{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-21-002647","form_type":"8-K","ticker":"VIRT","cik":"0001592386","company_name":"Virtu Financial, Inc.","filed_at":"2021-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.721425+00:00","generated_at":"2026-06-29T09:34:08.330449+00:00","sec_items":["5.02","8.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Director Glenn Hutchins resigns; company updates share repurchase progress","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-21-002647","json":"https://secwatch.observer/filing/0000950142-21-002647.json","markdown":"https://secwatch.observer/filing/0000950142-21-002647.md","text":"https://secwatch.observer/filing/0000950142-21-002647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1592386/000095014221002647/0000950142-21-002647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1592386/000095014221002647/eh210177721_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T09:34:08.330449+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d1634b890","claim":"Glenn Hutchins resigned as Director at Virtu Financial, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1592386/000095014221002647/0000950142-21-002647-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}