Madoff Paula 4

What Happened

• Paula Madoff, a director of Tradeweb Markets Inc. (TW), was granted 1,912 restricted stock units (RSUs) on May 19, 2026. The reported acquisition price is $0.00 (an equity award rather than a purchase), total reported value $0 at grant. These RSUs are unvested and scheduled to vest on May 19, 2027, subject to continued service.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (timely).
• Grant type: Award/Grant (RSUs) — transaction code A.
• Shares/Units granted: 1,912 RSUs; reported acquisition price: $0.00.
• Vesting/settlement: Scheduled to vest 2027-05-19; absent a deferral election, they 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 (see footnotes).
• Post-transaction aggregate shares/ownership: Not specified in the provided filing excerpt.
• No 10b5-1 plan, sale, or tax-withholding code noted in this report.

Context

• This is a standard director compensation award (equity grant) rather than an open-market purchase or sale; such awards are routine and conditioned on continued service. Because these are unvested RSUs, they do not represent immediate transferable shares until vesting/settlement.