4//SEC Filing
Cavoli Stephen 4
Accession 0001592386-25-000017
CIK 0001592386other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 9:39 PM ET
Size
19.6 KB
Accession
0001592386-25-000017
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Class A common stock
2025-02-02−5,263→ 208,680 total - Exercise/Conversion
Restricted Stock Unit
2025-01-31−37,500→ 99,733 total→ Class A common stock (37,500 underlying) - Award
Class A common stock
2025-01-31+37,500→ 204,421 total - Exercise/Conversion
Class A common stock
2025-02-02+10,309→ 213,943 total - Tax Payment
Class A common stock
2025-01-31−19,143→ 185,278 total - Award
Restricted Stock Unit
2025-01-31+37,500→ 137,233 total→ Class A common stock (37,500 underlying) - Exercise/Conversion
Class A common stock
2025-01-31+37,500→ 222,778 total - Tax Payment
Class A common stock
2025-01-31−19,144→ 203,634 total - Exercise/Conversion
Restricted Stock Unit
2025-02-02−10,309→ 89,424 total→ Class A common stock (10,309 underlying)
Footnotes (10)
- [F1]37,500 shares of Class A common stock were earned as a result of the Issuer's achievement of associated performance objective for 2024. The shares are granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Stephen Cavoli.
- [F10]RSUs vest in three equal annual installments on February 2, 2025, February 2, 2026 and February 2, 2027.
- [F2]Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan
- [F3]37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2023 and vested and settled in shares of Class A common stock on January 31, 2025. The RSUs were granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Stephen Cavoli
- [F4]Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan.
- [F5]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.
- [F6]37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2024 . The RSUs were granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Stephen Cavoli
- [F7]The RSUs vest on January 31, 2026.
- [F8]The RSUs vested on January 31, 2025.
- [F9]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.
Documents
Issuer
Virtu Financial, Inc.
CIK 0001592386
Entity typeother
Related Parties
1- filerCIK 0001736674
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 9:39 PM ET
- Size
- 19.6 KB