Form 4: Tradeweb CFO Sara Furber Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Sara Furber, CFO of Tradeweb Markets Inc., sold 7,139 shares of Class A common stock at a weighted average price of $142.8271 on March 20, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On March 20, 2025, Sara Furber, the Chief Financial Officer of Tradeweb Markets Inc., sold 7,139 shares of Class A common stock.
- The sale was executed at a weighted average price of $142.8271 per share.
- The transactions occurred under a Rule 10b5-1 trading plan adopted on September 13, 2024.
- Following the reported transaction, Furber beneficially owns 61,020 shares, including unvested restricted stock units (RSUs) that will vest at various dates in the future.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to utilize 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| 2024-09-13 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-03-20 | Date of transaction (sale of shares) |
| 2025-03-21 | Date of Form 4 filing |
| 2025-03-31 | Vesting date for 3,619 unvested RSUs |
| 2026-01-01 | Vesting date for 33,881 unvested RSUs |
| 2026-03-15 | Vesting date for 6,229 unvested RSUs and first installment of 7,431 unvested RSUs |
| 2026-03-17 | Vesting date for first installment of 9,860 unvested RSUs |
| 2027-03-15 | Vesting date for second installment of 7,431 unvested RSUs |
| 2027-03-17 | Vesting date for second installment of 9,860 unvested RSUs |
| 2028-03-17 | Vesting date for third installment of 9,860 unvested RSUs |
Keywords
Form 4, Tradeweb Markets Inc., Sara Furber, Chief Financial Officer, Class A Common Stock, Rule 10b5-1 trading plan, SEC filing, Insider trading
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