Virtu Financial amends CFO employment agreement with enhanced change-in-control protections

Filed June 9, 2026 · Period ending June 9, 2026 · ~1 min read

Key Changes

• high

  CFO Cindy Lee's severance jumps to 2.5x salary plus bonus if terminated within 12 months of a change in control, creating significant potential obligations in M&A scenarios.

  Item 5.02 verify on EDGAR →
• medium

  Lee receives 20,000 restricted shares vesting over three years, with accelerated vesting provisions if terminated without cause or for good reason.

  Item 5.02 verify on EDGAR →
• medium

  New agreement runs through June 2029 with automatic renewals, establishing $500K base salary and discretionary bonus eligibility for the CFO role.

  Item 5.02 verify on EDGAR →