Billy Hult compensation by year
Tradeweb Markets Summary Compensation Table · all 5 fiscal years held| Component | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Salary | $660,000 | $660,000 | $750,000 | $750,000 | $1,000,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $3,684,862 | $4,200,817 | $10,126,779 | $12,575,284 | $15,082,345 |
| Option awards | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $8,437,500 | $5,329,500 | $3,375,000 | $3,375,000 | $4,500,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 |
| All other | $43,417 | $44,089 | $55,879 | $37,647 | $38,607 |
| Total | $12,825,779 | $10,234,406 | $14,307,658 | $16,737,931 | $20,620,952 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Tradeweb Markets Inc. DEF 14A filed March 26, 2026, accession 0001758730-26-000084, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Tradeweb Markets Inc. filed document, accession 0001758730-26-000084. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 122,766 | $13,202,256 | — |
| PSU | 107,948 | $11,608,728 | — |
| PSU | 104,922 | $11,283,312 | — |
| RSU | 92,567 | $9,954,655 | — |
| RSU | 30,682 | $3,299,542 | — |
| RSU | 23,356 | $2,511,704 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Tradeweb Markets Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Tradeweb Markets discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Disability | $0 | $27,533,001 | $0 | $27,533,001 |
| Retirement | $0 | $34,489,584 | $0 | $34,489,584 |
| Death | $0 | $27,533,001 | $0 | $27,533,001 |
| Change in control, no termination | $0 | $34,489,584 | $0 | $34,489,584 |
| Involuntary termination without cause | $2,000,000 | $27,532,801 | $93,702 | $37,501,703 |
Per the Potential Payments Upon Termination or Change in Control table in Tradeweb Markets Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Tradeweb Markets’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Billy Hult · this page | Chief Executive Officer | $20,620,952 |
| Sara Furber | Chief Financial Officer | $7,895,480 |
| Justin Peterson | Chief Technology Officer | $5,350,795 |
Board service
Tradeweb Markets board · FY2021–FY2025How this board is paid
Company policy: Tradeweb Markets pays directors a $100,000 cash retainer and $185,000 in RSUs. As stated in Tradeweb Markets's FY2025 proxy.
Committees
Nominating/Governance
The full Tradeweb Markets compensation record
free company briefThis page is one person within Tradeweb Markets's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Tradeweb Markets proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Tradeweb Markets's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Tradeweb Markets's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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