VIRT Virtu Financial, Inc.
Price Chart
Executive Summary
Virtu Financial filed an 8-K to disclose an amended employment agreement with CFO Cindy Lee, effective June 8, 2026. The agreement sets a $500,000 base salary, a discretionary bonus, a special long-term equity award of 20,000 RSUs vesting over three years, and enhanced severance benefits tied to a change in control. This is a routine compensatory arrangement with no material financial impact.
Actionable Insight
Routine CFO compensation update — no immediate trading signal. Monitor next 10-Q for the full employment agreement exhibit and any changes to equity grant patterns.
Key Facts
- CFO Cindy Lee entered into an amended and restated employment agreement on June 8, 2026.
- Annual base salary set at $500,000 with eligibility for a discretionary annual bonus.
- Special long-term equity award of 20,000 restricted shares/RSUs, vesting in three equal annual installments.
- Initial term expires June 30, 2029, with automatic one-year renewals unless 90-day non-renewal notice given.
- Severance on qualifying termination: greater of 1x base salary or base salary through end of term, plus health benefits for 12+ months and equity acceleration.
- Change-in-control severance: 2.5x (base salary + most recent annual bonus), plus health benefits for 24+ months.
- Existing 12-month post-employment non-compete and non-solicit covenants remain in effect.
Financial Impact
No material financial impact disclosed; base salary of $500,000 and 20,000 RSUs are routine executive compensation.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-071832 |
| Document: 0001104659-26-071832-index-headers.html | 0001104659-26-071832 |
| Document: 0001104659-26-071832-index.html | 0001104659-26-071832 |
| Document: 0001104659-26-071832.txt | 0001104659-26-071832 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
8-K
| $54.61 awaiting T+20 | awaiting T+20 | — | $57.62 (+5.51%) |
|
May 5, 2026
5w ago
|
Insider Cluster
| $50.38 $49.51 | ▼ −1.72% | ▼ −6.68% | $57.62 (+14.38%) |
|
Apr 29, 2026
6w ago
|
8-K
| $50.73 $48.57 | ▼ −4.26% | ▼ −10.31% | $57.62 (+13.59%) |
|
Apr 7, 2026
9w ago
|
Press Release
| $47.45 $49.55 | ▲ +4.43% | ▼ −5.35% | $57.62 (+21.44%) |
US Market Status
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