Marex Group (MRX) CEO adds 77,843 shares, now holds 2,872,059
Rhea-AI Filing Summary
Marex Group Ltd (MRX) reported that Chief Executive Officer and director Ian T. Lowitt acquired 77,843 Ordinary Shares on August 19, 2026 via a grant/award under the 2022 Annual Long Term Incentive Plan at a stated price of $0.00 per share. The Remuneration Committee determined that performance conditions tied to return on equity and growth in adjusted operating profit before tax had been met, so these shares are vesting subject to continued service until September 6, 2026. Following this transaction, Lowitt holds 2,872,059 Ordinary Shares directly, including 194,411 shares underlying deferred bonus plan awards.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 77,843 shares
Net Buy
1 txn
Insider
Lowitt Ian T
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 77,843 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 2,872,059 shares (Direct)
Footnotes (2)
- F1. On September 6, 2023, the Reporting Person was granted an award under the Issuer's 2022 Annual Long Term Incentive Plan (the "Plan"), which vests in the form of ordinary shares subject to (i) performance conditions, including a minimum return on equity underpin and growth in adjusted operating profit before tax, and (ii) continued service through the third anniversary of the grant date, in each case subject to the terms of the Plan. On August 19, 2026, the Remuneration Committee of the Issuer's Board of Directors determined that the performance conditions had been met. The award remains subject to time-based vesting and will fully vest on September 6, 2026.
- F2. The number of ordinary shares reported herein includes (i) 77,843 shares vesting under the Issuer's 2022 Annual Long Term Incentive Plan as described in footnote 1, 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
Ordinary Shares granted/vesting: 77,843 shares
Transaction price per share: $0.00 per share
Total Ordinary Shares after transaction: 2,872,059 shares
+2 more
5 metrics
Ordinary Shares granted/vesting
77,843 shares
Award under 2022 Annual Long Term Incentive Plan vesting as of August 19, 2026
Transaction price per share
$0.00 per share
Grant/award acquisition of 77,843 Ordinary Shares
Total Ordinary Shares after transaction
2,872,059 shares
Direct holdings of Ian T. Lowitt following the reported transaction
Deferred bonus plan awards
194,411 shares
Shares underlying deferred bonus plan awards included in reported holdings
Award full vesting date
September 6, 2026
Scheduled full vesting of the 2022 Annual Long Term Incentive Plan award
Key Terms
2022 Annual Long Term Incentive Plan, performance conditions, return on equity underpin, adjusted operating profit before tax, +1 more
5 terms
2022 Annual Long Term Incentive Plan financial
"the Reporting Person was granted an award under the Issuer's 2022 Annual Long Term Incentive Plan"
performance conditions financial
"vests in the form of ordinary shares subject to (i) performance conditions"
return on equity underpin financial
"including a minimum return on equity underpin and growth in adjusted operating profit"
adjusted operating profit before tax financial
"growth in adjusted operating profit before tax, and (ii) continued service"
deferred bonus plan awards financial
"shares underlying deferred bonus plan awards previously granted to the Reporting Person"
Deferred bonus plan awards are payments promised to employees or executives that are earned now but paid out later, often only if certain performance goals are met or the employee remains with the company. For investors, they matter because they influence management’s incentives and company expenses over time—like a delayed paycheck that encourages someone to stay and meet targets—and can affect future cash needs, reported compensation costs, and potential share dilution.
FAQ
What insider transaction did MRX CEO Ian T. Lowitt report?
Ian T. Lowitt reported a grant/award of 77,843 Ordinary Shares of Marex Group Ltd on August 19, 2026, received at a stated price of $0.00 per share under the company’s 2022 Annual Long Term Incentive Plan.
What performance conditions applied to the MRX long-term incentive award?
The award under Marex Group Ltd’s 2022 Annual Long Term Incentive Plan is subject to performance conditions, including a minimum return on equity underpin and growth in adjusted operating profit before tax, plus continued service through the third anniversary of the grant date.
When did MRX determine that the performance conditions were met?
On August 19, 2026, the Remuneration Committee of Marex Group Ltd’s Board of Directors determined that the performance conditions for the 2022 Annual Long Term Incentive Plan award had been met.
When will the MRX long-term incentive award fully vest for the CEO?
The award remains subject to time-based vesting and will fully vest on September 6, 2026, assuming continued service, according to Marex Group Ltd’s disclosure.
What other equity awards are included in the CEO’s MRX holdings?
The CEO’s reported holdings include 194,411 shares underlying deferred bonus plan awards previously granted, each representing a contingent right to receive one Ordinary Share of Marex Group Ltd upon vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
