Virtu Financial amends CFO Cindy Lee's employment agreement through June 2029
On June 8, 2026, Virtu Financial Operating LLC, a subsidiary of Virtu Financial, Inc., entered into an amended and restated employment agreement with Chief Financial Officer Cindy Lee. The filing sets her base salary at $500,000 per year, adds a 20,000-share restricted stock or RSU special award, and sets severance terms that increase if a change in control occurs.
Key points
- Base salary of $500,000 per year, with eligibility for a discretionary annual bonus
- Special award of 20,000 restricted shares or RSUs, vesting in three equal annual installments
- Initial term expires June 30, 2029, with automatic one-year renewals unless either party gives notice at least 90 days in advance
- After a qualifying termination tied to a change in control, severance equals two and a half times base salary plus the most recent annual bonus, and benefits continue for 24 months or longer
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.