Tradeweb Markets Inc.·4

May 20, 4:09 PM ET

Repetto Richard H 4

Research Summary

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Tradeweb (TW) Director Richard H. Repetto Receives RSU Award

What Happened
Richard H. Repetto, a director of Tradeweb Markets, was granted 1,645 restricted stock units (RSUs) on May 19, 2026. The filing reports an acquisition at $0.00 (award/grant). These RSUs are unvested and scheduled to vest on May 19, 2027; absent a deferral election they will settle in Class A common stock within 30 days after vesting or may be pro‑rated per the company's non‑employee director compensation policy.

Key Details

  • Transaction date and type: 2026-05-19 — Award/Grant (code A) of 1,645 RSUs at $0.00.
  • Vesting/settlement: Scheduled to vest May 19, 2027; settlement in Class A common stock within 30 days after vesting unless deferred; may be pro‑rated. (See footnotes F1 and F2.)
  • Shares owned after transaction: The filing reports 1,645 unvested RSUs; total beneficial ownership of Class A shares after this grant is not specified in the Form 4.
  • Filing timeliness: Report covers 2026-05-19 and was filed on 2026-05-20 (appears timely).
  • Footnotes: F1/F2 describe vesting conditions, settlement mechanics, and reference the issuer’s Non‑Employee Director Compensation Policy (DEF 14A filed Mar 26, 2026).

Context
RSU awards to directors are a standard form of non‑cash compensation and do not represent an immediate market purchase or sale. These units become company stock only if and when they vest; they therefore do not directly signal a near‑term buy/sell decision by the director.