Virtu Financial (VIRT) Co-President Molluso logs major RSU vesting and grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Virtu Financial Co-President & Co-COO Joseph Molluso reported multiple equity award transactions in Class A common stock and restricted stock units (RSUs). On January 31, 2026, 37,500 RSUs tied to 2024 performance vested and settled into 37,500 shares, with 20,738 shares withheld for taxes. On the same date, 37,500 performance-based shares for 2025 vested, again with 20,738 shares withheld for taxes. He also received a new grant of 37,500 RSUs linked to 2025 performance, scheduled to vest on January 31, 2027. On February 2, 2026, 11,193 RSUs vested and settled into 11,193 shares, with 6,190 shares withheld for taxes. After these transactions, he held 514,674 shares of Class A common stock and 82,873 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
48,693 shares exercised/converted
Mixed
9 txns
Insider
Molluso Joseph
Role
Co-President & Co-COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 11,193 | $0.00 | -- |
| Exercise | Class A common stock | 11,193 | $0.00 | -- |
| Tax Withholding | Class A common stock | 6,190 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 37,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 37,500 | $0.00 | -- |
| Exercise | Class A common stock | 37,500 | $0.00 | -- |
| Tax Withholding | Class A common stock | 20,738 | $0.00 | -- |
| Grant/Award | Class A common stock | 37,500 | $0.00 | -- |
| Tax Withholding | Class A common stock | 20,738 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 82,873 shares (Direct);
Class A common stock — 520,864 shares (Direct)
Footnotes (1)
- 37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2024 and vested and settled in shares of Class A common stock on January 31, 2026. The RSUs were granted under the Issuer's Second Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso. Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Second Amended and Restated 2015 Management Incentive Plan. 37,500 shares of class A common stock were earned as a result of the Issuer's achievement of associated performance objective for 2025 and vested on January 31, 2026. The shares were granted under the Issuer's Second Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso. Shares of Class A common stock issued in settlement of vested RSUs granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan. The RSUs vested January 31, 2026 37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2025. The RSUs were granted under the Issuer's Second Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso. The RSUs vest January 31, 2027. Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs vested February 2, 2026.
FAQ
What insider activity did VIRT Co-President Joseph Molluso report?
Joseph Molluso reported vesting and settlement of RSUs into Class A common stock, new RSU grants, and tax-withholding share reductions. These transactions reflect routine equity compensation under Virtu Financial’s 2015 Management Incentive Plan tied to performance objectives for 2024 and 2025.
How many Virtu Financial (VIRT) RSUs vested for Joseph Molluso in 2026?
37,500 RSUs tied to 2024 performance vested and settled on January 31, 2026, and 11,193 RSUs vested on February 2, 2026. These awards were granted under Virtu Financial’s Amended and Restated 2015 Management Incentive Plan and converted into Class A common shares.
What new RSU awards did Virtu Financial (VIRT) grant to Joseph Molluso?
Virtu Financial granted 37,500 RSUs related to 2025 performance to Joseph Molluso. These RSUs were issued under the company’s Second Amended and Restated 2015 Management Incentive Plan and are scheduled to vest on January 31, 2027, subject to the plan’s terms.
How many RSUs does Joseph Molluso hold in Virtu Financial (VIRT) after the Form 4?
Following the RSU vesting, settlement, and new grant activity, Joseph Molluso held 82,873 restricted stock units. These RSUs each represent a contingent right to receive one share of Virtu Financial Class A common stock under the company’s 2015 Management Incentive Plan.