Marex Group (NASDAQ: MRX) CFO reports 3,358-share tax withholding event
Rhea-AI Filing Summary
Marex Group plc Chief Financial Officer Rob Irvin reported an automatic tax-related share disposition tied to deferred bonus awards. On the vesting of previously reported deferred bonus plan awards, 3,358 ordinary shares were withheld to satisfy the associated tax withholding obligation, using a reference price of $54.45 per share.
After this withholding, Irvin holds 34,746 ordinary shares directly, including 25,300 shares underlying deferred bonus plan awards that represent contingent rights to receive one ordinary share each upon future vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,358 shares
Net Sell
1 txn
Insider
Irvin Rob
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 3,358 | $54.45 | $183K |
Holdings After Transaction:
Ordinary Shares — 34,746 shares (Direct)
Footnotes (3)
- F1. Represents the number of ordinary shares withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported shares underlying deferred bonus plan awards.
- F2. The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on May 21, 2026.
- F3. The number of ordinary shares reported herein includes 25,300 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
Shares withheld for tax: 3,358 shares
Reference share price: $54.45 per share
Shares held after transaction: 34,746 shares
+1 more
4 metrics
Shares withheld for tax
3,358 shares
Ordinary shares withheld to satisfy tax withholding obligation on vesting
Reference share price
$54.45 per share
Closing price of ordinary shares on Nasdaq on May 21, 2026
Shares held after transaction
34,746 shares
Ordinary shares reported as owned following the tax-withholding disposition
Deferred bonus underlying shares
25,300 shares
Shares underlying deferred bonus plan awards included in reported holdings
Key Terms
tax withholding obligation, deferred bonus plan awards, vesting, contingent right
4 terms
tax withholding obligation financial
"Represents the number of ordinary shares withheld to satisfy the tax withholding obligation in connection with the vesting"
deferred bonus plan awards financial
"vesting of certain previously reported shares underlying deferred bonus plan awards"
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.
vesting financial
"withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each award represents a contingent right to receive one (1) ordinary share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Marex Group (MRX) disclose for its CFO?
Marex Group disclosed that CFO Rob Irvin had 3,358 ordinary shares withheld to cover tax obligations on vesting deferred bonus plan awards. This was a tax-withholding disposition, not an open-market purchase or sale, and reflects routine compensation-related activity.
What are the deferred bonus plan awards mentioned in the Marex (MRX) Form 4?
Deferred bonus plan awards are equity-based compensation where each award represents a contingent right to receive one ordinary share upon vesting and settlement. In this filing, 25,300 such underlying shares are included in the CFO’s reported holdings after the tax-related share withholding.
Was the Marex (MRX) CFO’s Form 4 transaction an open-market sale or purchase?
The transaction was not an open-market trade. It was coded as an F transaction, meaning shares were delivered to satisfy a tax liability. Specifically, 3,358 ordinary shares were withheld automatically in connection with the vesting of previously reported deferred bonus plan awards.