Virtu Financial (VIRT) director plans $400K stock sale
Rhea-AI Filing Summary
Virtu Financial, Inc. (VIRT) is the issuer in a Rule 144 notice filed for the planned sale of company stock by director Virginia Gambale, through the Virginia Gambale Revocable Trust. The notice covers the potential sale of 6,460 shares of Virtu common stock through Charles Schwab on or after August 18, 2026. The shares were acquired and paid for as equity compensation and related dividends between July 1, 2020 and July 1, 2026.
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Key Figures
Shares covered by Rule 144 notice: 6,460 shares
Aggregate value: $400,520.00
Notice date: 08/18/2026
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5 metrics
Shares covered by Rule 144 notice
6,460 shares
Common stock of Virtu Financial, Inc. to be sold under Rule 144
Aggregate value
$400,520.00
Aggregate value listed for the 6,460 Virtu common shares
Notice date
08/18/2026
Date of Rule 144 notice for planned sale
Acquisition period start
07/01/2020
Start of period when shares were acquired and paid for
Acquisition period end
07/01/2026
End of period when shares were acquired and paid for
Key Terms
Rule 144, Equity Compensation, restricted stock unit, revocable trust
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Equity Compensation financial
"6460 | 07/01/2020 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
restricted stock unit financial
"RSU / Dividends - see remarks"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
revocable trust financial
"Shares sold in VIRGINIA GAMBALE REVOCABLE TRUST account."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What does the Rule 144 filing disclose for Virtu Financial (VIRT)?
The filing discloses a planned Rule 144 sale of 6,460 shares of Virtu Financial common stock by director Virginia Gambale’s revocable trust, with the notice dated August 18, 2026, covering shares acquired via equity compensation and dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.