2024-02-06 00:00:00 ET · period of report 2024-02-02 · accession 0001592386-24-000017 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-06 | 2024-02-02 | VIRT | Cavoli Stephen | EVP | A - Grant | — | +20.6K | 167.8K | +14% | — |
| DM | 2024-02-06 | 2024-02-02+ | VIRT | Cavoli Stephen | EVP | F - Tax | — | -20.6K | 161.2K | -11% | — |
| DM | 2024-02-06 | 2024-02-03 | VIRT | Cavoli Stephen | EVP | M - OptEx | — | +19.7K | 165.4K | +14% | — |
| DM | 2024-02-06 | 2024-02-03 | VIRT | Cavoli Stephen | EVP | M - OptEx | $0.00 | -19.7K | 99.7K | -17% | $0 |
| D | 2024-02-06 | 2024-02-02 | VIRT | Cavoli Stephen | EVP | A - Grant | $0.00 | +30.9K | 119.5K | +35% | $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 | 2024-02-02 | A | A | 20,618 | — | 167,795 | 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. |
| 2 | Common | Class A common stock | 2024-02-02 | F | D | 10,526 | — | 157,269 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 3 | Common | Class A common stock | 2024-02-03 | F | D | 5,916 | — | 166,921 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 4 | Common | Class A common stock | 2024-02-03 | F | D | 4,151 | — | 161,249 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 5 | Common | Class A common stock | 2024-02-03 | M | A | 11,588 | — | 172,837 | 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 | M | A | 8,131 | — | 165,400 | 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. |
| 7 | Derivative | Restricted Stock Unit | 2024-02-03 | M | D | 8,131 | $0.00 | 111,321 | D | — · — to — | 8,131 Class A common stock | (F4) Each 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. |
| 8 | Derivative | Restricted Stock Unit | 2024-02-03 | M | D | 11,588 | $0.00 | 99,733 | D | — · — to — | 11,588 Class A common stock | (F4) Each 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. |
| 9 | Derivative | Restricted Stock Unit | 2024-02-02 | A | A | 30,927 | $0.00 | 119,452 | D | — · — to — | 30,927 Class A common stock | (F4) Each 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. |