secwatch.observer — SEC 8-K summary
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Issuer:     Virtu Financial, Inc. (VIRT)
CIK:        0001592386
Form:       8-K
Filed at:   2026-06-09T20:06:31+00:00
Accession:  0001104659-26-071832
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Virtu Financial amends CFO Cindy Lee's employment agreement with $500K salary and equity award
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- Annual base salary set at $500,000; eligible for discretionary annual bonus.
- Special long-term equity award of 20,000 restricted shares or RSUs, vesting in three equal annual installments.
- Initial term through June 30, 2029, with automatic one-year renewals unless notice of non-renewal.
- Severance equal to greater of one times base salary or remaining salary through term; on change-in-control, 2.5x base plus most recent bonus.
- Restrictive covenants include confidentiality, non-disparagement, and 12-month non-compete and non-solicit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1592386/000110465926071832/0001104659-26-071832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1592386/000110465926071832/tm2617179d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-071832

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