---
schema_version: "secwatch.filing_event.v1"
accession: "0001592386-25-000141"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2025-10-02T23:59:59+00:00"
generated_at: "2026-05-17T04:55:55.542436+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001592386-25-000141
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2025-10-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000159238625000141/0001592386-25-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000159238625000141/virt-20250930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001592386-25-000141
- JSON: https://secwatch.observer/filing/0001592386-25-000141.json
- Plain text: https://secwatch.observer/filing/0001592386-25-000141.txt

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