Bruni Enrico 4

4 · Tradeweb Markets Inc. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Tradeweb (TW) MD Enrico Bruni Sells 17,380 Shares

What Happened

Enrico Bruni, MD and Co‑Head of Global Markets at Tradeweb Markets (TW), sold 17,380 shares in an open‑market sale on February 20, 2026. The weighted average price reported was $119.27, for a total transaction value of approximately $2,072,913. This was a sale (disposition) rather than a purchase.

Key Details

Transaction date: February 20, 2026 (filed February 23, 2026 — within the Form 4 two‑business‑day filing window).
Price: weighted average $119.27; individual sale prices ranged from $118.99 to $119.63 (see footnote F1 for breakdown offer).
Shares sold: 17,380 (transaction code S = sale).
Shares owned after transaction: not specified in the provided filing extract.
Footnote F1: weighted average price; reporting person will provide per‑trade price breakdown on request.
Footnote F2: reporting person's holdings include unvested RSUs — 5,940 RSUs vesting March 15, 2026; 6,741 RSUs vesting in equal installments March 15, 2026 and March 15, 2027; and 9,638 RSUs vesting in equal installments March 17, 2026, 2027 and 2028 — all subject to continued employment.

Context

This report documents a straightforward open‑market sale. Sales are common for insiders and do not, by themselves, indicate management views about future performance. The filing appears timely (filed 2/23/2026 for a 2/20/2026 trade).

Form 4

Period: 2026-02-20

MD, Co-Head of Global Markets

Transactions

Sale
Class A common stock
[F1][F2]
2026-02-20$119.27/sh−17,380$2,072,913→ 102,319 total

Footnotes (2)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.99 to $119.63, 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.
[F2]This amount includes (i) 5,940 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) 6,741 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) 9,638 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 Enrico Bruni|2026-02-23

1 file