Bruni Enrico 4

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).