Form 4: Tradeweb Markets Inc. Chief Risk Officer Scott Zucker Sells Shares
SEC Form 4
Scott Zucker, Chief Risk Officer of Tradeweb Markets Inc., sold 2,314 shares of Class A common stock at a weighted average price of $141.4791 on March 19, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 19, 2025, Scott Zucker, the Chief Risk Officer of Tradeweb Markets Inc., sold 2,314 shares of Class A common stock.
- The sale was executed at a weighted average price of $141.4791 per share.
- The prices for individual transactions ranged from $139.77 to $142.33.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on August 15, 2024.
- Following the transaction, Zucker directly owns 21,033 shares, including unvested restricted stock units (RSUs) scheduled to vest on various dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider stock sale. It doesn't inherently convey positive or negative sentiment, as it's a factual report of a transaction.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 03/19/2025 | Date of the transaction (sale of shares) |
| 03/15/2026 | Vesting date for 1,941 unvested restricted stock units |
| 01/01/2026 | Vesting date for 10,555 unvested restricted stock units |
| 03/15/2026 | First vesting date for 2,579 unvested restricted stock units |
| 03/15/2027 | Second vesting date for 2,579 unvested restricted stock units |
| 03/17/2026 | First vesting date for 2,708 unvested restricted stock units |
| 03/17/2027 | Second vesting date for 2,708 unvested restricted stock units |
| 03/17/2028 | Third vesting date for 2,708 unvested restricted stock units |
| 03/21/2025 | Date of the report |
Keywords
Form 4, Tradeweb Markets Inc., Scott Zucker, Chief Risk Officer, Class A Common Stock, Rule 10b5-1 trading plan, insider trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.