Furber Sara 4

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.