Tradeweb Markets (TW) awards 1,645 RSUs to board director

Rhea-AI Filing Summary

Opoku Lisa reported acquisition or exercise transactions in this Form 4 filing.

Tradeweb Markets Inc. director Lisa Opoku received an award of 1,645 restricted stock units (RSUs) tied to the company’s Class A common stock at no cash cost, as part of director compensation. These RSUs are scheduled to vest on May 19, 2027, assuming she continues serving as a director, and will then settle in Class A shares within 30 days unless she elects to defer. Following this grant, her direct interest, including 1,645 unvested RSUs, totals 4,469 Class A-related units/shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Opoku Lisa

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock	1,645	$0.00	--

Holdings After Transaction: Class A common stock — 4,469 shares (Direct, null)

Footnotes (1)

1. 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. This amount includes 1,645 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.

Key Figures

RSU grant size: 1,645 RSUs Price per share: $0.00 per share Holdings after transaction: 4,469 shares/units +1 more

4 metrics

RSU grant size 1,645 RSUs Award of restricted stock units on May 19, 2026

Price per share $0.00 per share No cash paid for RSU award

Holdings after transaction 4,469 shares/units Total direct Class A-related interest following grant

Vesting date May 19, 2027 Scheduled vesting date for 1,645 RSUs

Key Terms

restricted stock units (RSUs), Class A common stock, Non-Employee Director Compensation Policy, Proxy Statement on DEF 14A

4 terms

restricted stock units (RSUs) financial

"The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Class A common stock financial

"RSUs in respect of the issuer's Class A common stock (the "Class A Common Stock")"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Non-Employee Director Compensation Policy financial

"may be pro-rated in accordance with the issuer's Non-Employee Director Compensation Policy"

Proxy Statement on DEF 14A regulatory

"as disclosed in the issuer's Proxy Statement on DEF 14A filed with the SEC on March 26, 2026"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Opoku Lisa

(Last) (First) (Middle)

TRADEWEB MARKETS INC.

245 PARK AVENUE

(Street)

NEW YORK NEW YORK 10167

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Tradeweb Markets Inc. [ TW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock	05/19/2026		A(1)		1,645	A	$0	4,469(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. This amount includes 1,645 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.

Remarks:

	/s/ Douglas Friedman, Attorney-in-Fact for Lisa Opoku	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Tradeweb (TW) director Lisa Opoku report in this Form 4 filing?

Lisa Opoku reported receiving 1,645 restricted stock units (RSUs) linked to Tradeweb’s Class A common stock. The grant is part of her director compensation and increases her direct Class A-related holdings to 4,469 units and shares combined.

How many Tradeweb (TW) RSUs were granted to director Lisa Opoku?

She was granted 1,645 restricted stock units (RSUs) in respect of Tradeweb’s Class A common stock. These RSUs were awarded at no cash cost and form part of her overall equity-based compensation as a non-employee director of the company.

When do Lisa Opoku’s newly granted Tradeweb (TW) RSUs vest?

The 1,645 RSUs are scheduled to vest on May 19, 2027, subject to her continued service as a director. After vesting, they will settle in Class A common stock within 30 days, unless she elects to defer settlement under applicable company policies.

What are Lisa Opoku’s Tradeweb (TW) holdings after this RSU award?

After the RSU award, her direct interest totals 4,469 Class A-related units and shares. This amount includes the 1,645 unvested RSUs that are scheduled to vest on May 19, 2027, assuming she continues to serve as a director through that date.

Are Lisa Opoku’s new Tradeweb (TW) RSUs subject to any conditions?

Yes. Vesting of the 1,645 RSUs depends on her continued service as a director through May 19, 2027. The award may also be prorated under Tradeweb’s Non-Employee Director Compensation Policy, as described in the company’s DEF 14A proxy statement.