Form 4 for VIRT Virtu Financial, Inc.
Accepted 2025-02-05 00:00:00 ET · period of report 2025-02-03 · accession 0001592386-25-000029 · 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 | 2025-02-05 | 2025-02-03 | VIRT | Cavoli Stephen | EVP | F - Tax | — | -10.1K | 218.3K | -4% | — |
| DM | 2025-02-05 | 2025-02-03 | VIRT | Cavoli Stephen | EVP | M - OptEx | — | +19.7K | 216.8K | +10% | — |
| DM | 2025-02-05 | 2025-02-03 | VIRT | Cavoli Stephen | EVP | M - OptEx | $0.00 | -19.7K | 69.7K | -22% | $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 | 2025-02-03 | F | D | 4,151 | — | 212,659 | 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. |
| 2 | Common | Class A common stock | 2025-02-03 | M | A | 11,588 | — | 224,247 | D | — | — | (F1) 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. |
| 3 | Common | Class A common stock | 2025-02-03 | F | D | 5,916 | — | 218,331 | 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 | 2025-02-03 | M | A | 8,130 | — | 216,810 | D | — | — | (F1) 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. |
| 5 | Derivative | Restricted Stock Unit | 2025-02-03 | M | D | 8,130 | $0.00 | 81,294 | D | — · — to — | 8,130 Class A common stock | (F3) 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. (F4) The RSUs vested on February 3, 2025. |
| 6 | Derivative | Restricted Stock Unit | 2025-02-03 | M | D | 11,588 | $0.00 | 69,706 | D | — · — to — | 11,588 Class A common stock | (F3) 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 two equal installments on February 3, 2025 and February 3, 2026. |