secwatch.observer — SEC 8-K summary
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Issuer:     Virtu Financial, Inc. (VIRT)
CIK:        0001592386
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001104659-24-054083
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1592386/000110465924054083/0001104659-24-054083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1592386/000110465924054083/tm2412841d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-054083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer