Virtu Financial (VIRT) Co-President sells 200,000 Class A shares
Rhea-AI Filing Summary
Virtu Financial, Inc. Co-President & Co-COO Joseph Molluso reported an open-market sale of 200,000 shares of Class A common stock. The sale on February 19, 2026 was at a weighted average price of $38.8821 per share, with individual trade prices ranging from $38.48 to $39.24. After this transaction, he directly held 326,585 shares of Class A common stock.
He also reported holdings of 86,347 Restricted Stock Units, each representing a contingent right to receive one Class A share, scheduled to vest in installments in February 2027, February 2028 and February 2029. In addition, he held 7,531 Deferred Stock Units, each economically equivalent to one Class A share and generally payable under the Deferred Compensation Plan upon separation from service, a specified date, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 200,000 | $38.8821 | $7.78M |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Deferred Stock Unit | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $38.48 to $39.24, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above. 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 in installments in February 2027, February 2028 and February 2029. 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 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.