Douglas Friedman

Insider

First SEC filing: April 4, 2019 · Latest: April 4, 2019

On this page

Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.

Insider at

TW selling Jan. 4, 2022

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 55 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

55 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
March 18, 2022	TW	A	10	—	—	45,112 Direct	+0.02%	Acquired	(price as of 2026-08-20)
March 18, 2022	TW	F	1,536	$89.88	$138,056	45,102 Direct	-3.29%	Disposed	15.4% (price as of 2026-08-20)
March 16, 2022	TW	F	869	$87.43	$75,977	46,636 Direct	-1.83%	Disposed	18.6% (price as of 2026-08-20)
March 16, 2022	TW	A	2	—	—	46,638 Direct	0.00%	Acquired	(price as of 2026-08-20)
March 15, 2022	TW	A	5,224	—	—	47,505 Direct	+12.36%	Acquired	(price as of 2026-08-20)
Feb. 24, 2022	TW	A	36,232	—	—	36,232 Direct	—	Acquired	(price as of 2026-08-20)
Feb. 24, 2022	TW	A	10,180	—	—	42,281 Direct	+31.71%	Acquired	(price as of 2026-08-20)
Jan. 4, 2022	TW	S 10b5-1	300	$96.30	$28,890	32,101 Direct	-0.93%	Disposed	7.7% (price as of 2026-08-20)
Jan. 4, 2022	TW	S 10b5-1	100	$95.05	$9,505	32,401 Direct	-0.31%	Disposed	9.1% (price as of 2026-08-20)
Jan. 4, 2022	TW	S 10b5-1	4,690	$94.10	$441,329	32,501 Direct	-12.61%	Disposed	10.2% (price as of 2026-08-20)
Jan. 4, 2022	TW	S 10b5-1	9,958	$93.59	$931,969	37,191 Direct	-21.12%	Disposed	10.8% (price as of 2026-08-20)
Jan. 4, 2022	TW	S 10b5-1	2,761	$92.50	$255,392	47,149 Direct	-5.53%	Disposed	12.1% (price as of 2026-08-20)
Jan. 3, 2022	TW	A	262	—	—	49,910 Direct	+0.53%	Acquired	(price as of 2026-08-20)
Jan. 3, 2022	TW	F	15,457	$100.14	$1,547,864	49,648 Direct	-23.74%	Disposed	3.6% (price as of 2026-08-20)
June 7, 2021	TW	M 10b5-1	28,696	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
June 7, 2021	TW	S 10b5-1	2,200	$82.10	$180,620	65,105 Direct	-3.27%	Disposed	26.3% (price as of 2026-08-20)
June 7, 2021	TW	S 10b5-1	26,496	$81.36	$2,155,715	67,305 Direct	-28.25%	Disposed	27.5% (price as of 2026-08-20)
June 7, 2021	TW	M 10b5-1	28,696	$20.59	$590,851	93,801 Direct	+44.08%	Acquired	403.6% (price as of 2026-08-20)
May 7, 2021	TW	M 10b5-1	9,700	—	—	28,696 Direct	-25.26%	Disposed	(price as of 2026-08-20)
May 7, 2021	TW	S 10b5-1	9,700	$82.67	$801,899	65,105 Direct	-12.97%	Disposed	25.4% (price as of 2026-08-20)
May 7, 2021	TW	M 10b5-1	9,700	$20.59	$199,723	74,805 Direct	+14.90%	Acquired	403.6% (price as of 2026-08-20)
May 6, 2021	TW	M 10b5-1	300	—	—	38,396 Direct	-0.78%	Disposed	(price as of 2026-08-20)
May 6, 2021	TW	S 10b5-1	300	$82.54	$24,762	65,105 Direct	-0.46%	Disposed	25.6% (price as of 2026-08-20)
May 6, 2021	TW	M 10b5-1	300	$20.59	$6,177	65,405 Direct	+0.46%	Acquired	403.6% (price as of 2026-08-20)
March 19, 2021	TW	S 10b5-1	671	$73.67	$49,433	65,105 Direct	-1.02%	Disposed	40.8% (price as of 2026-08-20)
March 19, 2021	TW	S 10b5-1	800	$72.85	$58,280	65,776 Direct	-1.20%	Disposed	42.3% (price as of 2026-08-20)
