Insider Activity Highlights Virtu’s Executive Confidence

On Feb 3 2026, Co‑President and Co‑COO Brett Fairclough executed a buy of 11,588 shares of Virtu’s Class A stock, acquiring a new holding of 63,403 shares. The purchase, made at the prevailing market price of $38.21, coincides with a modest uptick in the share price (0.01 %) and a surge in social‑media buzz (749 % relative to average). While the transaction size is modest relative to Virtu’s market cap of $5.86 billion, it signals steady confidence from a senior executive in the firm’s short‑term outlook. The buy occurs amid a broader pattern of RSU settlements and tax‑withheld trades, reflecting the company’s structured incentive plan and the executives’ commitment to long‑term value creation.

What the Pattern Means for Investors

Fairclough’s recent activity is consistent with a broader insider‑holding trend. In the past month, Virtu’s top executives—Cavoli (EVP), Simons (CEO), and Molluso (Co‑President/COO)—have all completed a series of purchases and sales totaling more than 1 million shares combined. These moves illustrate a “buy‑and‑hold” strategy: executives are frequently adding to their positions during RSU vesting periods while selectively liquidating portions to manage cash needs. For investors, such behavior often translates into a signal of alignment between management and shareholder interests. The absence of large divestitures or “dump” sales suggests that the executives are not hedging against imminent downside, reinforcing a bullish stance on Virtu’s capital‑market positioning and technology moat.

Fairclough’s Insider Profile

Brett Fairclough has been an active participant in Virtu’s equity program since the first RSU grant in August 2025. His trade history shows a pattern of buying during vesting events—most notably the 90,701 shares sold in August 2025 and the 11,588 shares added in February 2026—followed by periodic tax‑withheld sales that maintain liquidity. Over the past year, Fairclough has accumulated roughly 100,000 shares, a holding that represents about 1.7 % of the company’s outstanding shares. His consistent participation in RSU settlements and the occasional “sell‑to‑cover” trades suggest a long‑term horizon rather than short‑term speculation. Furthermore, Fairclough’s holdings in non‑voting common interest units remain stable, indicating that his focus is on Class A voting shares, the primary vehicle for influencing corporate strategy.

Implications for Virtu’s Strategic Direction

Virtu’s capital‑market operations rely heavily on advanced algorithms and liquidity provision. The steady insider buying, coupled with the company’s robust market‑making revenue streams and a P/E of 7.46, positions Virtu to weather the current modest share‑price volatility (a 6.03 % weekly decline but a 15.19 % monthly gain). Executive confidence, reflected in these transactions, aligns with Virtu’s ongoing investments in data analytics and cross‑venue connectivity—areas that are likely to sustain competitive advantage. For shareholders, the insider activity suggests that management remains optimistic about Virtu’s long‑term earnings trajectory and its ability to capture market share in an increasingly algorithmic trading environment.

Bottom Line

The February 3 buy by Brett Fairclough is more than a routine RSU settlement; it is a microcosm of Virtu’s executive sentiment. With insiders consistently adding to their positions, the market may interpret this as a vote of confidence in Virtu’s strategic initiatives and financial health. Investors should view the transaction as a positive indicator, while remaining mindful of broader market dynamics and the company’s exposure to regulatory and technological risk.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-03Fairclough Brett (Co-President & Co-COO)Buy11,588.000.00Class A common stock
2026-02-03Fairclough Brett (Co-President & Co-COO)Sell4,602.000.00Class A common stock
2026-02-04Fairclough Brett (Co-President & Co-COO)Buy7,531.000.00Class A common stock
2026-02-04Fairclough Brett (Co-President & Co-COO)Sell2,974.000.00Class A common stock
2026-02-04Fairclough Brett (Co-President & Co-COO)Buy15,062.000.00Class A common stock
2026-02-04Fairclough Brett (Co-President & Co-COO)Sell5,947.000.00Class A common stock
2026-02-03Fairclough Brett (Co-President & Co-COO)Sell11,588.00N/ARestricted Stock Unit
2026-02-04Fairclough Brett (Co-President & Co-COO)Sell7,531.00N/ARestricted Stock Unit
2026-02-04Fairclough Brett (Co-President & Co-COO)Buy22,593.00N/ARestricted Stock Unit
N/AFairclough Brett (Co-President & Co-COO)Holding10,930.00N/ANon-voting common interest units of Virtu Financial LLC
2026-02-03Cavoli Stephen (EVP)Buy11,588.000.00Class A common stock
2026-02-03Cavoli Stephen (EVP)Sell5,916.000.00Class A common stock
2026-02-04Cavoli Stephen (EVP)Buy7,531.000.00Class A common stock
2026-02-04Cavoli Stephen (EVP)Sell3,845.000.00Class A common stock
2026-02-04Cavoli Stephen (EVP)Buy15,062.000.00Class A common stock
2026-02-04Cavoli Stephen (EVP)Sell7,690.000.00Class A common stock
2026-02-03Cavoli Stephen (EVP)Sell11,588.00N/ARestricted Stock Unit
2026-02-04Cavoli Stephen (EVP)Sell7,531.00N/ARestricted Stock Unit
2026-02-04Cavoli Stephen (EVP)Buy22,593.00N/ARestricted Stock Unit
2026-02-03Simons Aaron Wyatt (Chief Executive Officer)Buy11,588.000.00Class A common stock
2026-02-03Simons Aaron Wyatt (Chief Executive Officer)Sell4,636.000.00Class A common stock
2026-02-04Simons Aaron Wyatt (Chief Executive Officer)Buy7,531.000.00Class A common stock
2026-02-04Simons Aaron Wyatt (Chief Executive Officer)Sell2,983.000.00Class A common stock
2026-02-04Simons Aaron Wyatt (Chief Executive Officer)Buy21,394.000.00Class A common stock
2026-02-04Simons Aaron Wyatt (Chief Executive Officer)Sell8,473.000.00Class A common stock
2026-02-03Simons Aaron Wyatt (Chief Executive Officer)Sell11,588.00N/ARestricted Stock Unit
2026-02-04Simons Aaron Wyatt (Chief Executive Officer)Sell7,531.00N/ARestricted Stock Unit
2026-02-04Simons Aaron Wyatt (Chief Executive Officer)Buy32,089.00N/ARestricted Stock Unit
2026-02-03Molluso Joseph (Co-President & Co-COO)Buy11,588.000.00Class A common stock
2026-02-03Molluso Joseph (Co-President & Co-COO)Sell6,409.000.00Class A common stock
2026-02-04Molluso Joseph (Co-President & Co-COO)Buy15,062.000.00Class A common stock
2026-02-04Molluso Joseph (Co-President & Co-COO)Sell8,330.000.00Class A common stock
2026-02-03Molluso Joseph (Co-President & Co-COO)Sell11,588.00N/ARestricted Stock Unit
2026-02-04Molluso Joseph (Co-President & Co-COO)Sell7,531.00N/ARestricted Stock Unit
2026-02-04Molluso Joseph (Co-President & Co-COO)Buy7,531.00N/ADeferred Stock Unit
2026-02-04Molluso Joseph (Co-President & Co-COO)Buy22,593.00N/ARestricted Stock Unit