Tradeweb Markets Inc. (TW) Insider Trading

Last 12 months

Insiders sold $44.6M and bought nothing on the open market.

95% of the selling was scheduled in advance under 10b5-1 plans. MD, Co-Head of Global Markets Enrico Bruni sold $2.07M on Feb 20, 15% of their stake, outside a plan. The last open-market buy by an executive or director was in Apr 2019.

Net open-market

−$44.6M

0 buys · 17 sales

Under a 10b5-1 plan

95%

of the value sold

Insiders who bought / sold

0 / 8

executives and directors

Last open-market buy

Apr 2019

Apr 8, 2019

Get an email when TW's executives or directors buy, or make a large sale outside a plan.

Trades · last 2 years

Date	Insider	Trade	Shares	Price	Value	Of their stake	Filing
Aug 14 – 17	Troy Dixon MD, Co-Head of Global Markets	Sold10b5-1 plan 2 parts	3,130	$106.00 average	$332k	8.9%	Form 4
Jun 1	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	21,221	$102.00	$2.16M	58%	Form 4
May 26	Steven Berns Director	Sold10b5-1 plan	425	$105.26	$45k	8.0%	Form 4
Apr 15	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	21,221	$120.66	$2.56M	37%	Form 4
Mar 20 – 23	Douglas Friedman Chief Legal Officer	Sold10b5-1 plan 2 parts	2,811	$125.07 average	$352k	17%	Form 4
Mar 20 – 23	Sara Furber Chief Financial Officer	Sold10b5-1 plan 2 parts	6,525	$125.06 average	$816k	23%	Form 4
Mar 20	Troy Dixon MD, Co-Head of Global Markets	Sold10b5-1 plan	2,584	$125.75	$325k	6.9%	Form 4
Mar 20	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	1,005	$125.13	$126k	1.7%	Form 4
Mar 20	Amy Clack Chief Administrative Officer	Sold10b5-1 plan	271	$125.75	$34k	1.2%	Form 4
Mar 18	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	3,212	$124.76	$401k	5.2%	Form 4
Mar 3	William Hult Chief Executive Officer	Sold10b5-1 plan	72,450	$125.62	$9.1M	36%	Form 4
Feb 20	Enrico Bruni MD, Co-Head of Global Markets	SoldNo plan	17,380	$119.27	$2.07M	15%	Form 4
Feb 10	William Hult Chief Executive Officer	Sold10b5-1 plan 2 parts	121,218	$115.45 average	$14M	49%	Form 4
Feb 10	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	11,254	$115.47	$1.3M	16%	Form 4
Feb 10	Douglas Friedman Chief Legal Officer	Sold10b5-1 plan 2 parts	30,549	$115.46 average	$3.53M	70%	Form 4
Feb 10	Sara Furber Chief Financial Officer	Sold10b5-1 plan	63,128	$115.10	$7.27M	73%	Form 4
Feb 10	Amy Clack CAO and CRO	Sold10b5-1 plan 2 parts	1,677	$114.68 average	$192k	9.2%	Form 4
May 14, 2025	Steven Berns Director	Sold10b5-1 plan	450	$141.30	$64k	16%	Form 4
Apr 7, 2025	Sara Furber Chief Financial Officer	Sold10b5-1 plan	1,786	$127.60	$228k	3.0%	Form 4
Mar 20, 2025	Sara Furber Chief Financial Officer	Sold10b5-1 plan	7,139	$142.83	$1.02M	10%	Form 4
Mar 19, 2025 – Mar 20, 2025	Enrico Bruni MD, Co-Head of Global Markets	Sold10b5-1 plan 3 parts	6,293	$141.83 average	$893k	6.8%	Form 4
Mar 19, 2025	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	4,635	$141.50	$656k	10%	Form 4
Mar 19, 2025	Scott Zucker Chief Risk Officer	Sold10b5-1 plan	2,314	$141.48	$327k	9.9%	Form 4
Mar 19, 2025	Douglas Friedman General Counsel and Secretary	Sold10b5-1 plan	3,061	$141.59	$433k	10%	Form 4
Jan 6, 2025	Scott Zucker Chief Risk Officer	Sold10b5-1 plan	3,654	$132.38	$484k	14%	Form 4
Jan 6, 2025	Sara Furber Chief Financial Officer	Sold10b5-1 plan	9,826	$132.39	$1.3M	13%	Form 4
Jan 6, 2025	William Hult Chief Executive Officer	Sold10b5-1 plan	15,163	$132.38	$2.01M	8.8%	Form 4
Jan 6, 2025	Douglas Friedman General Counsel and Secretary	Sold10b5-1 plan	4,274	$132.36	$566k	13%	Form 4
Jan 6, 2025	Justin Peterson Chief Technology Officer	Sold10b5-1 plan	6,669	$132.38	$883k	13%	Form 4
Nov 6, 2024	William Hult Chief Executive Officer	Sold10b5-1 plan	38,377	$127.60	$4.9M	17%	Form 4
Nov 6, 2024	Steven Berns Director	Sold10b5-1 plan	731	$133.00	$97k	20%	Form 4

