4//SEC Filing
Cruger William Frank Jr. 4
Accession 0001592386-25-000111
CIK 0001592386other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 5:23 PM ET
Size
11.7 KB
Accession
0001592386-25-000111
Insider Transaction Report
Form 4
Cruger William Frank Jr.
Director
Transactions
- Exercise/Conversion
Class A common stock
2025-07-03+6,681→ 64,383 total - Award
Restricted Stock Unit
2025-07-01+3,392→ 10,073 total→ Class A common stock (3,392 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-07-03−6,681→ 3,392 total→ Class A common stock (6,681 underlying)
Holdings
- 6,389(indirect: See footnote)
Non-voting common interest units of Virtu Financial LLC
→ Class A common stock (6,389 underlying)
Footnotes (6)
- [F1]Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan.
- [F2]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.
- [F3]The RSUs vest on July 1, 2026.
- [F4]The RSUs vested on July 3, 2025.
- [F5]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 of the Issuer, 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.
- [F6]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. 6,389 Virtu Financial Units held by the reporting person are subject to time-based vesting.
Documents
Issuer
Virtu Financial, Inc.
CIK 0001592386
Entity typeother
Related Parties
1- filerCIK 0001591033
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 5:23 PM ET
- Size
- 11.7 KB