Virtu Financial (VIRT) EVP Stephen Cavoli logs RSU vesting, tax withholdings and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Virtu Financial EVP Stephen Cavoli reported equity compensation activity involving Class A common stock and restricted stock units (RSUs). On February 3 and 4, 2026, previously granted RSUs vested and were settled into shares of Class A common stock, with a portion of those shares withheld by the company to cover taxes.
Cavoli also received a new grant of 22,593 RSUs on February 4, 2026, which will vest in three equal installments on February 4, 2027, February 4, 2028, and February 4, 2029. Following these transactions, he directly holds 216,191 shares of Class A common stock and 85,463 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,119 shares exercised/converted
Mixed
9 txns
Insider
Cavoli Stephen
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,531 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 22,593 | $0.00 | -- |
| Exercise | Class A common stock | 7,531 | $0.00 | -- |
| Tax Withholding | Class A common stock | 3,845 | $0.00 | -- |
| Grant/Award | Class A common stock | 15,062 | $0.00 | -- |
| Tax Withholding | Class A common stock | 7,690 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 11,588 | $0.00 | -- |
| Exercise | Class A common stock | 11,588 | $0.00 | -- |
| Tax Withholding | Class A common stock | 5,916 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 62,870 shares (Direct);
Class A common stock — 212,664 shares (Direct)
Footnotes (1)
- 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. 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 Amended and Restated 2015 Management Incentive Plan. Shares of Class A common stock granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan. 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 on February 3, 2026. The RSUs vested on February 4, 2026. The RSUs vest in three equal installments on February 4, 2027, February 4, 2028 and February 4, 2029.
FAQ
What insider activity did Virtu Financial (VIRT) report for EVP Stephen Cavoli?
Virtu Financial reported equity compensation activity for EVP Stephen Cavoli, including RSU vesting, share settlements, tax withholding, and a new RSU grant. These transactions adjust his mix of directly held Class A shares and unvested restricted stock units under the company’s management incentive plan.
How many Virtu Financial (VIRT) RSUs vested for EVP Stephen Cavoli in February 2026?
RSUs vested for Stephen Cavoli on February 3 and February 4, 2026, and were settled into shares of Virtu Financial Class A common stock. The filing shows associated “M” transactions for 11,588 RSUs on February 3 and 7,531 RSUs on February 4, reflecting these vesting events.
What new RSU grant did Virtu Financial (VIRT) give EVP Stephen Cavoli?
On February 4, 2026, Stephen Cavoli received a grant of 22,593 restricted stock units. These RSUs were issued under Virtu Financial’s management incentive plan and represent contingent rights to receive Class A common shares if service-based vesting conditions are satisfied on specified future dates.
When will Stephen Cavoli’s new Virtu Financial (VIRT) RSUs vest?
The new 22,593 RSU grant to Stephen Cavoli vests in three equal installments. Vesting is scheduled on February 4, 2027, February 4, 2028, and February 4, 2029, aligning the compensation with longer-term service and creating a multi‑year incentive horizon for the executive.