[144/A] Virtu Financial, Inc. SEC Filing

Rhea-AI Filing Summary

Virtu Financial filed a Form 144/A reporting a proposed sale of Class A Common stock. The filing lists 918,363 shares to be sold through J.P. Morgan Securities LLC on or about 08/04/2025, with an aggregate market value of $39,829,403.31 and 84,577,655 shares outstanding. The acquisition history in the filing shows the shares were acquired via compensation grants, gifts to trusts, and an open-market purchase on dates between 09/13/2023 and 08/11/2025. The filer reports no securities sold in the past three months and certifies they are not aware of any undisclosed material adverse information.

Positive

• Transparent disclosure of acquisition history and proposed sale details consistent with Rule 144 requirements
• Use of a major broker (J.P. Morgan Securities LLC) indicates an organized execution pathway for the proposed sale

Negative

• Proposed sale of 918,363 Class A Common shares totaling $39,829,403.31 could represent material insider selling activity
• Filing does not identify the specific seller by name in the table excerpt provided, limiting immediate investor context

Insights

Securities Analyst

TL;DR: A substantial Form 144/A lists a near-$40M proposed sale of Class A shares handled by J.P. Morgan, disclosed with acquisition history.

The filing identifies 918,363 Class A shares proposed for sale with an aggregate market value of $39,829,403.31, to be executed through J.P. Morgan Securities LLC around 08/04/2025. The document provides detailed acquisition sources (compensation grants, trust transfers, and an open-market purchase) and states no sales in the past three months. For investors, the filing is a clear, compliant notification of a planned insider sale rather than a corporate operational disclosure.

Corporate Governance Expert

TL;DR: The filing shows transparent disclosure of an insider sale with supporting acquisition details and the required certification.

Form 144/A includes acquisition dates, nature of acquisition (compensation grants, trust transfers, purchase), and a certification that no material non-public information is known to the filer. The use of an institutional broker (J.P. Morgan Securities LLC) and the statement of no recent sales strengthen procedural compliance. The filing itself is governance-forward and meets Rule 144 notice requirements; it does not provide any new operational or financial performance data.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK
Filer CCC
Previous Accession Number Of The Filing
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	J.P. Morgan Securities LLC 390 Madison Avenue - 6th Floor New York NY 10017	918363	39829403.31	84577655	08/04/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	02/02/2024	Compensation Grants received 12/28/20 - 02/02/24	Issuer			231306	02/02/2024	Compensation
Class A Common	08/11/2025	Compensation Grants received 08/11/25	Issuer			130347	08/11/2025	Compensation
Class A Common	02/02/2024	Receivded as grant	Cifu 2020 GST Trust received shares from Doug Cifu - see remarks			392755	12/14/2020	Compensation
Class A Common	09/13/2023	Purchase	Open Market			50000	09/13/2023	Cash
Class A Common	04/01/2025	Receivded as grant	CIFU 2025 GST TRUST received shares from Doug Cifu - see remarks			114000	04/01/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Nothing to Report

144/A: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares is Virtu Financial (VIRT) proposing to sell in this Form 144/A?

The filing lists a proposed sale of 918,363 Class A Common shares.

What is the aggregate market value of the shares proposed for sale?

The aggregate market value is reported as $39,829,403.31.

Who is the broker handling the proposed sale for VIRT?

The broker named in the filing is J.P. Morgan Securities LLC.

When is the approximate date of the proposed sale?

The filing lists the approximate date of sale as 08/04/2025.

Were any securities of the issuer sold by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.