Sara Furber - 15 Mar 2026 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role: Chief Financial Officer
Signature: /s/ Douglas Friedman, Attorney-in-Fact for Sara Furber
Issuer symbol: TW
Transactions as of: 15 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2026, 16:11:38 UTC
Previous filing: 12 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Furber Sara	Chief Financial Officer	TRADEWEB MARKETS INC., 245 PARK AVENUE, NEW YORK	/s/ Douglas Friedman, Attorney-in-Fact for Sara Furber	17 Mar 2026	0001503180

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TW	Class A common stock	Award		+11,975	+51%	$0.000000^*	35,495	15 Mar 2026	Direct	F1, F2
transaction	TW	Class A common stock	Tax liability		-5,077	-14%	$124.42^*	30,418	15 Mar 2026	Direct	F2, F3
transaction	TW	Class A common stock	Award		+44	+0.14%	$0.000000^*	30,462	15 Mar 2026	Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2026.
F2	This amount includes (i) 3,716 unvested RSUs in respect of Class A Common Stock that are scheduled on March 15, 2027, (ii) 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 and (iii) 11,975 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2027, March 15, 2028 and March 15, 2029, in each case, subject to the reporting person's continued employment through the applicable vesting date.
F3	Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of RSUs in respect of the Class A Common Stock held by the reporting person.
F4	Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.