Virtu (VIRT) director gains stock from RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban David reported acquisition or exercise transactions in this Form 4 filing.
Virtu Financial director David Urban increased his equity stake through routine compensation awards. On July 1, 2026, 3,392 restricted stock units vested and were settled in shares of Class A common stock granted under Virtu’s Second Amended and Restated 2015 Management Incentive Plan. On the same date, he also received a new grant of 2,504 restricted stock units, each representing a contingent right to one Class A share and scheduled to vest on July 1, 2027. Following these transactions, Urban directly owns 45,039 shares of Class A common stock, with an additional 2,504 RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,392 shares exercised/converted
Mixed
3 txns
Insider
Urban David
Role
null
| 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 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Class A common stock — 45,039 shares (Direct, null)
Footnotes (1)
- Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under 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.
Key Figures
Vested RSUs settled in shares: 3,392 shares
New RSU grant: 2,504 RSUs
Shares owned after transactions: 45,039 shares
+2 more
5 metrics
Vested RSUs settled in shares
3,392 shares
Class A common stock issued on July 1, 2026
New RSU grant
2,504 RSUs
Granted July 1, 2026; each for one Class A share
Shares owned after transactions
45,039 shares
Class A common stock directly held by David Urban
Unvested RSUs outstanding
2,504 RSUs
RSUs vesting on July 1, 2027
RSU exercise/settlement price
$0.00 per unit
RSUs settled and granted at no cash exercise price
Key Terms
Restricted Stock Unit, Class A common stock, Second Amended and Restated 2015 Management Incentive Plan, vested, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and footnotes describing RSUs"
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
"Shares of Class A common stock issued in settlement of vested restricted stock units"
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
"RSUs granted under the Issuer's Second Amended and Restated 2015 Management Incentive Plan"
vested financial
"The RSUs vested on July 1, 2026."
contingent right financial
"represents a contingent right to receive one share of Class A common stock"
FAQ
What insider transactions did Virtu Financial (VIRT) director David Urban report?
David Urban reported routine equity compensation activity. On July 1, 2026, 3,392 restricted stock units vested into Class A common shares and he received a new grant of 2,504 restricted stock units under Virtu’s management incentive plan.
What RSU grant did Virtu Financial (VIRT) make to David Urban on July 1, 2026?
On July 1, 2026, David Urban received a grant of 2,504 restricted stock units. Each RSU represents a contingent right to receive one Virtu Class A common share and was granted under the company’s Second Amended and Restated 2015 Management Incentive Plan.
When do David Urban’s new Virtu Financial (VIRT) RSUs vest?
The newly granted 2,504 restricted stock units to David Urban vest on July 1, 2027. Until vesting, they represent a contingent right to receive an equivalent number of Virtu Class A common shares, subject to the terms of the company’s incentive plan.
What does the vested RSU settlement mean for Virtu Financial (VIRT) director ownership?
The settlement of 3,392 vested restricted stock units into Class A common shares increases David Urban’s direct share ownership. It reflects compensation earned under Virtu’s incentive plan, shifting value from unvested/derivative form into actual common stock holdings.