Form 4: Tradeweb Markets Inc. Director Steven Berns Reports Sale of Class A Common Stock
SEC Form 4 Filing
Director Steven Berns of Tradeweb Markets Inc. reports the sale of 450 shares of Class A common stock at a price of $141.3 per share.
Summary
- On May 14, 2025, Steven Berns, a director of Tradeweb Markets Inc., sold 450 shares of Class A common stock.
- The sale price was $141.3 per share.
- Following the transaction, Berns directly owns 2,393 shares of Class A common stock.
- The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 7, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction under a pre-existing trading plan.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect a broader trend in the financial technology industry.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the effect is likely minimal due to the pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 05/14/2025 | Date of transaction: sale of Class A common stock |
| 05/16/2025 | Date of report |
Keywords
Form 4, Tradeweb Markets Inc., Steven Berns, Class A Common Stock, Sale, Director, Rule 10b5-1
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