[Form 4] MARKETAXESS HOLDINGS INC Insider Trading Activity
Rhea-AI Filing Summary
Mirwani Nitin A reported acquisition or exercise transactions in this Form 4 filing.
MarketAxess Holdings Inc. granted Chief Accounting Officer Nitin A. Mirwani 1,766 shares of common stock on a no-cash basis as an equity award under the company’s 2020 Equity Incentive Plan.
The award is in the form of restricted stock units that vest 34% on February 15, 2027, 33% on February 15, 2028, and 33% on February 15, 2029. Following this grant, Mirwani beneficially owns 1,766 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,766 shares
Net Buy
1 txn
Insider
Mirwani Nitin A
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.003 per share | 1,766 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.003 per share — 1,766 shares (Direct)
Footnotes (1)
- F1. 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.
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FAQ
What insider transaction did MarketAxess (MKTX) report for Nitin Mirwani?
MarketAxess reported an equity grant to Nitin A. Mirwani, its Chief Accounting Officer, of 1,766 shares of common stock. The award was made at a price of $0 per share as part of the company’s equity compensation program.
Was the MarketAxess (MKTX) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. Mirwani acquired 1,766 shares at a reported price of $0 per share, reflecting a grant or award under MarketAxess’s 2020 Equity Incentive Plan rather than a cash transaction.
How do Nitin Mirwani’s MarketAxess (MKTX) restricted stock units vest?
The restricted stock units vest over three years. According to the filing, 34% vest on February 15, 2027, 33% vest on February 15, 2028, and the remaining 33% vest on February 15, 2029, subject to the award’s terms.
What role does Nitin Mirwani hold at MarketAxess (MKTX)?
Nitin A. Mirwani serves as Chief Accounting Officer at MarketAxess. The Form 4 identifies him as an officer of the company and reports his receipt of 1,766 restricted stock units under the 2020 Equity Incentive Plan to align compensation with company performance.
Under which plan were the MarketAxess (MKTX) restricted stock units granted?
The restricted stock units were granted under MarketAxess’s 2020 Equity Incentive Plan. This plan provides equity-based awards such as restricted stock units to key employees, aligning their incentives with shareholder interests through time-based vesting schedules.