TJMT HOLDINGS LLC exercised options at VIRTU FINANCIAL, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Class A common stock
Shares
+693.75K
Price / share
$19.00
Trade value
$13.18M
% of position
Net shares
+693.75K
Net value
$13.18M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 4/11/2025 | M · Option Exercise | +693.75K | $19.00 | $13.18M | New position | 0.00 | 693.75K |
| Total | +693.75K | $13.18M | ||||||
Non-Qualified Stock Option
Class A common stock
693.75K shares
Shares
−693.75K
Strike price
19.00
Held after
N/A
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option Direct | Class A common stock693.75K shares | 4/11/2025 | M · Option Exercise | −693.75K | 19.00 | — | N/A |
Class A common stock
IndirectClass D common stock
IndirectClass C common stock
Indirect| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A common stock | 3M | Indirect |
| Class D common stock | 60.09M | Indirect |
| Class C common stock | 216.68K | Indirect |
| Total | 63.31M | 63.31M indirect |
Non-voting common interest units of Virtu Financial LLC
IndirectUnderlying shares
216.68K
Shares owned
216.68K
Exercise price
Expiration
—
Exercise window
—
Non-voting common interest units of Virtu Financial LLC
IndirectUnderlying shares
60.09M
Shares owned
60.09M
Exercise price
Expiration
—
Exercise window
—
Underlying
60.31M
Owned
60.31M
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Non-voting common interest units of Virtu Financial LLC Indirect | Class A common stock | — | — | 216.68K | 216.68K | |
| Non-voting common interest units of Virtu Financial LLC Indirect | Class A common stock and Class B common stock | — | — | 60.09M | 60.09M | |
| Total | 60.31M | 60.31M | ||||