Lee Cindy 4

4 · Virtu Financial, Inc. · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

Virtu Financial (VIRT) CFO Cindy Lee Receives 20,000 RSUs

What Happened

Cindy Lee, Chief Financial Officer of Virtu Financial, was granted 20,000 restricted stock units (RSUs) on 2026-06-30. The filing reports an acquisition price of $0.00 (a non-cash equity award). This is an award/grant (not a purchase or sale) that does not represent immediate cash proceeds or an immediate transfer of shares.

Key Details

Transaction type/date: Award (Form 4 code A) on 2026-06-30; filing dated 2026-07-06 (filed six days after the grant).
Shares/amount: 20,000 RSUs granted; reported acquisition price $0.00.
Vesting: RSUs vest in equal annual installments on June 30, 2027, 2028 and 2029 (Footnote F2).
Ownership after transaction: Not specified in the provided filing data.
Notable footnotes: RSUs are granted under the Issuer’s 2015 Management Incentive Plan and each RSU represents a contingent right to one share of Class A common stock (F1). Additional notes explain conversion/exchange rights of Virtu Financial Units and Class C shares (F3) and that some units/shares are held through Virtu Employee Holdco LLC with a disclaimer of beneficial ownership except for pecuniary interest (F4).
Timeliness: The Form 4 was filed July 6 for a June 30 grant, which is outside the standard two-business-day reporting window for Form 4s.

Context

RSU grants are compensation awards that vest over time; they do not require an immediate cash outlay by the recipient and typically convert to shares (or are settled in stock) only as they vest. This grant is informational about executive compensation and future potential share issuance rather than an immediate buy or sell signal.

Form 4

Period: 2026-06-30

Chief Financial Officer

Transactions

Award
Restricted Stock Unit
[F1][F2]
2026-06-30+20,000→ 94,207 total
→ Class A common stock (20,000 underlying)

Holdings

Class A common stock
31,637
Non-voting common interest units of Virtu Financial LLC
[F3][F4]
(indirect: See footnote)
→ Class A common stock (4,760 underlying)
4,760

Footnotes (4)

[F1]Each RSU is granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
[F2]The RSUs vest in equal annual installments on June 30, 2027, 2028 and 2029.
[F3]Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A Common Stock, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.
[F4]By Virtu Employee Holdco LLC, a holding vehicle through which employees and directors of the Issuer hold vested and unvested Virtu Financial Units and shares of Class C Common Stock. The reporting person disclaims beneficial ownership in such Virtu Financial Units and shares held by Virtu Employee Holdco LLC except to the extent of his pecuniary interest therein.

Signature

Justin Waldie, as Attorney-in-Fact|2026-07-06

1 file