March 18, 2021	TW	A	6	—	—	66,576 Direct	+0.01%	Acquired	(price as of 2026-08-20)
March 18, 2021	TW	F	1,536	$72.75	$111,744	66,570 Direct	-2.26%	Disposed	42.5% (price as of 2026-08-20)
March 15, 2021	TW	A	5,090	—	—	68,106 Direct	+8.08%	Acquired	(price as of 2026-08-20)
Feb. 24, 2021	TW	A	36,232	—	—	38,696 Direct	+1470.45%	Acquired	(price as of 2026-08-20)
Feb. 5, 2021	TW	A	18,008	—	—	63,016 Direct	+40.01%	Acquired	(price as of 2026-08-20)
Feb. 1, 2021	TW	S 10b5-1	7,207	$64.19	$462,617	45,008 Direct	-13.80%	Disposed	61.6% (price as of 2026-08-20)
Feb. 1, 2021	TW	S 10b5-1	2,772	$63.01	$174,664	52,215 Direct	-5.04%	Disposed	64.6% (price as of 2026-08-20)
Feb. 1, 2021	TW	S 10b5-1	2,650	$61.87	$163,956	54,987 Direct	-4.60%	Disposed	67.6% (price as of 2026-08-20)
Feb. 1, 2021	TW	S 10b5-1	1,300	$60.98	$79,274	57,637 Direct	-2.21%	Disposed	70.1% (price as of 2026-08-20)
Feb. 1, 2021	TW	A	387	—	—	58,937 Direct	+0.66%	Acquired	(price as of 2026-08-20)
Feb. 1, 2021	TW	F	9,325	$60.79	$566,867	58,550 Direct	-13.74%	Disposed	70.6% (price as of 2026-08-20)
Dec. 11, 2020	TW	M 10b5-1	20,000	—	—	2,464 Direct	-89.03%	Disposed	(price as of 2026-08-20)
Dec. 11, 2020	TW	S 10b5-1	12,553	$65.10	$817,200	67,875 Direct	-15.61%	Disposed	59.3% (price as of 2026-08-20)
Dec. 11, 2020	TW	S 10b5-1	7,447	$64.54	$480,629	80,428 Direct	-8.47%	Disposed	60.7% (price as of 2026-08-20)
Dec. 11, 2020	TW	M 10b5-1	20,000	$20.59	$411,800	87,875 Direct	+29.47%	Acquired	403.6% (price as of 2026-08-20)
Dec. 1, 2020	TW	M 10b5-1	10,000	—	—	22,464 Direct	-30.80%	Disposed	(price as of 2026-08-20)
Dec. 1, 2020	TW	S 10b5-1	1,085	$60.58	$65,729	67,875 Direct	-1.57%	Disposed	71.2% (price as of 2026-08-20)
Dec. 1, 2020	TW	S 10b5-1	8,915	$59.98	$534,722	68,960 Direct	-11.45%	Disposed	72.9% (price as of 2026-08-20)
Dec. 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
Nov. 2, 2020	TW	M 10b5-1	10,000	—	—	32,464 Direct	-23.55%	Disposed	(price as of 2026-08-20)
Nov. 2, 2020	TW	S 10b5-1	860	$56.33	$48,444	67,875 Direct	-1.25%	Disposed	84.1% (price as of 2026-08-20)
Nov. 2, 2020	TW	S 10b5-1	2,941	$55.97	$164,608	68,735 Direct	-4.10%	Disposed	85.3% (price as of 2026-08-20)
Nov. 2, 2020	TW	S 10b5-1	6,199	$54.76	$339,457	71,676 Direct	-7.96%	Disposed	89.4% (price as of 2026-08-20)
Nov. 2, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
Oct. 1, 2020	TW	M 10b5-1	10,000	—	—	42,464 Direct	-19.06%	Disposed	(price as of 2026-08-20)
Oct. 1, 2020	TW	S 10b5-1	10,000	$58.50	$585,000	67,875 Direct	-12.84%	Disposed	77.3% (price as of 2026-08-20)
Oct. 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
Sept. 1, 2020	TW	M 10b5-1	10,000	—	—	52,464 Direct	-16.01%	Disposed	(price as of 2026-08-20)
Sept. 1, 2020	TW	S 10b5-1	5,371	$57.96	$311,303	67,875 Direct	-7.33%	Disposed	78.9% (price as of 2026-08-20)
Sept. 1, 2020	TW	S 10b5-1	4,629	$57.43	$265,843	73,246 Direct	-5.94%	Disposed	80.6% (price as of 2026-08-20)
Sept. 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
