AIGRAIN JACQUES 4
4 · Tradeweb Markets Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Tradeweb (TW) Director Jacques Aigrain Receives 2,668 RSUs
What Happened Jacques Aigrain, a director of Tradeweb Markets, was granted 2,668 restricted stock units (RSUs) on May 19, 2026 (transaction code A). The grant is reported at $0.00 because it is an equity award rather than a purchase. These RSUs are unvested and scheduled to vest on May 19, 2027; settlement in Class A common stock would occur within 30 days after vesting unless the reporting person’s deferral election applies.
Key Details
- Transaction date and type: 2026-05-19 — Grant of RSUs (code A) at $0.00 for 2,668 units.
- Vesting/settlement: RSUs scheduled to vest on 2027-05-19; may settle in shares within 30 days after vesting or be pro‑rated per the company policy.
- Deferral election: The reporting person previously elected to defer settlement under the Non‑employee Directors Deferred Compensation Plan; deferred RSUs convert to phantom shares that will settle in stock per that plan.
- Shares owned after transaction: The filing reports the 2,668 unvested RSUs; total beneficial ownership after the grant is not specified in this Form 4.
- Filing timeliness: Form 4 was filed on 2026-05-20 for the 2026-05-19 grant, which appears to be timely (filed the following business day).
Context This is a standard director compensation award of unvested RSUs and does not represent an open‑market purchase or sale. Because the award is unvested and the reporting person elected deferred settlement (phantom shares), there was no immediate acquisition of vested stock or sale of shares. Such grants are common for non‑employee directors and are largely compensation-related rather than a direct signal of buying or selling sentiment.
Insider Transaction Report
- Award
Class A common stock
[F1][F2][F3]2026-05-19+2,668→ 12,222 total
Footnotes (3)
- [F1]The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock (the "Class A Common Stock"). Subject to the reporting person's continued service as a director of the issuer through the vesting date, these RSUs are scheduled to vest on May 19, 2027 and, absent an election to defer settlement, settle in Class A Common Stock within 30 days thereafter, or may be pro-rated in accordance with the issuer's Non-Employee Director Compensation Policy, as disclosed in the issuer's Proxy Statement on DEF 14A filed with the SEC on March 26, 2026.
- [F2]In accordance with the terms of the issuer's Non-employee Directors Deferred Compensation Plan (the "Deferred Compensation Plan"), the reporting person has previously elected to defer the settlement of the RSUs upon vesting, and will instead receive an equal number of phantom shares that will settle in shares of the Class A Common Stock in accordance with the reporting person's election and the terms of the Deferred Compensation Plan.
- [F3]This amount includes 2,668 unvested RSUs in respect of the Class A Common Stock that are scheduled to vest on May 19, 2027, subject to the reporting person's continued service as a director through the applicable vesting date or as may be pro-rated pursuant to the terms set forth in footnote 1 to this Form 4.