Marex executive has 18,293 shares withheld for tax
MRX’s Chief Strategist and CEO, Capital Markets had shares withheld to cover taxes on vested equity awards, leaving over 1.28 million ordinary shares reported as held.
Rhea-AI Filing Summary
Marex Group Ltd (MRX) reported that Chief Strategist and CEO, Capital Markets Paolo Tonucci had 18,293 ordinary shares withheld on September 7, 2026 to satisfy a tax withholding obligation related to the vesting of equity awards under the 2022 Annual Long Term Incentive Plan.
The withholding price used was $78.27 per share, equal to the September 4, 2026 Nasdaq closing price for Marex ordinary shares. After this transaction, Tonucci directly holds 1,286,237 ordinary shares, including 20,628 shares underlying the 2022 Annual Long Term Incentive Plan and 220,746 shares underlying deferred bonus plan awards, each award representing a contingent right to receive one ordinary share upon vesting and settlement.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1, F2, F3 | 18,293 | $78.27 | $1.43M |
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) 20,628 shares underlying the Issuer's 2022 Annual Long Term Incentive Plan, and (ii) 220,746 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 transaction did MRX insider Paolo Tonucci report on this Form 4?
Does the MRX Form 4 indicate the transaction was under a Rule 10b5-1 trading plan?
What MRX equity awards are referenced in the Form 4 footnotes?
What is Paolo Tonucci’s role at Marex Group Ltd (MRX)?
AI-generated analysis. How Rhea-AI works. Not financial advice.