MarketAxess (MKTX) director granted 1,390 restricted stock units in equity award
Rhea-AI Filing Summary
SCHICIANO KENNETH T reported acquisition or exercise transactions in this Form 4 filing.
MARKETAXESS HOLDINGS INC director Kenneth T. Schiciano received an equity award in the form of restricted stock units. On June 10, 2026, he was granted 1,390 shares of common stock at no cash cost under the company’s 2020 Equity Incentive Plan, bringing his direct holdings to 1,945 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,390 shares
Net Buy
1 txn
Insider
SCHICIANO KENNETH T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.003 per share | 1,390 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.003 per share — 1,945 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted stock units pursuant to the Company's 2020 Equity Incentive Plan.
Key Figures
RSU grant size: 1,390 shares
Grant price: $0.00 per share
Shares held after grant: 1,945 shares
3 metrics
RSU grant size
1,390 shares
Restricted stock unit award on June 10, 2026
Grant price
$0.00 per share
Reported transaction price for RSU grant
Shares held after grant
1,945 shares
Total direct common stock holdings after transaction
Key Terms
restricted stock units, Equity Incentive Plan, Common Stock, par value $0.003 per share
3 terms
restricted stock units financial
"Represents a grant of restricted stock units pursuant to the Company's 2020 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"pursuant to the Company's 2020 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MARKETAXESS (MKTX) report for Kenneth T. Schiciano?
MARKETAXESS reported that director Kenneth T. Schiciano received a grant of 1,390 shares of common stock on June 10, 2026. The award was in the form of restricted stock units under the company’s 2020 Equity Incentive Plan and did not involve a cash purchase.
Was the MARKETAXESS (MKTX) insider transaction a purchase or a grant?
The insider transaction was a grant, not an open-market purchase. Kenneth T. Schiciano received 1,390 shares as a restricted stock unit award with a reported price of $0.00 per share, reflecting equity compensation rather than a cash-funded stock acquisition.