Dixon Troy 4

4 · Tradeweb Markets Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Tradeweb (TW) MD Dixon Troy Receives RSU Award; Shares Withheld

What Happened

Dixon Troy, MD and Co‑Head of Global Markets at Tradeweb Markets (TW), received equity awards on March 15, 2026: 10,850 restricted stock units (RSUs) were granted and 25 shares were acquired on settlement of dividend equivalent rights (DERs). No cash was paid for the RSU grant (reported at $0.00).
On the same date, 5,364 shares were withheld by the issuer to satisfy tax withholding obligations related to RSU settlement; those withheld shares are reported at $124.42 each, totaling $667,389. These transactions are compensation-related awards and tax withholding, not open‑market purchases or voluntary sales.

Key Details

Transaction date: 2026-03-15 (reported 2026-03-17; timely filing)
Grant: 10,850 RSUs (code A) — reported at $0.00 (award)
DER settlement: 25 shares acquired (code A)
Tax withholding: 5,364 shares withheld (code F) at $124.42 per share = $667,389
Shares owned after transaction: filing footnotes indicate remaining unvested RSUs include 21,013 RSUs (vesting in equal installments on Mar 15, 2027 and Mar 15, 2028) and 10,850 RSUs (vesting in equal installments on Mar 15, 2027, 2028 and 2029); the filing also reports the 25 DER shares and the 5,364 shares withheld for taxes.
Footnotes: F1 explains the RSU vesting schedule (annual installments over 3 years for the 10,850 RSUs); F2 details the breakdown of unvested RSUs; F3 confirms shares were withheld to satisfy tax obligations; F4 explains the 25 shares came from settled dividend equivalent rights.
Filing timeliness: Reported within two business days of the transaction date (not late).

Context

These entries reflect compensation-related equity awards and routine tax withholding (F = tax withholding/cashless settlement), not insider purchases or open-market sales. RSUs vest over future anniversaries (so these shares are generally subject to forfeiture if employment ends before vesting). The withholding of shares to cover taxes is common in RSU settlements and does not signal an active decision to sell remaining shares.

Form 4

Period: 2026-03-15

MD, Co-Head of Global Markets

Transactions

Award
Class A common stock
[F1][F2]
2026-03-15+10,850→ 42,916 total
Tax Payment
Class A common stock
[F3][F2]
2026-03-15$124.42/sh−5,364$667,389→ 37,552 total
Award
Class A common stock
[F4][F2]
2026-03-15+25→ 37,577 total

Footnotes (4)

[F1]The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2026.
[F2]This amount includes (i) 21,013 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installment on March 15, 2027 and March 15, 2028 and (ii) 10,850 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2027, March 15, 2028 and March 15, 2029, in each case, subject to the reporting person's continued employment through the applicable vesting date.
[F3]Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of RSUs in respect of the Class A Common Stock held by the reporting person.
[F4]Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.

Signature

/s/ Douglas Friedman, Attorney-in-Fact for Troy Dixon|2026-03-17

1 file