Aug. 3, 2020	TW	M 10b5-1	10,000	—	—	62,464 Direct	-13.80%	Disposed	(price as of 2026-08-20)
Aug. 3, 2020	TW	S 10b5-1	700	$54.72	$38,304	67,875 Direct	-1.02%	Disposed	89.5% (price as of 2026-08-20)
Aug. 3, 2020	TW	S 10b5-1	9,300	$53.86	$500,898	68,575 Direct	-11.94%	Disposed	92.5% (price as of 2026-08-20)
Aug. 3, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
July 1, 2020	TW	M 10b5-1	10,000	—	—	72,464 Direct	-12.13%	Disposed	(price as of 2026-08-20)
July 1, 2020	TW	S 10b5-1	8,244	$59.26	$488,539	67,875 Direct	-10.83%	Disposed	75.0% (price as of 2026-08-20)
July 1, 2020	TW	S 10b5-1	1,756	$58.38	$102,515	76,119 Direct	-2.25%	Disposed	77.6% (price as of 2026-08-20)
July 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
June 1, 2020	TW	M 10b5-1	10,000	—	—	82,464 Direct	-10.82%	Disposed	(price as of 2026-08-20)
June 1, 2020	TW	S 10b5-1	600	$68.21	$40,926	67,875 Direct	-0.88%	Disposed	52.0% (price as of 2026-08-20)
June 1, 2020	TW	S 10b5-1	5,076	$67.44	$342,325	68,475 Direct	-6.90%	Disposed	53.8% (price as of 2026-08-20)
June 1, 2020	TW	S 10b5-1	3,524	$66.61	$234,734	73,551 Direct	-4.57%	Disposed	55.7% (price as of 2026-08-20)
June 1, 2020	TW	S 10b5-1	800	$65.37	$52,296	77,075 Direct	-1.03%	Disposed	58.6% (price as of 2026-08-20)
June 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
May 1, 2020	TW	M 10b5-1	10,000	—	—	92,464 Direct	-9.76%	Disposed	(price as of 2026-08-20)
May 1, 2020	TW	S 10b5-1	10,000	$51.98	$519,800	67,875 Direct	-12.84%	Disposed	99.5% (price as of 2026-08-20)
May 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
April 27, 2020	TW	D	14,708	$48.79	$717,603	67,875 Direct	-17.81%	Disposed	112.5% (price as of 2026-08-20)
April 22, 2020	TW	M	50,000	—	—	102,464 Direct	-32.79%	Disposed	(price as of 2026-08-20)
April 22, 2020	TW	F	35,292	$51.44	$1,815,420	82,583 Direct	-29.94%	Disposed	101.6% (price as of 2026-08-20)
April 22, 2020	TW	M	50,000	$20.59	$1,029,500	117,875 Direct	+73.66%	Acquired	403.6% (price as of 2026-08-20)
April 1, 2020	TW	M 10b5-1	10,000	—	—	152,464 Direct	-6.16%	Disposed	(price as of 2026-08-20)
April 1, 2020	TW	S 10b5-1	10,000	$41.52	$415,200	67,875 Direct	-12.84%	Disposed	149.8% (price as of 2026-08-20)
April 1, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	77,875 Direct	+14.73%	Acquired	403.6% (price as of 2026-08-20)
March 17, 2020	TW	A	9,004	—	—	67,875 Direct	+15.29%	Acquired	(price as of 2026-08-20)
March 2, 2020	TW	M 10b5-1	10,000	—	—	162,464 Direct	-5.80%	Disposed	(price as of 2026-08-20)
March 2, 2020	TW	S 10b5-1	805	$50.40	$40,572	58,871 Direct	-1.35%	Disposed	105.8% (price as of 2026-08-20)
March 2, 2020	TW	S 10b5-1	6,595	$50.00	$329,750	59,676 Direct	-9.95%	Disposed	107.4% (price as of 2026-08-20)
March 2, 2020	TW	S 10b5-1	2,600	$48.79	$126,854	66,271 Direct	-3.78%	Disposed	112.5% (price as of 2026-08-20)
March 2, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	68,871 Direct	+16.99%	Acquired	403.6% (price as of 2026-08-20)
