4Filed Aug 19, 8:00 PM ET
Virtu (VIRT) Director John Nixon Gifts 1,312 RSUs (~$78.7K)
$VIRT · Virtu Financial, Inc.Research Summary
AI-generated summary of this SEC filing
Virtu (VIRT) Director John Nixon Gifts 1,312 RSUs (~$78.7K)
What Happened
- John Nixon, a director of Virtu Financial, disposed of 1,312 restricted stock units (reported as a gift) on August 19, 2026. The filing lists a per-unit value of $59.98, for a total reported value of $78,694. This was a gift (transaction code G), not an open-market sale or purchase, and therefore should not be read as a directional trade signal.
Key Details
- Transaction date: 2026-08-19 (reported on Form 4 filed 2026-08-20).
- Price/value reported: $59.98 per unit; total reported value $78,694.
- Shares/units disposed: 1,312 RSUs (disposition via gift).
- Shares/units owned after transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU is a contingent right to one share under the Issuer’s 2015 Management Incentive Plan; F2 — the RSUs vest on July 1, 2027.
- Filing timeliness: reported the day after the transaction (appears timely).
Context
- These were RSUs (contingent rights to future shares) rather than vested, tradable shares; the RSUs only convert to actual shares if/when they vest on July 1, 2027.
- Gifts are often for personal or estate/charitable planning and do not necessarily indicate the insider’s view of the company’s near-term prospects.