James Spencer

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 Feb. 20, 2020

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 22 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

22 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
March 24, 2020	TW	A	13,646	—	—	111,583 Direct	+13.93%	Acquired	(price as of 2026-08-20)
Feb. 21, 2020	TW	A	84,542	—	—	169,083 Direct	+100.00%	Acquired	(price as of 2026-08-20)
Feb. 21, 2020	TW	A	39,604	—	—	97,937 Direct	+67.89%	Acquired	(price as of 2026-08-20)
Feb. 20, 2020	TW	M 10b5-1	51,443	—	—	84,541 Direct	-37.83%	Disposed	(price as of 2026-08-20)
Feb. 20, 2020	TW	S 10b5-1	51,443	$50.38	$2,591,698	58,333 Direct	-46.86%	Disposed	105.8% (price as of 2026-08-20)
Feb. 20, 2020	TW	M 10b5-1	51,443	$20.59	$1,059,211	109,776 Direct	+88.19%	Acquired	403.6% (price as of 2026-08-20)
Feb. 19, 2020	TW	M 10b5-1	59,443	—	—	135,984 Direct	-30.42%	Disposed	(price as of 2026-08-20)
Feb. 19, 2020	TW	S 10b5-1	59,443	$50.03	$2,973,933	58,333 Direct	-50.47%	Disposed	107.3% (price as of 2026-08-20)
Feb. 19, 2020	TW	M 10b5-1	59,443	$20.59	$1,223,931	117,776 Direct	+101.90%	Acquired	403.6% (price as of 2026-08-20)
Feb. 14, 2020	TW	M 10b5-1	1,835	—	—	195,427 Direct	-0.93%	Disposed	(price as of 2026-08-20)
Feb. 14, 2020	TW	S 10b5-1	1,835	$50.00	$91,750	58,333 Direct	-3.05%	Disposed	107.4% (price as of 2026-08-20)
Feb. 14, 2020	TW	M 10b5-1	1,835	$20.59	$37,783	60,168 Direct	+3.15%	Acquired	403.6% (price as of 2026-08-20)
Feb. 13, 2020	TW	M 10b5-1	30,321	—	—	197,262 Direct	-13.32%	Disposed	(price as of 2026-08-20)
Feb. 13, 2020	TW	S 10b5-1	30,321	$47.07	$1,427,209	58,333 Direct	-34.20%	Disposed	120.3% (price as of 2026-08-20)
Feb. 13, 2020	TW	M 10b5-1	30,321	$20.59	$624,309	88,654 Direct	+51.98%	Acquired	403.6% (price as of 2026-08-20)
Feb. 12, 2020	TW	M 10b5-1	74,996	—	—	227,583 Direct	-24.79%	Disposed	(price as of 2026-08-20)
Feb. 12, 2020	TW	S 10b5-1	74,996	$47.11	$3,533,062	58,333 Direct	-56.25%	Disposed	120.1% (price as of 2026-08-20)
Feb. 12, 2020	TW	M 10b5-1	74,996	$20.59	$1,544,168	133,329 Direct	+128.57%	Acquired	403.6% (price as of 2026-08-20)
Feb. 4, 2020	TW	M 10b5-1	5,104	—	—	302,579 Direct	-1.66%	Disposed	(price as of 2026-08-20)
Feb. 4, 2020	TW	S 10b5-1	5,104	$47.00	$239,888	58,333 Direct	-8.05%	Disposed	120.6% (price as of 2026-08-20)
Feb. 4, 2020	TW	M 10b5-1	5,104	$20.59	$105,091	63,437 Direct	+8.75%	Acquired	403.6% (price as of 2026-08-20)
Feb. 3, 2020	TW	M 10b5-1	2,300	—	—	307,683 Direct	-0.74%	Disposed	(price as of 2026-08-20)
Feb. 3, 2020	TW	S 10b5-1	2,300	$47.02	$108,146	58,333 Direct	-3.79%	Disposed	120.5% (price as of 2026-08-20)
Feb. 3, 2020	TW	M 10b5-1	2,300	$20.59	$47,357	60,633 Direct	+3.94%	Acquired	403.6% (price as of 2026-08-20)
Feb. 3, 2020	TW	A	1,065	—	—	58,333 Direct	+1.86%	Acquired	(price as of 2026-08-20)
Feb. 3, 2020	TW	F	16,106	$46.18	$743,775	57,268 Direct	-21.95%	Disposed	124.6% (price as of 2026-08-20)
Jan. 31, 2020	TW	J	35,367	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Jan. 31, 2020	TW	M 10b5-1	35,367	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Jan. 31, 2020	TW	S 10b5-1	35,367	$45.05	$1,593,283	73,374 Direct	-32.52%	Disposed	130.2% (price as of 2026-08-20)
Jan. 31, 2020	TW	M 10b5-1	35,367	—	—	108,741 Direct	+48.20%	Acquired	(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. 21, 2020	TW	Stock Option (Right to Buy)	Class A common stock (84,542)	$20.59	Oct. 26, 2028	84,542	Acquired
Feb. 20, 2020	TW	Stock Option (Right to Buy)	Class A common stock (51,443)	$20.59	Oct. 26, 2028	51,443	Disposed
Feb. 19, 2020	TW	Stock Option (Right to Buy)	Class A common stock (59,443)	$20.59	Oct. 26, 2028	59,443	Disposed
Feb. 14, 2020	TW	Stock Option (Right to Buy)	Class A common stock (1,835)	$20.59	Oct. 26, 2028	1,835	Disposed
Feb. 13, 2020	TW	Stock Option (Right to Buy)	Class A common stock (30,321)	$20.59	Oct. 26, 2028	30,321	Disposed
Feb. 12, 2020	TW	Stock Option (Right to Buy)	Class A common stock (74,996)	$20.59	Oct. 26, 2028	74,996	Disposed
Feb. 4, 2020	TW	Stock Option (Right to Buy)	Class A common stock (5,104)	$20.59	Oct. 26, 2028	5,104	Disposed
Feb. 3, 2020	TW	Stock Option (Right to Buy)	Class A common stock (2,300)	$20.59	Oct. 26, 2028	2,300	Disposed
Jan. 31, 2020	TW	Class D common stock	Class A common stock (35,367)	—	—	35,367	Disposed
Jan. 31, 2020	TW	Non-voting common units of Tradeweb Markets LLC	Class A common stock (35,367)	—	—	35,367	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]	67,374	Direct
April 4, 2019	TW	Class D common stock→ Class C common stock (77,133)	77,133	Direct
April 4, 2019	TW	Non-voting common units of Tradeweb Markets LLC→ Class A common stock (77,133)	77,133	Direct
April 4, 2019	TW	Stock Option (Right to Buy)→ Class A common stock (422,706)	422,706	Direct