Virtu Financial (VIRT) director sells 4,000 shares, retains RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Virtu Financial director Virginia Gambale sold shares and updated her equity holdings. On May 5, 2026, she completed an open-market sale of 4,000 shares of Class A common stock at $50.00 per share, leaving her with 19,978 Class A shares held directly.
She also holds restricted stock units (RSUs) covering 3,392 shares of Class A common stock. Each RSU represents a contingent right to receive one share and was granted under Virtu’s Second Amended and Restated 2015 Management Incentive Plan. The RSUs are scheduled to vest on July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($200,000)
Net Sell
2 txns
Insider
Gambale Virginia
Role
null
Sold
4,000 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 4,000 | $50.00 | $200K |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 19,978 shares (Direct, null);
Restricted Stock Unit — 3,392 shares (Direct, null)
Footnotes (1)
- 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 vest on July 1, 2026.
Key Figures
Shares sold: 4,000 shares
Sale price per share: $50.00 per share
Shares held after sale: 19,978 shares
+3 more
6 metrics
Shares sold
4,000 shares
Open-market sale of Class A common stock on May 5, 2026
Sale price per share
$50.00 per share
Price for 4,000 Class A shares sold on May 5, 2026
Shares held after sale
19,978 shares
Direct Class A common stock holdings following the transaction
RSUs outstanding
3,392 RSUs
Restricted Stock Units linked to Class A shares, unvested
RSU vesting date
July 1, 2026
Scheduled vesting date for 3,392 RSUs
RSU exercise price
$0.00
Exercise price for Restricted Stock Units
Key Terms
Restricted Stock Unit, Class A common stock, Second Amended and Restated 2015 Management Incentive Plan, open-market sale
4 terms
Restricted Stock Unit financial
"Each RSU is 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.
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.
Second Amended and Restated 2015 Management Incentive Plan financial
"Each RSU is granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Virtu Financial (VIRT) report for Virginia Gambale?
Virtu Financial reported that director Virginia Gambale executed an open-market sale of 4,000 shares of Class A common stock at $50.00 per share. After this transaction, she directly holds 19,978 Class A shares according to the Form 4 disclosure.
What restricted stock units does Virginia Gambale have at Virtu Financial (VIRT)?
Virginia Gambale holds restricted stock units (RSUs) linked to 3,392 shares of Class A common stock. Each RSU represents a contingent right to receive one share under Virtu’s Second Amended and Restated 2015 Management Incentive Plan, supplementing her directly held Class A shares.
When do Virginia Gambale’s RSUs in Virtu Financial (VIRT) vest?
The Form 4 states that Virginia Gambale’s RSUs vest on July 1, 2026. At vesting, each RSU represents a contingent right to convert into one share of Virtu Financial Class A common stock, assuming applicable vesting conditions under the management incentive plan are satisfied.