Aug 14 – 1710b5-1 plan
Troy Dixon
MD, Co-Head of Global Markets · sold 3,130 at avg $106.00
$332k
8.9% of stake
Jun 110b5-1 plan
Justin Peterson
Chief Technology Officer · sold 21,221 at $102.00
$2.16M
58% of stake
May 2610b5-1 plan
Steven Berns
Director · sold 425 at $105.26
$45k
8.0% of stake
Apr 1510b5-1 plan
Justin Peterson
Chief Technology Officer · sold 21,221 at $120.66
$2.56M
37% of stake
Mar 20 – 2310b5-1 plan
Douglas Friedman
Chief Legal Officer · sold 2,811 at avg $125.07
$352k
17% of stake
Mar 20 – 2310b5-1 plan
Sara Furber
Chief Financial Officer · sold 6,525 at avg $125.06
$816k
23% of stake
Mar 2010b5-1 plan
Troy Dixon
MD, Co-Head of Global Markets · sold 2,584 at $125.75
$325k
6.9% of stake
Mar 2010b5-1 plan
Justin Peterson
Chief Technology Officer · sold 1,005 at $125.13
$126k
1.7% of stake
Mar 2010b5-1 plan
Amy Clack
Chief Administrative Officer · sold 271 at $125.75
$34k
1.2% of stake
Mar 1810b5-1 plan
Justin Peterson
Chief Technology Officer · sold 3,212 at $124.76
$401k
5.2% of stake
Mar 310b5-1 plan
William Hult
Chief Executive Officer · sold 72,450 at $125.62
$9.1M
36% of stake
Feb 20No plan
Enrico Bruni
MD, Co-Head of Global Markets · sold 17,380 at $119.27
$2.07M
15% of stake
Feb 1010b5-1 plan
William Hult
Chief Executive Officer · sold 121,218 at avg $115.45
$14M
49% of stake
Feb 1010b5-1 plan
Justin Peterson
Chief Technology Officer · sold 11,254 at $115.47
$1.3M
16% of stake
Feb 1010b5-1 plan
Douglas Friedman
Chief Legal Officer · sold 30,549 at avg $115.46
$3.53M
70% of stake
Feb 1010b5-1 plan
Sara Furber
Chief Financial Officer · sold 63,128 at $115.10
$7.27M
73% of stake
Feb 1010b5-1 plan
Amy Clack
CAO and CRO · sold 1,677 at avg $114.68
$192k
9.2% of stake
May 14, 202510b5-1 plan
Steven Berns
Director · sold 450 at $141.30
$64k
16% of stake
Apr 7, 202510b5-1 plan
Sara Furber
Chief Financial Officer · sold 1,786 at $127.60
$228k
3.0% of stake
Mar 20, 202510b5-1 plan
Sara Furber
Chief Financial Officer · sold 7,139 at $142.83
$1.02M
10% of stake
Mar 19, 2025 – Mar 20, 202510b5-1 plan
Enrico Bruni
MD, Co-Head of Global Markets · sold 6,293 at avg $141.83
$893k
6.8% of stake
Mar 19, 202510b5-1 plan
Justin Peterson
Chief Technology Officer · sold 4,635 at $141.50
$656k
10% of stake
Mar 19, 202510b5-1 plan
Scott Zucker
Chief Risk Officer · sold 2,314 at $141.48
$327k
9.9% of stake
Mar 19, 202510b5-1 plan
Douglas Friedman
General Counsel and Secretary · sold 3,061 at $141.59
$433k
10% of stake
Jan 6, 202510b5-1 plan
Scott Zucker
Chief Risk Officer · sold 3,654 at $132.38
$484k
14% of stake
Jan 6, 202510b5-1 plan
Sara Furber
Chief Financial Officer · sold 9,826 at $132.39
$1.3M
13% of stake
Jan 6, 202510b5-1 plan
William Hult
Chief Executive Officer · sold 15,163 at $132.38
$2.01M
8.8% of stake
Jan 6, 202510b5-1 plan
Douglas Friedman
General Counsel and Secretary · sold 4,274 at $132.36
$566k
13% of stake
Jan 6, 202510b5-1 plan
Justin Peterson
Chief Technology Officer · sold 6,669 at $132.38
$883k
13% of stake
Nov 6, 202410b5-1 plan
William Hult
Chief Executive Officer · sold 38,377 at $127.60
$4.9M
17% of stake
Nov 6, 202410b5-1 plan
Steven Berns
Director · sold 731 at $133.00
$97k
20% of stake

How to read this. Insiders sell for many reasons: taxes, diversifying, a house. Open-market buys are rarer and say more. A 10b5-1 plan is a trading schedule set up months in advance, so those sales were not timed on news. Large holders (funds and 10% owners) are listed under Everything but not counted as insiders. If you own or watch TW, we send a push when an executive buys or makes a large sale outside a plan.

Source: SEC Form 4 filings, filed within two business days of each trade and checked for new ones every hour.

Related stocks: Security & Commodity Brokers, Dealers, Exchanges & Services

SNEXStoneX Group Inc.

BGCBGC Group, Inc.

SOSSOS Limited

CBOECboe Global Markets Inc.

CMECME Group Inc.

NDAQNasdaq, Inc.

ICEIntercontinental Exchange, Inc.

LPLALPL Financial Holdings Inc.

Spot a number that looks wrong? Check it in TW's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

2 of 2 free stocks used today

Keep analysing TW

Create a free account and get 14 days of Premium: every stock and every tool.

Unlimited stocksQuality, fair value and dividends for 10,000+ stocks
Stock screenerFilter on quality, valuation and dividend safety
Portfolio trackerReal return, dividend calendar and portfolio quality
Editable DCFChange the assumptions and watch fair value move
Compare side by sideUp to 10 stocks in one table
Unlimited alertsPrice, P/E, Quality Score and yield

No card. Moves to Free after, unless you upgrade.

Already have an account?

Or come back tomorrow. Stocks on your watchlist are always free to view.