Sara Furber - Apr 7, 2025 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role: Chief Financial Officer
Signature: /s/ Douglas Friedman, Attorney-in-Fact for Sara Furber
Stock symbol: TW
Transactions as of: Apr 7, 2025
Transactions value $: -$227,894
Form type: 4
Date filed: 4/9/2025, 04:04 PM
Previous filing: Apr 2, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TW	Class A common stock	Sale	-$228K	-1.79K	-3.02%	$127.60	57.4K	Apr 7, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2024.
F2	This amount includes (i) 6,229 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that are scheduled to vest on March 15, 2026, (ii) 33,881 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2026, (iii) 7,431 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2026 and March 15, 2027, and (iv) 9,860 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 17, 2026, March 17, 2027 and March 17, 2028, in each case, subject to the reporting person's continued employment through the applicable vesting date.

Content

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2024.

This amount includes (i) 6,229 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that are scheduled to vest on March 15, 2026, (ii) 33,881 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2026, (iii) 7,431 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2026 and March 15, 2027, and (iv) 9,860 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 17, 2026, March 17, 2027 and March 17, 2028, in each case, subject to the reporting person's continued employment through the applicable vesting date.