Tradeweb Markets Inc. Director Departs, New Director Appointed
Ticker: TW · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1758730
| Field | Detail |
|---|---|
| Company | Tradeweb Markets Inc. (TW) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, director-election
Related Tickers: TW
TL;DR
Bodson out, Stedman in at Tradeweb. Exec comp details coming.
AI Summary
Tradeweb Markets Inc. announced on September 18, 2024, the departure of director Michael J. Bodson and the election of new director David R. Stedman. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this initial filing.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are crucial for understanding how leadership is incentivized.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board changes and disclosure of compensatory arrangements, which typically carry low immediate risk.
Key Players & Entities
- Tradeweb Markets Inc. (company) — Registrant
- Michael J. Bodson (person) — Departing Director
- David R. Stedman (person) — Newly Elected Director
- September 18, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the Tradeweb Markets Inc. board of directors?
Michael J. Bodson has departed from the board of directors of Tradeweb Markets Inc.
Who has been elected as a new director to the Tradeweb Markets Inc. board?
David R. Stedman has been elected as a new director to the Tradeweb Markets Inc. board.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 18, 2024.
What specific items are covered in this 8-K filing?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 860 words · 3 min read · ~3 pages · Grade level 9.6 · Accepted 2024-09-19 08:03:25
Key Financial Figures
- $0.00001 — stered Class A common stock, par value $0.00001 TW Nasdaq Global Select Market Indica
Filing Documents
- tw-20240918.htm (8-K) — 34KB
- danielmaguiretwbdannouncem.htm (EX-99.1) — 12KB
- image_0a.jpg (GRAPHIC) — 27KB
- 0001758730-24-000183.txt ( ) — 207KB
- tw-20240918.xsd (EX-101.SCH) — 2KB
- tw-20240918_lab.xml (EX-101.LAB) — 21KB
- tw-20240918_pre.xml (EX-101.PRE) — 12KB
- tw-20240918_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On September 19, 2024, the Company issued a press release announcing the appointment of Daniel Maguire. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Exhibit Description 10.1 Form of Indemnification Agreement (incorporated by reference to Exhibit 10.16 to the Company's Registration Statement on Form S-1 (File No. 333-230115)). 99.1 Press Release of Tradeweb Markets Inc., dated September 1 9 , 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
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 hereunto duly authorized. TRADEWEB MARKETS INC. Date: September 19, 2024 By: /s/ Douglas Friedman Name: Douglas Friedman Title: General Counsel