MarketAxess (MKTX) CFO awarded 5,005 RSUs and surrenders shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MarketAxess Holdings Inc. Chief Financial Officer Ilene Fiszel Bieler received a grant of 5,005 restricted stock units on common shares. The award was made under the 2020 Equity Incentive Plan and will vest 34% on February 15, 2027, 33% on February 15, 2028, and 33% on February 15, 2029.
On the same date, 439 common shares were surrendered to the company at $179.36 per share to cover tax withholding from previously granted units. After these transactions, she directly beneficially owns 8,988 shares of MarketAxess common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fiszel Bieler Ilene
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.003 per share | 5,005 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.003 per share | 439 | $179.36 | $79K |
Holdings After Transaction:
Common Stock, par value $0.003 per share — 9,427 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units pursuant to the Company's 2020 Equity Incentive Plan. The restricted stock units shall vest 34% on February 15, 2027, 33% on February 15, 2028, and 33% on February 15, 2029. Represents the surrender of shares to the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units previously granted to the Reporting Person.
FAQ
What insider transaction did MarketAxess (MKTX) report for its CFO?
MarketAxess reported its CFO, Ilene Fiszel Bieler, received a grant of 5,005 restricted stock units and surrendered 439 common shares for tax withholding. After these transactions, she directly holds 8,988 shares of MarketAxess common stock.
How many MarketAxess (MKTX) restricted stock units were granted to the CFO?
Ilene Fiszel Bieler was granted 5,005 restricted stock units of MarketAxess common stock. The grant was made under the 2020 Equity Incentive Plan and represents equity-based compensation rather than an open-market share purchase.
What is the vesting schedule for the MarketAxess (MKTX) CFO’s 5,005 RSUs?
The 5,005 restricted stock units vest over three years: 34% on February 15, 2027, 33% on February 15, 2028, and 33% on February 15, 2029. This structure incentivizes continued service and long-term alignment with shareholders.
Was the MarketAxess (MKTX) CFO’s Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant of 5,005 restricted stock units at a price of $0 under the equity plan, plus a tax-withholding share surrender. It does not report any open-market share purchases or sales by the CFO.