Marex Group CEO reports tax share withholding

Marex Group plc reported that Nilesh Jethwa, CEO of Marex Solutions, had 39,661 Ordinary Shares withheld on May 22, 2026 to satisfy tax obligations tied to the vesting of previously granted deferred bonus plan awards.

Rhea-AI Filing Summary

Marex Group plc reported that Nilesh Jethwa, CEO of Marex Solutions, had 39,661 Ordinary Shares withheld on May 22, 2026 to satisfy tax obligations tied to the vesting of previously granted deferred bonus plan awards. This was recorded at a reference price of $54.45 per share and reflects a tax-withholding disposition rather than an open market sale. After this withholding, Jethwa beneficially owns 247,354 Ordinary Shares, which include 111,183 shares underlying deferred bonus plan awards that will be delivered upon future vesting and settlement.

Insider Trade Summary

Exercise Price or Tax Liability: 39,661 shares

Exercise Price or Tax Liability 1 txn

Insider Jethwa Nilesh

Role CEO, Marex Solutions

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Shares	39,661	$54.45	$2.16M

Holdings After Transaction: Ordinary Shares — 247,354 shares (Direct)

Footnotes (3)

1. 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.
2. F2. The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on May 21, 2026.
3. F3. The number of ordinary shares reported herein includes 111,183 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 taxes: 39,661 shares Reference share price: $54.45 per share Shares owned after transaction: 247,354 shares +1 more

4 metrics

Shares withheld for taxes 39,661 shares Tax withholding disposition on May 22, 2026 for vesting awards

Reference share price $54.45 per share Closing price on Nasdaq on May 21, 2026 used in report

Shares owned after transaction 247,354 shares Total Marex Group Ordinary Shares beneficially owned after withholding

Deferred bonus plan underlying shares 111,183 shares Shares underlying previously granted deferred bonus plan awards included in ownership

Key Terms

tax withholding obligation, deferred bonus plan awards, vesting, contingent right

4 terms

tax withholding obligation financial

"withheld to satisfy the tax withholding obligation in connection with the vesting"

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.

vesting financial

"in connection with the vesting of certain previously reported shares underlying"

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Marex Group (MRX) report for Nilesh Jethwa?

Marex Group reported that Nilesh Jethwa had 39,661 Ordinary Shares withheld to cover tax obligations from vesting deferred bonus plan awards. This was a tax-withholding disposition, not an open market purchase or sale of shares.

How many Marex Group (MRX) shares were withheld for taxes in this Form 4?

The filing shows 39,661 Marex Group Ordinary Shares were withheld to satisfy tax withholding obligations. These obligations arose when certain previously reported deferred bonus plan awards vested and settled into shares for the reporting person.

At what price were the withheld Marex Group (MRX) shares valued?

The withheld shares were valued using a price of $54.45 per Ordinary Share. The filing explains this price represents the closing price of Marex Group’s Ordinary Shares on the Nasdaq Stock Market on May 21, 2026.

How many Marex Group (MRX) shares does Nilesh Jethwa hold after this transaction?

Following the tax-withholding disposition, Nilesh Jethwa beneficially owns 247,354 Marex Group Ordinary Shares. This total includes both currently held shares and 111,183 shares underlying previously granted deferred bonus plan awards that will be delivered upon vesting.

Does this Marex Group (MRX) Form 4 show an open market sale by Nilesh Jethwa?

No. The Form 4 describes a tax-withholding disposition, where shares were withheld to satisfy tax obligations on vesting awards. It does not report an open market sale or purchase directed by the executive in the public market.

What are the deferred bonus plan awards mentioned in the Marex Group (MRX) filing?

The deferred bonus plan awards are grants that give a contingent right to receive one Ordinary Share per unit. According to the filing, 111,183 shares underlying these awards are included in Jethwa’s reported beneficial ownership and will be delivered upon vesting and settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/27/2026 - 04:05 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jethwa Nilesh

(Last) (First) (Middle)

C/O MAREX GROUP PLC, 155 BISHOPSGATE

(Street)

LONDON UNITED KINGDOM EC2M 3TQ

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Marex Group plc [ MRX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Marex Solutions

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/22/2026		F		39,661(1)	D	$54.45(2)	247,354(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on May 21, 2026.

3. The number of ordinary shares reported herein includes 111,183 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.

	/s/ Scott Linsley as Attorney-in-Fact, for Nilesh Jethwa	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)