Tradeweb Markets Inc.·4

Mar 17, 4:12 PM ET

Clack Amy 4

Research Summary

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Tradeweb (TW) CAO Amy Clack Receives RSU Award

What Happened
Amy Clack, Chief Administrative Officer of Tradeweb Markets, was awarded 6,429 restricted stock units (RSUs) on March 15, 2026. The grant is reported at $0.00 per share (a compensatory award, not a purchase), so no cash was exchanged. Per the filing, these RSUs are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2026.

Key Details

  • Transaction date: March 15, 2026; Filing date: March 17, 2026 (appears to be within the SEC two-business-day Form 4 window).
  • Reported price: $0.00 (award/grant).
  • Shares reported as unvested after the grant: totals in the filing indicate 17,924 unvested RSUs (breakdown per footnote):
    • 2,434 RSUs vesting Jan 1, 2027
    • 2,434 RSUs vesting Jan 1, 2028
    • 6,627 RSUs vesting in equal installments on Mar 17, 2026 / Mar 17, 2027 / Mar 17, 2028
    • 6,429 RSUs (this grant) vesting in equal installments on Mar 15, 2027 / Mar 15, 2028 / Mar 15, 2029
  • Footnotes: F1 describes the three-year annual vesting schedule for the March 15, 2026 award; F2 lists other unvested RSU tranches and their respective vesting dates.
  • No 10b5-1 plan, tax-withholding sale, or immediate sale is indicated in this filing.

Context
RSUs are a form of equity compensation that vest over time and typically require continued employment to realize value. Because this is an award (not a purchase or sale), it should be viewed as routine executive compensation rather than a direct bullish or bearish trading signal.