Furber Sara 4
4 · Tradeweb Markets Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Tradeweb (TW) CFO Sara Furber Sells Shares
What Happened
- Sara Furber, Chief Financial Officer of Tradeweb Markets Inc. (TW), sold a total of 6,525 shares in two open-market transactions: 4,911 shares on 2026-03-20 at $125.13 each (proceeds $614,523) and 1,614 shares on 2026-03-23 at a weighted average $124.86 each (proceeds $201,524). Total proceeds from the sales were about $816,047. These were sales (not purchases), and the filing indicates they were effected under a pre-arranged trading plan (see footnotes).
Key Details
- Transaction dates and prices:
- 2026-03-20: Sold 4,911 shares @ $125.13 — $614,523 proceeds.
- 2026-03-23: Sold 1,614 shares @ weighted avg $124.86 — $201,524 proceeds; the filing notes these shares were sold in multiple trades at prices ranging $124.31–$125.77.
- Plan/notation: The 10b5-1 trading plan was adopted by Furber on November 3, 2025 (Footnote F1).
- Vesting details: The filing notes unvested RSUs totaling 22,264 shares (3,716; 6,573; and 11,975) scheduled to vest in installments through March 15, 2029 (Footnote F3).
- Timeliness: Trade date was 2026-03-20 and the Form 4 was filed 2026-03-24 — within the two-business-day reporting window (timely).
Context
- Because these sales were made under a 10b5-1 plan (pre-arranged), they are generally viewed as routine disposition rather than an immediate signal of management’s view of company prospects. The filing discloses unvested RSUs and provides a price range for the multi-trade sale; consult the full Form 4 for a complete breakdown of post-sale beneficial ownership and per-trade prices if needed.
Insider Transaction Report
Form 4
Furber Sara
Chief Financial Officer
Transactions
- Sale
Class A common stock
[F1][F2][F3]2026-03-20$125.13/sh−4,911$614,523→ 23,878 total - Sale
Class A common stock
[F1][F3]2026-03-23$124.86/sh−1,614$201,524→ 22,264 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.31 to $125.77, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]This amount includes (i) 3,716 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that are scheduled on March 15, 2027, (ii) 6,573 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 17, 2027 and March 17, 2028 and (iii) 11,975 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments 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.
Signature
/s/ Douglas Friedman, Attorney-in-Fact for Sara Furber|2026-03-24