Virtu Financial (VIRT) director adds 3,392 shares and 2,504 new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Virtu Financial director Joanne Minieri reported equity compensation activity involving Class A common stock and restricted stock units (RSUs). She exercised 3,392 RSUs into Class A common stock, bringing her direct holdings to 41,385 shares. She also received a grant of 2,504 new RSUs, each representing a contingent right to one share of Class A common stock. According to the footnotes, the exercised RSUs vested on July 1, 2026, and the newly granted RSUs are scheduled to vest on July 1, 2027, under Virtu’s Second Amended and Restated 2015 Management Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,392 shares exercised/converted
Mixed
3 txns
Insider
Minieri Joanne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,392 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 2,504 | $0.00 | -- |
| Exercise | Class A common stock | 3,392 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Class A common stock — 41,385 shares (Direct, null)
Footnotes (1)
- Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan. Each RSU is granted under the Issuer's Second 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 on July 1, 2026. The RSUs vest on July 1, 2027.
Key Figures
RSUs exercised into shares: 3,392 shares
Shares held after transaction: 41,385 shares
New RSU grant: 2,504 RSUs
+3 more
6 metrics
RSUs exercised into shares
3,392 shares
Class A common stock issued from vested RSUs on July 1, 2026
Shares held after transaction
41,385 shares
Direct Class A common stock holdings following RSU settlement
New RSU grant
2,504 RSUs
Grant under 2015 Management Incentive Plan on July 1, 2026
Underlying shares per RSU
1 share per RSU
Each RSU represents a contingent right to one Class A share
Vesting date of exercised RSUs
July 1, 2026
Date on which the 3,392 RSUs vested before share issuance
Vesting date of new RSUs
July 1, 2027
Scheduled vesting for the 2,504 newly granted RSUs
Key Terms
Restricted Stock Unit, Second Amended and Restated 2015 Management Incentive Plan, Class A common stock, vested, +1 more
5 terms
Restricted Stock Unit financial
"Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan."
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.
Second Amended and Restated 2015 Management Incentive Plan financial
"Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan."
Class A common stock financial
"Each RSU is granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vested financial
"The RSUs vested on July 1, 2026."
contingent right financial
"represents a contingent right to receive one share of Class A common stock of the Issuer."
FAQ
What insider transactions did Virtu Financial (VIRT) director Joanne Minieri report?
Joanne Minieri reported equity compensation transactions, exercising 3,392 restricted stock units into Class A common stock and receiving a grant of 2,504 new RSUs. All events occurred on July 1, 2026, under Virtu’s management incentive plan.
What new restricted stock unit grant did Virtu Financial (VIRT) disclose for Joanne Minieri?
The filing shows a grant of 2,504 restricted stock units to Joanne Minieri. Each RSU represents a contingent right to receive one share of Virtu Class A common stock, with these RSUs scheduled to vest on July 1, 2027, under the company’s incentive plan.
Are Joanne Minieri’s Virtu Financial (VIRT) Form 4 transactions open-market stock purchases or sales?
The Form 4 transactions are not open-market trades. They reflect equity compensation: an exercise of 3,392 restricted stock units into Class A common stock and a grant of 2,504 additional RSUs, all priced at zero per unit as reported in the filing.