Form 4 for VIRT Virtu Financial, Inc.
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0001592386-25-000067 · 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 | 2025-04-03 | 2025-04-01 | VIRT | Cifu Douglas A | CEO, Dir | G - Gift | — | -114.0K | 587.2K | -16% | — |
| DI | 2025-04-03 | 2025-04-01 | VIRT | Cifu Douglas A | CEO, Dir | G - Gift | — | +114.0K | 114.0K | New | — |
| DMI | 2025-04-03 | 2025-04-01 | VIRT | Cifu Douglas A | CEO, Dir | G - Gift | — | 0 | 0 | New | — |
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 | 2025-04-01 | G | D | 114,000 | — | 587,187 | D See footnote | — | — | (F1) Bona fide gift. (F2) By the reporting person's spouse, Melissa L. Cifu, as Trustee of the Cifu 2025 GST Trust. The reporting person may be deemed to beneficially own the shares by virtue of his relationship with Mrs. Cifu. |
| 2 | Common | Class A common stock | 2025-04-01 | G | A | 114,000 | — | 114,000 | I | — | — | (F1) Bona fide gift. |
| 3 | Derivative | Non-voting common interest units of Virtu Financial LLC | 2025-04-01 | G | A | 819,804 | — | 819,804 | I See footnote | — · — to — | 819,804 Class A common stock | (F1) Bona fide gift. (F2) By the reporting person's spouse, Melissa L. Cifu, as Trustee of the Cifu 2025 GST Trust. The reporting person may be deemed to beneficially own the shares by virtue of his relationship with Mrs. Cifu. (F4) Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equity holders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A common stock of the Issuer, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire. |
| 4 | Derivative | Non-voting common interest units of Virtu Financial LLC | 2025-04-01 | G | D | 819,804 | — | 0 | I See footnote | — · — to — | 819,804 Class A common stock | (F1) Bona fide gift. (F5) By a trust, for the benefit of the Cifu Family (the "Cifu Family 2011 Trust"). Melissa L. Cifu, the reporting person's wife, and Dr. Mitchel A. Lautenberg, Ms. Cifu's brother, share dispositive control and voting control over the shares held by the Cifu Family 2011 Trust. The reporting person may be deemed to beneficially own the shares held by the Cifu Family 2011 Trust by virtue of his relationship with Mrs. Cifu. (F4) Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equity holders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A common stock of the Issuer, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire. |