CAVOLI STEPHEN (EVP) exercised options at VIRTU FINANCIAL, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 2/5/2025ACC: 0001592386-25-000029
-10.07K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
6
Total transactions
19.72K acquired · 29.79K disposed
Non-Derivative Transactions4
Class A common stock
Direct
Shares
+8.13K
Price / share
—
Trade value
—
% of position
3.9%
2/3/2025
208.68K→216.81K
Class A common stock
Direct
Shares
−4.15K
Price / share
—
Trade value
—
% of position
1.9%
2/3/2025
216.81K→212.66K
Class A common stock
Direct
Shares
+11.59K
Price / share
—
Trade value
—
% of position
5.4%
2/3/2025
212.66K→224.25K
Class A common stock
Direct
Shares
−5.92K
Price / share
—
Trade value
—
% of position
2.6%
2/3/2025
224.25K→218.33K
Total
Net shares
+9.65K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 2/3/2025 | M · Option Exercise | +8.13K | — | — | 3.9% | 208.68K | 216.81K |
| Class A common stock Direct | 2/3/2025 | F · Tax Withholding | −4.15K | — | — | 1.9% | 216.81K | 212.66K |
| Class A common stock Direct | 2/3/2025 | M · Option Exercise | +11.59K | — | — | 5.4% | 212.66K | 224.25K |
| Class A common stock Direct | 2/3/2025 | F · Tax Withholding | −5.92K | — | — | 2.6% | 224.25K | 218.33K |
| Total | +9.65K | $0.00 | ||||||
Derivative Transactions2
Restricted Stock Unit
Direct
Converts to
Class A common stock
8.13K shares
Shares
−8.13K
Strike price
Held after
81.29K
Exercisable
—
2/3/2025
Restricted Stock Unit
Direct
Converts to
Class A common stock
11.59K shares
Shares
−11.59K
Strike price
Held after
69.71K
Exercisable
—
2/3/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Class A common stock8.13K shares | 2/3/2025 | M · Option Exercise | −8.13K | — | 81.29K | |
| Restricted Stock Unit Direct | Class A common stock11.59K shares | 2/3/2025 | M · Option Exercise | −11.59K | — | 69.71K |