Virtu Financial enters new employment agreement with CEO Aaron Simons; base salary doubles to $1.2M

Virtu Financial, Inc.

New employment agreement effective Sep 30, 2025; term through Aug 1, 2030, with automatic renewals.
Base salary increased from $600K to $1.2M; annual bonus target raised to $3M (max 200% of target).
Sign-on bonus of $7.5M with three-year monthly vesting; repayable on voluntary resignation or termination for cause.
Annual equity grant of 150,000 restricted shares/RSUs tied to EBITDA performance (100% shares earned at 65% achievement).
Severance benefits include base salary for remainder of term, health benefits, and equity acceleration in qualifying terminations.

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