Simons Aaron Wyatt 4
4 · Virtu Financial, Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Virtu (VIRT) CEO Aaron Wyatt Simons Exercises RSUs & Receives Grant
What Happened Aaron Wyatt Simons, CEO of Virtu Financial, had previously granted restricted stock units (RSUs) vest and be settled on February 3–4, 2026, and also received a new RSU grant on February 4, 2026. The filing reports conversions/settlements (transaction code M) of 11,588 shares (Feb 3) and 7,531 shares (Feb 4) and a grant/award (code A) of 21,394 RSUs on Feb 4. The filing also reports an aggregate derivative acquisition line of 32,089 shares at $0.00. Several share-withholdings for taxes (code F) were reported: 4,636; 2,983; and 8,473 shares were withheld in connection with these events. All derivative/award entries show $0.00 per share (typical for RSU settlement).
Key Details
- Transaction dates: Feb 3, 2026 and Feb 4, 2026. Filing date: Feb 5, 2026 (appears timely).
- Reported conversions/settlements: 11,588 (Feb 3) and 7,531 (Feb 4) RSUs converted to shares (M).
- Reported grant: 21,394 RSUs granted on Feb 4, 2026 (A).
- Reported tax withholding (shares withheld): 4,636; 2,983; and 8,473 (F).
- Reported aggregate acquired via derivative/award line: 32,089 shares at $0.00.
- Shares owned after these transactions: not disclosed in the filing excerpt provided.
- Relevant footnotes: F1–F6 explain these were RSU settlements and withholding under Virtu’s 2015 Management Incentive Plan; F7 notes the Feb 4 grant vests in three equal installments on Feb 4 of 2027, 2028 and 2029.
Context These transactions reflect RSU vesting/settlement and a new RSU grant — not open-market buys or sales. The $0.00 per-share entries reflect issuance on settlement of RSUs (a compensation event), and the withheld shares (F) are to cover tax withholding obligations (a common, administrative action). Such awards indicate compensation realization rather than a direct CEO purchase or sale of stock; they don’t necessarily signal the insider’s market view. Transaction codes: M = conversion/exercise of a derivative (here, RSU settlement), A = award/grant, F = shares withheld for taxes.
Insider Transaction Report
- Exercise/Conversion
Class A common stock
[F1]2026-02-03+11,588→ 72,776 total - Tax Payment
Class A common stock
[F2]2026-02-03−4,636→ 68,140 total - Exercise/Conversion
Class A common stock
[F1]2026-02-04+7,531→ 75,671 total - Tax Payment
Class A common stock
[F2]2026-02-04−2,983→ 72,688 total - Award
Class A common stock
[F3]2026-02-04+21,394→ 94,082 total - Tax Payment
Class A common stock
[F2]2026-02-04−8,473→ 85,609 total - Exercise/Conversion
Restricted Stock Unit
[F4][F5]2026-02-03−11,588→ 87,498 total→ Class A common stock (11,588 underlying) - Exercise/Conversion
Restricted Stock Unit
[F4][F6]2026-02-04−7,531→ 79,967 total→ Class A common stock (7,531 underlying) - Award
Restricted Stock Unit
[F4][F7]2026-02-04+32,089→ 112,056 total→ Class A common stock (32,089 underlying)
Footnotes (7)
- [F1]Shares of Class A common stock issued in settlement of vested RSUs granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan.
- [F2]Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan
- [F3]Shares of Class A common stock granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan.
- [F4]Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
- [F5]The RSUs vested on February 3, 2026.
- [F6]The RSUs vested on February 4, 2026.
- [F7]The RSUs vest in three equal installments on February 4, 2027, February 4, 2028 and February 4, 2029.