Form 4: Tradeweb Markets Inc. Executive Scott Zucker Reports Changes in Beneficial Ownership
SEC Form 4
Scott Zucker, Chief Risk 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, Scott Zucker, Chief Risk Officer of Tradeweb Markets Inc., reported changes in his beneficial ownership of the company's Class A common stock.
- 2,161 shares were withheld by the issuer to cover tax obligations related to the settlement of restricted stock units (RSUs).
- He also acquired 30 shares of Class A common stock through the settlement of dividend equivalent rights (DERs) associated with previously awarded RSUs.
- Following these transactions, Zucker's direct ownership includes 26,702 shares, which includes unvested RSUs scheduled to vest on various dates in 2025, 2026, and 2027, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral 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 ownership.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: shares withheld for tax obligations and shares acquired through dividend equivalent rights settlement. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
| 03/15/2025 | Vesting date for 1,493 unvested RSUs. |
| 03/15/2025 | Vesting date for 3,881 unvested RSUs. |
| 03/15/2026 | Vesting date for 3,881 unvested RSUs. |
| 01/01/2026 | Vesting date for 10,555 unvested RSUs. |
| 03/15/2027 | Vesting date for 3,869 unvested RSUs. |
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