Tradeweb Markets Inc.·4

May 20, 4:10 PM ET

Opoku Lisa 4

Research Summary

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Tradeweb (TW) Director Opoku Lisa Receives RSU Award

What Happened
Opoku Lisa, a director of Tradeweb Markets, was granted 1,645 restricted stock units (RSUs) on 2026-05-19 (transaction reported on Form 4). The RSUs were awarded at $0.00 per unit (total reported value $0) and are scheduled to vest on May 19, 2027, subject to continued service as a director. Absent an election to defer, the RSUs will settle in Class A common stock within 30 days after vesting (or may be pro-rated per the issuer’s Non-Employee Director Compensation Policy).

Key Details

  • Transaction date: 2026-05-19 (Form 4 filed 2026-05-20). Filing appears timely.
  • Transaction type/code: Award/Grant (A) — 1,645 RSUs @ $0.00 (reported value $0).
  • Vesting/settlement: Scheduled to vest 2027-05-19; settlement in Class A common stock within 30 days thereafter unless deferred; may be pro‑rated per company policy (see footnotes).
  • Shares owned after transaction: Not reported in this Form 4.
  • Notable footnotes: F1 & F2 explain these are unvested RSUs, vesting contingent on continued service, settlement/deferral options, and potential pro‑rations per the Non‑Employee Director Compensation Policy.
  • Filing timeliness: Reported the day after the grant; not marked late.

Context
RSUs are a form of equity compensation that convert into company shares upon vesting; they are not an immediate open‑market purchase or sale. Grants to non‑employee directors are common and are intended to align long‑term interests with shareholders; they do not by themselves indicate immediate insider buying or selling for investment purposes.