Form 4: Tradeweb Markets Inc. Executive Justin Peterson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Justin Peterson, Chief Technology Officer of Tradeweb Markets Inc., reports changes in beneficial ownership of Class A common stock due to tax withholding and dividend equivalent rights settlement.
Summary
- On January 1, 2025, Justin Peterson, the Chief Technology Officer of Tradeweb Markets Inc., had changes in his beneficial ownership of the company's Class A common stock.
- 5,795 shares were withheld by the issuer to cover tax obligations related to the settlement of restricted stock units (RSUs) at a price of $131.33 per share.
- He also acquired 45 shares due to the settlement of dividend equivalent rights (DERs) related to previously awarded RSUs.
- Following these transactions, Peterson directly owns 51,559 shares of Class A common stock, which includes unvested RSUs scheduled to vest on various dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reflecting routine transactions related to executive compensation; it doesn't inherently convey positive or negative sentiment.
Future Outlook
The reporting person's future ownership is subject to continued employment and the vesting schedules of the RSUs.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of the reported transactions (tax withholding and DER settlement). |
| 01/03/2025 | Date of signature on the Form 4 filing. |
| 03/15/2025 | Vesting date for some of the unvested RSUs. |
| 03/15/2026 | Vesting date for some of the unvested RSUs. |
| 01/01/2026 | Vesting date for some of the unvested RSUs. |
| 03/15/2027 | Vesting date for some of the unvested RSUs. |
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.