Tradeweb Markets Inc.

TW

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001771194-26-000003
Filing date: Mar 5, 2026
Earliest execution date: Mar 3, 2026
Reporting Owners: Hult William (CEO)

Summary

Type

Sell

Net shares

-72,450

% of shares

-36.37%

Amount (USD)

$9,101,161

Insider confidence score

8.1 out of 100

Positive

  • Under Rule 10b5-1 trading plan

Negative

  • Extreme scheduled sell (≥25% of shares)
  • Huge sell amount ($5M+)

Stock transactions

Transaction 1

Security

Class A common stock

Action

Exercise

Date

2026-03-03

Code

M

Net shares

+72,450.0

Price per Share

$20.59

Amount (USD)

$1,491,745.50

Acquired/Disposed

Acquired

Shares Owned Before

126,738.0

Shares Owned After

199,188.0

Transaction 2

Security

Class A common stock

Action

Sell

Date

2026-03-03

Code

S

Net shares

-72,450.0

Price per Share

$125.62

Amount (USD)

$9,101,161.76

Acquired/Disposed

Disposed

Shares Owned Before

199,188.0

Shares Owned After

126,738.0

Derivative Transactions

Transaction 1

Security

Stock Option (Right to Buy)

Action

Exercise

Date

2026-03-03

Code

M

Net shares

-72,450.0

Acquired/Disposed

Disposed

Shares Owned Before

72,450.0

Shares Owned After

0.0

Filing's footnotes

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 3, 2025.

2. This amount includes (i) 14,376 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") which are scheduled to vest on March 15, 2026, (ii) 23,356 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2026 and March 15, 2027, and (iii) 30,682 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 17, 2026, March 17, 2027 and March 17, 2028, in each case, subject to the reporting person's continued employment through the applicable vesting date.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.00 to $126.54, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote

4. This option is fully vested and exercisable as of the date hereof.

ℹ️ Filed under Rule 10b5-1 trading plan

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.