Stephen Cavoli - Feb 4, 2025 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role
EVP
Signature
Justin Waldie, as Attorney-in-Fact
Stock symbol
VIRT
Transactions as of
Feb 4, 2025
Transactions value $
$0
Form type
4
Date filed
2/6/2025, 06:04 PM
Previous filing
Feb 5, 2025
Next filing
Feb 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIRT Class A common stock Award +15.1K +6.9% 233K Feb 4, 2025 Direct F1
transaction VIRT Class A common stock Tax liability -7.69K -3.29% 226K Feb 4, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VIRT Restricted Stock Unit Award $0 +22.6K +32.41% $0.00 92.3K Feb 4, 2025 Class A common stock 22.6K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $39.8369.
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.
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 vest in two equal installments on February 2026, 2027 and 2028.