Form 4: Tradeweb CFO Sara Furber Sells Shares Under 10b5-1 Trading Plan

Sara Furber, CFO of Tradeweb Markets Inc., sold 9,826 shares of Class A common stock at a weighted average price of $132.3854 on January 6, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On January 6, 2025, Sara Furber, the Chief Financial Officer of Tradeweb Markets Inc., sold 9,826 shares of Class A common stock.
• The sale was executed at a weighted average price of $132.3854 per share, with individual transactions ranging from $131.34 to $133.21.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on September 13, 2024.
• Following the reported transaction, Furber still beneficially owns 65,683 shares, including unvested restricted stock units (RSUs) scheduled to vest on various dates.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an insider share sale under a pre-arranged trading plan, suggesting a neutral sentiment.

Industry Context

Sales by corporate insiders are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates