Tradeweb Markets Inc.·4

Mar 17, 4:14 PM ET

Bruni Enrico 4

4 · Tradeweb Markets Inc. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Tradeweb (TW) Enrico Bruni Receives RSU Award; Shares Withheld

What Happened

  • Enrico Bruni, MD and Co‑Head of Global Markets at Tradeweb Markets (TW), was granted restricted stock units (RSUs) and related dividend-equivalent shares on March 15, 2026. The filing shows awards of 11,752 RSUs (acquired at $0.00) and 44 shares from settlement of dividend equivalent rights. To satisfy tax withholding tied to those settlements, 4,376 shares were withheld / disposed at $124.42 per share, generating proceeds of $544,462. These transactions reflect awards and routine tax withholding rather than an open‑market purchase or sale for investment.

Key Details

  • Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely).
  • Awards: 11,752 RSUs granted (recorded at $0.00); 44 shares from DER settlement.
  • Tax withholding: 4,376 shares withheld/disposed at $124.42 each, total $544,462.
  • Shares owned after transaction: not specified in the filing.
  • Relevant footnotes:
    • F1/F2: The RSUs are unvested and subject to multi‑year vesting schedules (vesting in equal/installment tranches between 2026–2029, subject to continued employment).
    • F3: The 4,376 shares represent shares withheld to satisfy tax withholding on RSU settlement.
    • F4: The 44 shares were settlement of dividend equivalent rights tied to prior RSUs.

Context

  • This is an equity award event (RSUs and DER settlement) with routine tax‑related withholding — common when RSUs settle. It does not indicate an open‑market sale for investment purposes. The vesting schedules mean these shares are subject to future vesting dates; the withheld shares were used solely to meet tax obligations.

Insider Transaction Report

Form 4
Period: 2026-03-15
Bruni Enrico
MD, Co-Head of Global Markets
Transactions
  • Award

    Class A common stock

    [F1][F2]
    2026-03-15+11,752114,071 total
  • Tax Payment

    Class A common stock

    [F3][F2]
    2026-03-15$124.42/sh4,376$544,462109,695 total
  • Award

    Class A common stock

    [F4][F2]
    2026-03-15+44109,739 total
Footnotes (4)
  • [F1]The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2026.
  • [F2]This amount includes (i) 3,371 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on March 15, 2027, (ii) 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 and (iii) 11,752 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on March 15, 2027, March 15, 2028 and March 15, 2029, in each case, subject to the reporting person's continued employment through the applicable vesting date.
  • [F3]Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of RSUs in respect of the Class A Common Stock held by the reporting person.
  • [F4]Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.
Signature
/s/ Douglas Friedman, Attorney-in-Fact for Enrico Bruni|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773778466.xmlPrimary

    FORM 4