Sean Galvin - 12 Aug 2023 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role: CFO
Signature: /s/ Justin Waldie, as Attorney-in-Fact
Issuer symbol: VIRT
Transactions as of: 12 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 14 Aug 2023, 16:23:19 UTC
Previous filing: 07 Feb 2023
Next filing: 06 Feb 2024
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	Options Exercise		+4,412	+16%		31,536	12 Aug 2023	Direct	F1
transaction	VIRT	Class A common stock	Tax liability		-1,763	-5.6%		29,773	12 Aug 2023	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	Options Exercise	$0	-4,412	-9%	$0.000000	44,571	12 Aug 2023	Class A common stock	4,412		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 issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan.
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 restricted stock unit ("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 August 12, 2023.