Marex CEO has 36,587 shares withheld for tax
Rhea-AI Filing Summary
Marex Group Ltd (MRX) reported that Chief Executive Officer and director Ian T. Lowitt had 36,587 ordinary shares withheld on September 7, 2026 to satisfy a tax withholding obligation arising from the vesting of awards under the 2022 Annual Long Term Incentive Plan. The withholding was valued using a share price of $78.27, which reflects the closing price of Marex ordinary shares on September 4, 2026. Following this tax-related withholding, Lowitt holds 2,835,472 ordinary shares directly, including 41,256 shares underlying the 2022 Annual Long Term Incentive Plan and 194,411 shares underlying deferred bonus plan awards that each represent a contingent right to receive one ordinary share upon vesting and settlement. No Rule 10b5-1 trading plan is reported for this transaction.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1, F2, F3 | 36,587 | $78.27 | $2.86M |
Footnotes (3)
- F1. Represents the number of ordinary shares withheld to satisfy the tax withholding obligation in connection with the vesting of shares underlying the Issuer's 2022 Annual Long Term Incentive Plan.
- F2. The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on September 4, 2026.
- F3. The number of ordinary shares reported herein includes (i) 41,256 shares underlying the Issuer's 2022 Annual Long Term Incentive Plan, and (ii) 194,411 shares underlying deferred bonus plan awards previously granted to the Reporting Person. Each award represents a contingent right to receive one (1) ordinary share of the Issuer upon vesting and settlement of the applicable award.
Key Figures
Key Terms
tax withholding obligation financial
2022 Annual Long Term Incentive Plan financial
deferred bonus plan awards financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MRX CEO Ian T. Lowitt report on September 7, 2026?
Was the Marex Group (MRX) Form 4 transaction an open-market sale?
What unvested or contingent MRX awards are included in Ian T. Lowitt’s reported holdings?
Was the MRX insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.