10-Q – 2026-07-30 – tw-20260630.htm

Troy Dixon
Managing Director, Co-Head of Global Markets
Adoption May 15, 2026 Sale of up to 3,130 shares of Class A common stock.
January 16, 2027
Douglas Friedman
Chief Legal Officer
Adoption
May 15, 2026 Sale of an amount equal to up to (A) (i) 5,971 shares of Class A common stock to be issued upon the vesting on January 1, 2027 of previously awarded performance-based restricted stock units, plus (ii) the number of shares issued upon vesting on January 1, 2027 in settlement of dividend equivalent rights in respect of the 5,971 shares subject to the performance-based restricted stock units that accrued during the award’s vesting period of January 1, 2024 – January 1, 2027, pursuant to the terms of the award agreement and to be determined on the vesting date, less (iii) the number of shares withheld for taxes, to be determined on the vesting date; plus (B) (i) 1,990 shares of Class A common stock to be issued upon the vesting on March 15, 2027 of previously awarded restricted stock units, plus (ii) the number of shares issued upon vesting on March 15, 2027 in settlement of dividend equivalent rights in respect of the 1,990 shares subject to the restricted stock units that accrued during the award’s vesting period of March 15, 2024 – March 15, 2027, pursuant to the terms of the award agreement and to be determined on the vesting date, less (iii) the number of shares withheld for taxes, to be determined on the vesting date; plus (C) (i) 2,170 shares of Class A common stock to be issued upon the vesting on March 15, 2027 of previously awarded restricted stock units, plus (ii) the number of shares issued upon vesting on March 15, 2027 in settlement of dividend equivalent rights in respect of the 2,170 shares subject to the restricted stock units that accrued during the award’s vesting period of March 15, 2026 – March 15, 2027, pursuant to the terms of the award agreement and to be determined on the vesting date, less (iii) the number of shares withheld for taxes, to be determined on the vesting date; plus (D) (i) 1,211 shares of Class A common stock to be issued upon vesting on March 17, 2027 of previously awarded restricted stock units, plus (ii) the number of shares issued upon vesting on March 17, 2027 in settlement of dividend equivalent rights in respect of the 1,211 shares subject to the restricted stock units that accrued during the award’s vesting period of March 17, 2025 – March 17, 2027, pursuant to the terms of the award agreement and to be determined on the vesting date, less (iii) the number of shares withheld for taxes, to be determined on the vesting date.
April 15, 2027

(1) In each case, the Rule 10b5-1 trading arrangement may also expire on such earlier date as all such transactions under the trading arrangement are completed or at such time as such trading arrangement is otherwise terminated in accordance with its terms.

During the three months ended June 30, 2026, none of our directors or executive officers adopted, modified or terminated a non-Rule 10b5-1 trading arrangement (as defined in Item 408 of Regulation S-K).
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ITEM 6. EXHIBITS

Exhibit Number Description of Exhibit

3.1 Restated Certificate of Incorporation of Tradeweb Markets Inc. (incorporated by reference to Exhibit 3.2 to the Company’s Current Report on Form 8-K filed on May 20 , 2026 (File No. 001-38860 )).

3.2 Amended and Restated Bylaws of Tradeweb Markets Inc., effective April 29, 2026 (incorporated by reference to Exhibit 3.2 to the Company ’ s Form 10-Q filed on April 29, 2026 (File No. 001-38860 )).

31.1* Certification of Chief Executive Officer pursuant to Rule 13a‑14(a) or 15d‑14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2* Certification of Chief Financial Officer pursuant to Rule 13a‑14(a) or 15d‑14(a) of the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1** Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2** Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101.INS* XBRL Instance Document.

101.SCH* Inline XBRL Taxonomy Extension Schema Document.

101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document.

101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document.

101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document.

101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document.

104 Cover page formatted as Inline XBRL and contained in Exhibit 101.

 * Filed herewith.

 **
Furnished herewith.

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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

TRADEWEB MARKETS INC.

July 30, 2026 /s/ William Hult
By: William Hult
Chief Executive Officer (Principal Executive Officer)

July 30, 2026 /s/ Sara Furber

By: Sara Furber
Chief Financial Officer (Principal Financial Officer)

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