Virtu Financial (VIRT) director gains 3,392 shares, 2,504 new RSUs in Form 4
Rhea-AI Filing Summary
Virtu Financial, Inc. director John Nixon reported compensation-related equity activity. He exercised restricted stock units to acquire 3,392 shares of Class A common stock at a stated price of $0.00 per share, bringing his direct holdings to 39,996 Class A shares.
Nixon also received a new grant of 2,504 restricted stock units under Virtu’s Second Amended and Restated 2015 Management Incentive Plan, each representing one future share of Class A common stock. Footnotes state the RSUs that were exercised vested on July 1, 2026 and the newly granted RSUs will vest on July 1, 2027.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant and RSU settlement with no open-market trading.
Director John Nixon acquired 3,392 shares of Virtu Financial Class A common stock through settlement of restricted stock units, and received a new award of 2,504 RSUs. The transactions are recorded at a stated price of $0.00 per share as compensation, not market purchases.
The Form 4 shows 39,996 Class A shares held directly after settlement and 2,504 RSUs outstanding that vest on July 1, 2027. With no reported open-market buys or sells and no remaining derivative positions from this grant, these actions appear as standard director compensation rather than a directional bet on the stock.
Insider Trade Summary
| 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 | -- |
Footnotes (1)
- 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. 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.