Director Glenn Hutchins resigns; company updates share repurchase progress

Virtu Financial, Inc.

Glenn Hutchins resigned from Board effective Aug 17, 2021 after Ordinal Holdings repurchase triggered reduced nomination rights.
Board now has 11 directors; Robert Greifeld remains Chairman.
As of Aug 13, 2021, repurchased 11,064,638 shares for $302.6M of $470M authorization at avg $27.35.
In Q3 2021 through Aug 13, repurchased 3,992,900 shares for $104.0M at avg $26.05.

item 5.02 item 8.01

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Departed

Glenn Hutchins

Director

VIRT · Virtu Financial, Inc.

Effective: 2021-08-17
Filed: August 17, 2021, 7:59 PM ET

On August 17, 2021, Glenn Hutchins resigned from the Board of Directors (the “Board”) of Virtu Financial, Inc. (the “Company”), and the Board’s Strategy Committee and Risk Committee, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Glenn Hutchins resigned as Director at Virtu Financial, Inc..

Action: resigned
Role: Director

Exact text from the filing

On August 17, 2021, Glenn Hutchins resigned from the Board of Directors (the “Board”) of Virtu Financial, Inc. (the “Company”), and the Board’s Strategy Committee and Risk Committee, effective immediately.

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Virtu Financial, Inc. filing history →

Source: SEC EDGAR

accession 0000950142-21-002647

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