Gambale Virginia 4
4 · Virtu Financial, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Virtu Financial (VIRT) Director Virginia Gambale Sells 4,000 Shares
What Happened
Virginia Gambale, a director of Virtu Financial (VIRT), reported a sale of 4,000 shares on 2026-05-05 at $50.00 per share, for a total transaction value of $200,000. The Form 4 lists the disposition as an open market or private sale (transaction code S). Sales are often routine insider activity and do not by themselves indicate a change in company outlook.
Key Details
- Transaction date: 2026-05-05; Price: $50.00; Shares sold: 4,000; Total value: $200,000.
- Filing date / Period of report: Filed 2026-05-06 for transaction period 2026-05-05. (No late‑filing flag provided.)
- Shares owned after transaction: Not disclosed in the provided details.
- Footnotes in the filing note RSU awards under the company’s 2015 Management Incentive Plan (each RSU = contingent right to one Class A share) and that those RSUs vest on July 1, 2026. These footnotes appear in the filing but are separate from the reported sale.
- The filing does not indicate a 10b5-1 trading plan or tax‑withholding disposition in the provided information.
Context
This is a straightforward reported sale (S). For retail investors, purchases generally carry more informational weight than routine sales; a single director sale does not necessarily signal a change in company fundamentals. The RSU footnotes indicate the director also has outstanding restricted stock units that vest later (July 1, 2026), which is common executive compensation detail and not a sale.
Insider Transaction Report
- Sale
Class A common stock
2026-05-05$50.00/sh−4,000$200,000→ 19,978 total
- 3,392
Restricted Stock Unit
[F1][F2]→ Class A common stock (3,392 underlying)
Footnotes (2)
- [F1]Each RSU is granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
- [F2]The RSUs vest on July 1, 2026.