Every 8-K that Virtu Financial, Inc. (VIRT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VIRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VIRT filings page.
Virtu Financial, Inc. (VIRT) reported that its Board of Directors appointed Barbara Finigan as a Class I independent director, effective August 19, 2026. She brings over 35 years of experience in senior legal roles, including serving as Chief Legal Officer at Hasbro, Inc. from December 2010 to March 2019.
As of August 2025, she serves as Chief Legal Officer at Fuze Health and as a director and advisor to two private companies in the insurance and technology sectors. She will be compensated as a non-employee director consistent with Virtu’s April 29, 2026 proxy statement, and has entered into a director indemnification agreement in the standard form used for other directors. Following her appointment, Virtu’s Board consists of eleven directors.
Virtu Financial, Inc. reported strong second quarter 2026 operating performance. Total revenues were $1,190.0 million, up 19.0% from $999.6 million a year earlier, while trading income, net, rose 31.2% to $856.7 million. GAAP net income was $284.9 million versus $293.0 million in the prior-year quarter, with basic and diluted EPS of $1.63 compared with $1.65. GAAP net income margin was 23.9%.
Key non-GAAP metrics improved: Adjusted Net Trading Income increased 26.4% to $717.9 million, Adjusted EBITDA increased 18.2% to $436.8 million with a 60.8% Adjusted EBITDA margin, and Normalized Adjusted Net Income increased 19.4% to $291.5 million, yielding Normalized Adjusted EPS of $1.82 versus $1.53. For the first six months of 2026, net income was $631.5 million, up from $482.6 million.
As of June 30, 2026, Virtu held $1,133.0 million in cash, cash equivalents and restricted cash and had total long-term debt outstanding of $2,051.1 million in aggregate principal. The board declared a quarterly cash dividend of $0.24 per share, payable September 15, 2026 to shareholders of record on September 1, 2026.
Virtu Financial, Inc. entered into Amendment No. 4 to its senior secured credit agreement, under which subsidiaries Virtu Financial LLC and VFH Parent LLC obtained $500 million of incremental senior secured first lien Term B-2 loans. This increases the aggregate Term B-2 loan balance to $2,029.55 million.
The Term B-2 Loans bear floating interest, at Virtu’s election, either at an alternative base rate plus 1.50% or at term SOFR plus 2.50%. They mature on June 21, 2031, amortize annually by approximately 1.0% of the Incremental Term B-2 principal on a pro rata basis with other Term B-2 loans, and are subject to additional contingent principal payments tied to excess cash flow and other events. A related press release notes the term loan balance under the senior secured credit facility is now $2,030 million, and that proceeds may be used for general corporate purposes.
Virtu Financial reported preliminary estimates for the quarter ended June 30, 2026. Management expects net income of $285 million and Normalized Adjusted Net Income of $292 million, with basic and diluted EPS of $1.63 and Normalized Adjusted EPS of $1.82.
Preliminary trading income, net is $857 million and Adjusted Net Trading Income is $718 million, versus $653 million and $568 million in the same quarter of 2025. Adjusted EBITDA is estimated at $437 million, compared with $369 million a year earlier. These figures are non‑GAAP where indicated and remain subject to normal closing and review procedures.
Virtu is also marketing $400 million of Incremental Term Loans under its senior secured credit facility, increasing the total Term Loan B balance to $1,930 million. Pro forma total debt is $2,452 million and cash $1,373 million, with total net leverage remaining 0.7x and total debt to LTM Adjusted EBITDA at 1.5x.
Virtu Financial, Inc. reported the results of its 2026 annual meeting of stockholders held on June 10, 2026. Stockholders elected three Class II directors—Aaron Simons, Joseph J. Grano, Jr., and Joanne M. Minieri—for three-year terms expiring at the 2029 annual meeting.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers. In addition, they ratified the appointment of PricewaterhouseCoopers LLP as Virtu’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Virtu Financial, Inc. updated the employment agreement for its Chief Financial Officer, Cindy Lee. The amended deal sets an annual base salary of $500,000 and includes eligibility for a discretionary annual bonus.
Ms. Lee will receive a special long-term equity award of 20,000 restricted shares or RSUs, vesting in three equal annual installments from the grant date. The agreement runs initially through June 30, 2029, with automatic one-year renewals unless either party gives timely notice of non-renewal. For certain qualifying terminations, she is entitled to cash severance, continued benefits coverage and partial acceleration of the equity award, with enhanced severance of 2.5× salary plus most recent annual bonus and extended benefits if the termination is connected to a change in control. Existing confidentiality, non-compete and non-solicitation covenants continue to apply.
Virtu Financial, Inc. reported a strong first quarter for the period ended March 31, 2026, with total revenues of $1,095.3 million and net income of $346.6 million. Basic and diluted earnings per share were $1.99.
Trading income, net, reached $789.1 million, while Adjusted Net Trading Income was $786.5 million. Adjusted EBITDA was $520.6 million, corresponding to an Adjusted EBITDA margin of 66.2%. The board declared a quarterly cash dividend of $0.24 per share, payable on June 15, 2026 to shareholders of record on June 1, 2026.
Virtu Financial, Inc. furnished an update on its latest quarterly performance. The company issued a press release detailing its financial results for the quarter ended December 31, 2025, and attached this release as Exhibit 99.1. The information is provided under the “Results of Operations and Financial Condition” item and is designated as furnished rather than filed, meaning it is not incorporated into the company’s Securities Act filings.
Virtu Financial, Inc. furnished an update on its business by announcing that it issued a press release with financial results for the quarter ended September 30, 2025. The company provided this disclosure via an 8-K, Item 2.02 (Results of Operations and Financial Condition), with the press release attached as Exhibit 99.1. The company stated that Item 2.02 and Exhibit 99.1 are not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference into Securities Act filings.
The company’s Class A common stock trades on the NYSE under the symbol VIRT. The 8-K is dated October 29, 2025.
Virtu Financial, Inc. updated its employment arrangements with Chief Executive Officer Aaron Simons through a new amended and restated employment letter agreement effective with his previously announced appointment as CEO on August 1, 2025. The agreement runs initially through August 1, 2030, with automatic one-year renewals and special term extensions if a change in control occurs late in the term.
Mr. Simons’ base salary increased from $600,000 to $1,200,000, and his target annual bonus rose from $2,000,000 to $3,000,000, with a maximum of 200% of target. Bonuses are split between cash and equity, including restricted shares or RSUs and fully vested stock or DSUs. He is also eligible for an annual equity grant that the board currently intends to size at 150,000 shares, tied to budgeted EBITDA performance.
The agreement provides a $7,500,000 sign-on bonus subject to three-year monthly vesting and repayment conditions on certain departures, as well as detailed severance, benefit continuation, and equity vesting protections in the event of specified terminations, including enhanced benefits in connection with a change in control.
Virtu Financial, Inc. entered into Amendment No. 3 to its existing credit agreement, adding $300 million of incremental senior secured first lien Term B-2 loans. This brings the total Term B-2 loan balance to $1,545 million, with proceeds designated for general corporate purposes.
The Term B-2 loans were issued at par and bear interest, at the company’s election, at a floating rate based on either a prime- and SOFR-based formula plus 1.50%, or a SOFR-based formula plus 2.50%. The Term B-2 loans mature on June 21, 2031 and amortize at 1.0% per year of the total Term B-2 balance as of the amendment date, with additional contingent principal payments tied to excess cash flow and other events.