William Hult - 03 Mar 2026 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: TW
Reported as of: 03 Mar 2026
Net transaction value: -$9,101,162
SEC form: 4
Accepted by SEC: 05 Mar 2026, 16:05:02 UTC
Prior SEC filing: 12 Feb 2026
Next SEC filing: 17 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Douglas Friedman, Attorney-in-Fact for William Hult

Key filing fact

William Hult filed Form 4 for Tradeweb Markets Inc. (TW) on 05 Mar 2026.

Key facts

This page summarizes William Hult's Form 4 filing for Tradeweb Markets Inc. (TW).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 05 Mar 2026, 16:05.

Change

Previous filing in this sequence was filed on 12 Feb 2026.
Current net transaction value: -$9,101,162.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001771194 Primary reporting owner

Hult William

Relationship: Chief Executive Officer, Director
Address: TRADEWEB MARKETS INC., 245 PARK AVENUE, NEW YORK
Signature: /s/ Douglas Friedman, Attorney-in-Fact for William Hult
Signature date: 05 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TW transaction

Class A common stock

Options Exercise

Transaction value
Shares: +72,450
Change %: +57%
Price: $20.59^*
Shares after: 199,188
Date: 03 Mar 2026
Ownership: Direct
Footnotes: F1, F2

TW transaction

Class A common stock

Sale

Transaction value: $9,101,162
Shares: -72,450
Change %: -36%
Price: $125.62
Shares after: 126,738
Date: 03 Mar 2026
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TW transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
Shares: -72,450
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 03 Mar 2026
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 72,450
Exercise price: $20.59
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025.

Footnote F2

This amount includes (i) 14,376 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") which are scheduled to vest on March 15, 2026, (ii) 23,356 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2026 and March 15, 2027, and (iii) 30,682 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, in each case, subject to the reporting person's continued employment through the applicable vesting date.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.00 to $126.54, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote

Footnote F4

This option is fully vested and exercisable as of the date hereof.