|4Feb 12, 4:11 PM ET

Furber Sara 4

4 · Tradeweb Markets Inc. · Filed Feb 12, 2026

Research Summary

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Tradeweb (TW) CFO Sara Furber Sells 63,128 Shares

What Happened
Sara Furber, Chief Financial Officer of Tradeweb Markets Inc. (TW), sold 63,128 shares of Tradeweb common stock on February 10, 2026. The reported weighted-average sale price was $115.10 per share for total proceeds of $7,266,241. The transaction is reported as a sale (code S) and was executed in multiple trades.

Key Details

  • Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely filing).
  • Price: weighted average $115.10; individual trades ranged from $113.44 to $115.78. Reporting person can provide per-price breakdown on request.
  • Shares sold: 63,128; total proceeds reported: $7,266,241.
  • Plan/authorization: Executed pursuant to a Rule 10b5-1 trading plan adopted November 3, 2025.
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Unvested awards disclosed: 23,520 RSUs remain unvested (various vesting schedules in 2026–2028), subject to continued employment.

Context
This was an open-market sale under a pre-established 10b5-1 plan—these plans typically schedule trades in advance and are a common way insiders sell shares without signaling a change in view. Sales (S) are generally considered routine and do not, by themselves, indicate management sentiment about the company’s prospects.

Insider Transaction Report

Form 4
Period: 2026-02-10
Furber Sara
Chief Financial Officer
Transactions
  • Sale

    Class A common stock

    [F1][F2][F3]
    2026-02-10$115.10/sh63,128$7,266,24123,520 total
Footnotes (3)
  • [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.44 to $115.78, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F3]This amount includes (i) 6,229 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that are scheduled to vest on March 15, 2026, (ii) 7,431 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2026 and March 15, 2027, and (iii) 9,860 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 17, 2026, March 17, 2027 and March 17, 2028, in each case, subject to the reporting person's continued employment through the applicable vesting date.
Signature
/s/ Douglas Friedman, Attorney-in-Fact for Sara Furber|2026-02-12

Documents

1 file
  • 4
    wk-form4_1770930701.xmlPrimary

    FORM 4