Furber Sara 4

What Happened

• Sara Furber, Chief Financial Officer of Tradeweb Markets (TW), had 1,679 shares of Class A common stock withheld to satisfy tax withholding on the settlement of RSUs, resulting in a disposition valued at $211,839 (1,679 shares × $126.17) on March 17, 2026. The filing also reports an acquisition of 6 shares (price $0.00) on the same date related to the settlement of dividend equivalent rights (DERs).

Key Details

• Transaction dates and prices:
  • 2026-03-17: 1,679 shares disposed (tax withholding) at $126.17 each — proceeds/value $211,839 (transaction code F).
  • 2026-03-17: 6 shares acquired (DER settlement) at $0.00 — $0 value (transaction code A).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes of note:
  • F1: Shares were withheld by the issuer to satisfy tax withholding on RSU settlement (routine tax withholding, not an open-market sale).
  • F3: The 6 acquired shares represent settlement of dividend equivalent rights tied to previously awarded RSUs.
  • F2 (context): The filing lists remaining unvested RSUs (3,716; 6,573; 11,975) with scheduled vesting through 2029, subject to continued employment.
• Filing timeliness: Reported on 2026-03-19 for transactions dated 2026-03-17 — appears to be filed within the standard Section 16 reporting window.

Context

• This filing mostly reflects routine tax-withholding on RSU settlement (a common administrative disposition) rather than an active market sale intended to realize gains. The small acquisition (6 shares) stems from DER settlement tied to prior RSUs. Such tax-withholding events are generally neutral for interpreting insider sentiment compared with open-market purchases or discretionary sales.