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Virtu Financial (NASDAQ: VIRT) director lines up restricted stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Virtu Financial, Inc. (VIRT) is the issuer for a Rule 144 notice filed in connection with planned sales of its common stock by director Joseph J. Grano Jr.. The notice covers the proposed sale of 8,400 shares of common stock through broker Stifel Nicolaus & Company Inc., with an aggregate market value of $511,856.00. Common shares outstanding are reported as 88,300,678, as context for the transaction. The approximate date of sale is listed as August 19, 2026. The shares relate to restricted stock granted as equity compensation, including 3,392 shares tied to a July 2, 2026 award and 5,008 shares tied to a July 3, 2025 award.

Positive

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Negative

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Shares to be sold 8,400 shares Common stock proposed to be sold under Rule 144
Aggregate market value of shares to be sold $511,856.00 Value of 8,400 Virtu Financial common shares covered by the notice
Shares outstanding 88,300,678 shares Virtu Financial common shares outstanding, as reported in the notice
Approximate date of sale 08/19/2026 Planned timing for the Rule 144 sale on the NYSE
Restricted stock grant shares (2026 award) 3,392 shares Restricted stock tied to July 2, 2026 equity compensation
Restricted stock grant shares (2025 award) 5,008 shares Restricted stock tied to July 3, 2025 equity compensation
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.
Restricted Stock financial
"Common Stock | 07/02/2026 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Equity Compensation financial
"3392 | 07/02/2026 | 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.
attorney-in-fact regulatory
"as attorney-in-fact for Joseph J Grano Jr."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing for VIRT disclose about Joseph J. Grano Jr.’s planned sale?

The Form 144 notice discloses that director Joseph J. Grano Jr. may sell 8,400 shares of Virtu Financial common stock. The sale is to be executed through Stifel Nicolaus & Company Inc. under Rule 144 as a proposed disposition of restricted shares.

How many Virtu Financial (VIRT) shares are covered by this Form 144 and what is their value?

The notice covers 8,400 shares of Virtu Financial common stock, with an aggregate market value of $511,856.00. These figures describe the securities proposed to be sold under Rule 144 by director Joseph J. Grano Jr. through Stifel Nicolaus.

What percentage context does the planned 8,400-share sale represent relative to VIRT stock?

The filing reports 88,300,678 Virtu Financial common shares outstanding, providing context for the 8,400 shares proposed for sale. This indicates the planned disposition is small relative to total shares, based solely on the reported outstanding figure.

When is the approximate sale date for the VIRT shares in this Form 144?

The approximate date of sale listed is August 19, 2026. This date in the notice reflects when the 8,400 Virtu Financial common shares may be sold on the NYSE, subject to Rule 144 conditions and market execution.

What is the origin of the Virtu Financial (VIRT) shares listed in this Form 144?

The shares derive from restricted stock issued as equity compensation by Virtu Financial. The filing references 3,392 shares tied to a July 2, 2026 grant and 5,008 shares tied to a July 3, 2025 grant as the sources.

Which broker is involved in the planned Rule 144 sale of VIRT shares?

The broker listed is Stifel Nicolaus & Company Inc., located in St. Louis, Missouri. Stifel is identified as handling the proposed sale of 8,400 Virtu Financial common shares on the NYSE under the Rule 144 notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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: Securities To Be Sold


* 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: Securities Sold During The Past 3 Months

144: Remarks and Signature