Welcome to our dedicated page for Virtu Financial SEC filings (Ticker: VIRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Virtu Financial, Inc. filings document the regulatory record for a Delaware financial services company with Market Making and Execution Services operations. Form 8-K reports furnish quarterly results and related press releases, including segment disclosures for trading income, total revenues and adjusted net trading income.
Other filings cover governance, compensation and capital structure. Proxy materials describe annual meeting proposals, director elections, advisory executive compensation votes and auditor ratification. Current reports also document executive appointments and compensatory arrangements, amendments to credit agreements, senior secured term loan financing, and related corporate agreements.
Virtu Financial, Inc. updated its employment arrangements with Chief Executive Officer Aaron Simons through a new amended and restated employment letter agreement effective with his previously announced appointment as CEO on August 1, 2025. The agreement runs initially through August 1, 2030, with automatic one-year renewals and special term extensions if a change in control occurs late in the term.
Mr. Simons’ base salary increased from $600,000 to $1,200,000, and his target annual bonus rose from $2,000,000 to $3,000,000, with a maximum of 200% of target. Bonuses are split between cash and equity, including restricted shares or RSUs and fully vested stock or DSUs. He is also eligible for an annual equity grant that the board currently intends to size at 150,000 shares, tied to budgeted EBITDA performance.
The agreement provides a $7,500,000 sign-on bonus subject to three-year monthly vesting and repayment conditions on certain departures, as well as detailed severance, benefit continuation, and equity vesting protections in the event of specified terminations, including enhanced benefits in connection with a change in control.
Virtu Financial, Inc. entered into Amendment No. 3 to its existing credit agreement, adding $300 million of incremental senior secured first lien Term B-2 loans. This brings the total Term B-2 loan balance to $1,545 million, with proceeds designated for general corporate purposes.
The Term B-2 loans were issued at par and bear interest, at the company’s election, at a floating rate based on either a prime- and SOFR-based formula plus 1.50%, or a SOFR-based formula plus 2.50%. The Term B-2 loans mature on June 21, 2031 and amortize at 1.0% per year of the total Term B-2 balance as of the amendment date, with additional contingent principal payments tied to excess cash flow and other events.
Virtu Financial, Inc. entered into Amendment No. 3 to its existing credit agreement, adding $300 million of incremental senior secured first lien Term B-2 loans. This brings the total Term B-2 loan balance to $1,545 million, with proceeds designated for general corporate purposes.
The Term B-2 loans were issued at par and bear interest, at the company’s election, at a floating rate based on either a prime- and SOFR-based formula plus 1.50%, or a SOFR-based formula plus 2.50%. The Term B-2 loans mature on June 21, 2031 and amortize at 1.0% per year of the total Term B-2 balance as of the amendment date, with additional contingent principal payments tied to excess cash flow and other events.
Virtu Financial filed a Form 144/A reporting a proposed sale of Class A Common stock. The filing lists 918,363 shares to be sold through J.P. Morgan Securities LLC on or about 08/04/2025, with an aggregate market value of $39,829,403.31 and 84,577,655 shares outstanding. The acquisition history in the filing shows the shares were acquired via compensation grants, gifts to trusts, and an open-market purchase on dates between 09/13/2023 and 08/11/2025. The filer reports no securities sold in the past three months and certifies they are not aware of any undisclosed material adverse information.
Aaron Wyatt Simons, identified as a Director and Chief Executive Officer of Virtu Financial, reports a mix of direct and derivative holdings. He directly owns 93 Class A shares, holds 95,243 restricted stock units (each a contingent right to one Class A share), and has an indirect interest in 520,184 Virtu Financial LLC units held through Virtu Employee Holdco LLC that are exchangeable one-for-one into Class A shares under the Exchange Agreement; he disclaims beneficial ownership of units held by the Holdco except to the extent of his pecuniary interest.
John Nixon, a director of Virtu Financial (VIRT), reported a transaction dated 08/06/2025 in Class A common stock. The Form 4 shows transaction code G for 4,000 shares at a reported price of $0 and lists 36,604 shares as beneficially owned following the transaction, held directly.
Brett Fairclough, Co‑President & Co‑COO of Virtu Financial (VIRT), reported a sale of 90,701 shares of Class A common stock on 08/07/2025 at a weighted average price of $42.4036 (individual trades ranged $42.225–$42.66). The filing reports 0 Class A shares directly owned following the transaction. Fairclough continues to hold 94,065 restricted stock units (each representing a contingent right to one share) and 10,930 non‑voting Virtu Financial LLC units held indirectly through Virtu Employee Holdco LLC, which may be exchanged for Class A shares under the Exchange Agreement. The RSUs vest in multiple installments in early 2026–2028 as detailed in the filing.
Virtu Financial, Inc. (VIRT) – Form 4 filing dated 08/05/2025
Virtu Employee Holdco LLC, a 10% owner and related party, reported an internal disposition of 224,662 Class C common shares and a corresponding reduction of 224,662 non-voting Virtu Financial LLC units on 08/01/2025. The transactions were executed under the company’s Exchange Agreement, which allows employees who elect to receive equity to swap Class C shares and LLC units for Class A common stock. Following the exchange, Virtu Employee Holdco LLC still beneficially owns 3,256,634 shares/units, maintaining its status as a significant insider holder.
No open-market sales, cash proceeds, or option exercises were disclosed; the activity reflects a reclassification of equity rather than a liquidity event. The filing does not alter total fully diluted share count, carries no reported price, and appears routine under Virtu’s capital structure mechanics.