Stephen Cavoli - 03 Feb 2025 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role
EVP
Signature
Justin Waldie, as Attorney-in-Fact
Issuer symbol
VIRT
Transactions as of
03 Feb 2025
Net transactions value
$0
Form type
4
Filing time
05 Feb 2025, 20:31:03 UTC
Previous filing
04 Feb 2025
Next filing
06 Feb 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 Options Exercise +8,130 +3.9% 216,810 03 Feb 2025 Direct F1
transaction VIRT Class A common stock Tax liability -4,151 -1.9% 212,659 03 Feb 2025 Direct F2
transaction VIRT Class A common stock Options Exercise +11,588 +5.4% 224,247 03 Feb 2025 Direct F1
transaction VIRT Class A common stock Tax liability -5,916 -2.6% 218,331 03 Feb 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 Options Exercise $0 -8,130 -9.1% $0.000000 81,294 03 Feb 2025 Class A common stock 8,130 Direct F3, F4
transaction VIRT Restricted Stock Unit Options Exercise $0 -11,588 -14% $0.000000 69,706 03 Feb 2025 Class A common stock 11,588 Direct F3, F5
* 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 relation to the settlement of vested RSUs 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 vested on February 3, 2025.
F5 The RSUs vest in two equal installments on February 3, 2025 and February 3, 2026.