Virtu Financial (VIRT) Co-President reports RSU vesting, tax withholdings and new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Virtu Financial Co-President & Co-COO Joseph Molluso reported equity compensation activity involving Class A common stock and stock units. On February 3, 2026, 11,588 shares were issued upon RSU vesting, with 6,409 shares withheld for taxes, leaving 519,853 shares directly owned. On February 4, 2026, 15,062 additional shares were issued from vested RSUs and 8,330 shares were withheld for taxes, bringing his direct Class A common stock holdings to 526,585 shares.
Derivative transactions show RSU conversions and awards at no cash exercise price. After these, he held 86,347 restricted stock units and 7,531 deferred stock units, with the newly granted 22,593 RSUs scheduled to vest in three equal installments on February 4, 2027, 2028, and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,650 shares exercised/converted
Mixed
8 txns
Insider
Molluso Joseph
Role
Co-President & Co-COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,531 | $0.00 | -- |
| Exercise | Deferred Stock Unit | 7,531 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 22,593 | $0.00 | -- |
| Grant/Award | Class A common stock | 15,062 | $0.00 | -- |
| Tax Withholding | Class A common stock | 8,330 | $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 | 6,409 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 63,754 shares (Direct);
Deferred Stock Unit — 7,531 shares (Direct);
Class A common stock — 534,915 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 and were previously subject to a deferral election. Deferred Stock Units ("DSU") credited to the reporting person under the Virtu Financial, Inc. Deferred Compensation Plan, effective November 13, 2020, for Restricted Stock Units ("RSUs") granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan. Each DSU is economically equivalent to one share of Class A common stock. The DSUs credited under the Deferred Compensation Plan are generally payable in the form elected or provided under the Deferred Compensation Plan on the earlier of: (i) a separation from service, (ii) a specified date, or (iii) a change in control. The RSUs vest in three equal installments on February 4, 2027, February 4, 2028 and February 4, 2029.
FAQ
What insider transactions did Joseph Molluso report for Virtu Financial (VIRT)?
Joseph Molluso reported RSU vesting and related share issuances in Virtu Class A stock. On February 3 and 4, 2026, RSUs converted into shares, some shares were withheld for taxes, and he also received a new RSU grant vesting over three years.
What restricted stock unit (RSU) holdings did Joseph Molluso report at Virtu Financial (VIRT)?
Following the Form 4 transactions, Joseph Molluso reported beneficial ownership of 86,347 restricted stock units. These RSUs were granted under Virtu’s 2015 Management Incentive Plan and represent contingent rights to receive an equal number of Class A common shares in the future.
What new RSU grant did Joseph Molluso receive from Virtu Financial (VIRT)?
On February 4, 2026, Joseph Molluso received a grant of 22,593 restricted stock units. According to the filing, these RSUs vest in three equal installments on February 4, 2027, February 4, 2028, and February 4, 2029, subject to the plan’s terms.
What are the deferred stock units reported by Joseph Molluso at Virtu (VIRT)?
Joseph Molluso reported 7,531 deferred stock units under Virtu’s Deferred Compensation Plan. Each DSU is economically equivalent to one Class A share and becomes payable upon separation from service, a specified date, or a change in control, as outlined in the plan.