Michael T. Viola - 01 Jul 2025 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role: Director, 10%+ Owner
Signature: Justin Waldie, as Attorney-in-Fact
Issuer symbol: VIRT
Transactions as of: 01 Jul 2025
Transactions value $: $0
Form type: 4
Filing time: 03 Jul 2025, 14:40:27 UTC
Previous filing: 03 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Viola Michael T	Director, 10%+ Owner	C/O VIRTU FINANCIAL, INC., 1633 BROADWAY, NEW YORK	Justin Waldie, as Attorney-in-Fact	03 Jul 2025	0001573310

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VIRT	Class A common stock	Options Exercise		+6.68K	+5.84%		121K	03 Jul 2025	Direct	F1

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	+3.39K	+50.77%	$0.00	10.1K	01 Jul 2025	Class A common stock	3.39K		Direct	F2, F3
transaction	VIRT	Restricted Stock Unit	Options Exercise	$0	-6.68K	-66.33%	$0.00	3.39K	03 Jul 2025	Class A common stock	6.68K		Direct	F2, F4
holding	VIRT	Non-voting common interest units of Virtu Financial LLC						52.2K	01 Jul 2025	Class A common stock	52.2K		See footnote	F5, F6

* 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	Each RSU is granted under the Issuer's 2015 Amended and Restated Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
F3	The RSUs vest on July 1, 2026.
F4	The RSUs vested on July 3, 2025.
F5	Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders 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.
F6	By Virtu Employee Holdco LLC, a holding vehicle through which employees and directors of the Issuer hold vested and unvested Virtu Financial Units and shares of Class C common stock. The reporting person disclaims beneficial ownership in such Virtu Financial Units and shares held by Virtu Employee Holdco LLC except to the extent of his pecuniary interest therein.