Key facts
- This page summarizes Virtu Financial, Inc.'s Form 4 filing for Virtu Financial, Inc. (VIRT).
- 1 reported transaction and 2 derivative rows are listed below.
- Accepted by SEC: 02 Aug 2024, 18:51.
Virtu Financial, Inc. - 01 Aug 2024 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- VIRT
- Reported as of
- 01 Aug 2024
- Net transaction value
- $0
- Reporting owner signature
- Justin Waldie, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Virtu Financial, Inc. filed Form 4 for Virtu Financial, Inc. (VIRT) on 02 Aug 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VIRT
holding
Class A common stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,776
- Date
- 01 Aug 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VIRT
transaction
Derivative
Restricted Stock Unit
Award
- Transaction value
- $0
- Shares
- +35,000
- Change %
- +152%
- Price
- $0.000000
- Shares after
- 58,043
- Date
- 01 Aug 2024
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 35,000
- Exercise price
- Footnotes
- F1, F2
VIRT
holding
Derivative
Non-voting common interest units of Virtu Financial LLC
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,760
- Date
- 01 Aug 2024
- Ownership
- See footnote
- Underlying class
- Class A common stock
- Underlying amount
- 4,760
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
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.
Footnote F2
The RSUs vest on August 1, 2025, 2026 and 2027.
Footnote F3
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, 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.
Footnote F4
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.