---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-054083"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:34:06.500518+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Virtu Financial names Cindy Lee CFO effective Aug 1; Sean Galvin moves to senior role

## Summary
- Cindy Lee, current Deputy CFO, promoted to CFO; succeeds Sean Galvin who remains in a senior role.
- Lee's base salary $400K; guaranteed minimum annual bonus of $700K for 2024.
- Sign-on award of 35,000 RSUs vesting in three equal annual installments.
- Lee has 13 years at Virtu including Controller and Deputy CFO roles.

## SEC filing metadata
- accession: 0001104659-24-054083
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000110465924054083/0001104659-24-054083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000110465924054083/tm2412841d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-054083
- JSON: https://secwatch.observer/filing/0001104659-24-054083.json
- Plain text: https://secwatch.observer/filing/0001104659-24-054083.txt

## Key facts
- Executive change
  Cindy Lee was appointed as Chief Financial Officer at Virtu Financial, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: current Deputy Chief Financial Officer Cindy Lee will succeed Sean Galvin as Chief Financial Officer effective August 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592386/000110465924054083/0001104659-24-054083-index.htm
- Executive change
  Sean Galvin changed role as Chief Financial Officer at Virtu Financial, Inc..
  - Action: transitioned
  - Role: Chief Financial Officer
  source text: Mr. Galvin will remain with the Company in a senior role after the planned transition as of August 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592386/000110465924054083/0001104659-24-054083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.