Virtu Financial (VIRT) Director John Nixon Sells 9,094 Shares
$VIRT · Virtu Financial, Inc.Research Summary
AI-generated summary of this SEC filing
Virtu Financial (VIRT) Director John Nixon Sells 9,094 Shares
What Happened
John Nixon, a director of Virtu Financial, sold 9,094 shares of Virtu (VIRT) in an open-market/private sale on August 17, 2026. The shares were disposed at $60.13 per share, for total proceeds of approximately $546,822. This transaction is a sale (S), which is often routine insider selling rather than a bullish purchase signal.
Key Details
- Transaction date: 2026-08-17; Filing date: 2026-08-18 (the filing appears timely).
- Price per share: $60.13; Shares sold: 9,094; Total value: ~$546,822.
- Shares owned after the transaction: Not reported in this filing.
- Footnotes in the filing:
- F1: RSUs are granted under the Issuer’s 2015 Management Incentive Plan and each represents a contingent right to one share.
- F2: The RSUs referenced vest on July 1, 2027.
- Transaction type code: S = Sale.
Context
This was a straight sale of shares; the filing does not indicate an options exercise, gift, or a 10b5-1 plan. Footnotes refer to restricted stock units (RSUs) and their vesting schedule, but the sale reported here is a disposition of shares rather than an award grant. As always, insider sales are factual disclosures and do not, by themselves, indicate management sentiment about the company’s future performance.