Virtu Financial (VIRT) director sells 9,094 shares at $60.13, holds 30,902 shares
Rhea-AI Filing Summary
Virtu Financial, Inc. (VIRT) director John Nixon reported a sale of 9,094 shares of Class A common stock on August 17, 2026 at $60.13 per share, leaving him with 30,902 shares held directly. He also reports 2,504 Restricted Stock Units, each representing a right to receive one Class A share, which vest on July 1, 2027 under Virtu’s Second Amended and Restated 2015 Management Incentive Plan.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 9,094 shares
Net Sell
2 txns
Insider
Nixon John
Role
Director
Sold
9,094 shs ($547K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 9,094 | $60.13 | $547K |
| holding | Restricted Stock Unit F1, F2 | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 30,902 shares (Direct);
Restricted Stock Unit — 2,504 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The RSUs vest on July 1, 2027.
Key Figures
Shares sold: 9,094 shares
Sale price per share: $60.13 per share
Shares held after transaction: 30,902 shares
+2 more
5 metrics
Shares sold
9,094 shares
Class A common stock sale on August 17, 2026
Sale price per share
$60.13 per share
Price for 9,094 Class A common shares sold
Shares held after transaction
30,902 shares
Direct ownership of Class A common stock following the sale
Underlying RSU shares
2,504 shares
Underlying Class A shares for RSUs held directly
RSU vesting date
July 1, 2027
Vesting date for reported Restricted Stock Units
Key Terms
Restricted Stock Unit, Class A common stock, Management Incentive Plan
3 terms
Restricted Stock Unit financial
"The RSUs vest on July 1, 2027."
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.
Class A common stock financial
"represents a contingent right to receive one share of Class A common stock"
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.
Management Incentive Plan financial
"granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan"
A management incentive plan is a structured pay program that rewards company executives and senior managers when they meet specific goals, using cash bonuses, stock awards, or options. It matters to investors because it helps align leaders’ actions with shareholder interests—like tying a coach’s bonus to a team’s wins—while influencing retention, risk-taking and potential share dilution, all of which can affect company performance and stock value.
FAQ
What insider transaction did Virtu Financial (VIRT) director John Nixon report?
John Nixon reported a sale of 9,094 shares of Virtu Financial Class A common stock on August 17, 2026. The shares were sold at a price of $60.13 per share in an open market or private transaction.
What Restricted Stock Units (RSUs) does John Nixon hold in Virtu Financial (VIRT)?
John Nixon holds RSUs covering 2,504 underlying Class A shares of Virtu Financial. Each RSU represents a contingent right to receive one Class A common share and these RSUs vest on July 1, 2027 under the company’s incentive plan.
Were John Nixon’s Virtu Financial (VIRT) transactions made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating that the sale occurred under a Rule 10b5-1 trading plan, based on the information provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.