Feb. 21, 2020	TW	A	36,232	—	—	172,464 Direct	+26.60%	Acquired	(price as of 2026-08-20)
Feb. 21, 2020	TW	A	33,004	—	—	58,871 Direct	+127.59%	Acquired	(price as of 2026-08-20)
Feb. 4, 2020	TW	S 10b5-1	10,668	$46.73	$498,516	25,867 Direct	-29.20%	Disposed	121.9% (price as of 2026-08-20)
Feb. 3, 2020	TW	M 10b5-1	10,000	—	—	136,232 Direct	-6.84%	Disposed	(price as of 2026-08-20)
Feb. 3, 2020	TW	S 10b5-1	1,186	$46.91	$55,635	36,535 Direct	-3.14%	Disposed	121.1% (price as of 2026-08-20)
Feb. 3, 2020	TW	S 10b5-1	8,814	$46.34	$408,441	37,721 Direct	-18.94%	Disposed	123.8% (price as of 2026-08-20)
Feb. 3, 2020	TW	M 10b5-1	10,000	$20.59	$205,900	46,535 Direct	+27.37%	Acquired	403.6% (price as of 2026-08-20)
Feb. 3, 2020	TW	A	701	—	—	36,535 Direct	+1.96%	Acquired	(price as of 2026-08-20)
Feb. 3, 2020	TW	F	9,674	$46.18	$446,745	35,834 Direct	-21.26%	Disposed	124.6% (price as of 2026-08-20)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
Feb. 24, 2022	TW	Stock Option (Right to Buy)	Class A common stock (36,232)	$20.59	Oct. 26, 2028	36,232	Acquired
June 7, 2021	TW	Stock Option (Right to Buy)	Class A common stock (28,696)	$20.59	Oct. 26, 2028	28,696	Disposed
May 7, 2021	TW	Stock Option (Right to Buy)	Class A common stock (9,700)	$20.59	Oct. 26, 2028	9,700	Disposed
May 6, 2021	TW	Stock Option (Right to Buy)	Class A common stock (300)	$20.59	Oct. 26, 2028	300	Disposed
Feb. 24, 2021	TW	Stock Option (Right to Buy)	Class A common stock (36,232)	$20.59	Oct. 26, 2028	36,232	Acquired
Dec. 11, 2020	TW	Stock Option (Right to Buy)	Class A common stock (20,000)	$20.59	Oct. 26, 2028	20,000	Disposed
Dec. 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
Nov. 2, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
Oct. 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
Sept. 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
Aug. 3, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
July 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
June 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
May 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
April 22, 2020	TW	Stock Option (Right to Buy)	Class A common stock (50,000)	$20.59	Oct. 26, 2028	50,000	Disposed
April 1, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
March 2, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed
Feb. 21, 2020	TW	Stock Option (Right to Buy)	Class A common stock (36,232)	$20.59	Oct. 26, 2028	36,232	Acquired
Feb. 3, 2020	TW	Stock Option (Right to Buy)	Class A common stock (10,000)	$20.59	Oct. 26, 2028	10,000	Disposed

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 4 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
April 4, 2019	TW	Class A common stock [F1]	42,508	Direct
April 4, 2019	TW	Class D common stock→ Class C common stock (19,400)	19,400	Direct
April 4, 2019	TW	Non-voting common units of Tradeweb Markets LLC→ Class A common stock (19,400)	19,400	Direct
April 4, 2019	TW	Stock Option (Right to Buy)→ Class A common stock (181,159)	181,159	Direct