Hult William 4

What Happened
William Hult, CEO of Tradeweb Markets (TW), had 5,656 shares of Class A common stock withheld/disposed on March 17, 2026 to satisfy tax withholding related to the settlement of restricted stock units (RSUs). The withheld shares were valued at $126.17 each, totaling about $713,618. On the same date he also acquired 17 shares (no cash cost) in connection with the settlement of dividend equivalent rights tied to previously awarded RSUs.

Key Details

• Transaction date: March 17, 2026 (Form filed March 19, 2026; filed within the typical two-business-day window).
• Withholding/disposition: 5,656 shares @ $126.17 = $713,618 (footnote F1: shares withheld to satisfy RSU tax withholding).
• Acquisition: 17 shares @ $0.00 (footnote F3: shares from settlement of dividend equivalent rights).
• Unvested RSUs: filing notes significant unvested RSU balances (see F2) — e.g., 11,678 RSUs vesting March 15, 2027; additional tranches vesting in 2027–2029, subject to continued employment.
• Shares owned after transaction: not specified in the provided summary of the filing.

Context

• This was a tax-withholding/share-for-tax settlement (transaction code F), a routine administrative disposition rather than an open-market sale indicating intent.
• The 17 shares were issued as settled dividend equivalents (not a purchased stake).
• For retail investors, routine RSU tax withholdings are common and typically not interpreted as a signal of insider sentiment.