Marex Group (MRX) has shares withheld to cover executive tax obligations
Rhea-AI Filing Summary
Marex Group plc executive Thomas Texier, Group Head of Clearing, reported a tax-related share disposition. On May 22, 2026, 19,640 ordinary shares were withheld to satisfy tax withholding obligations tied to the vesting of previously reported deferred bonus plan awards. The value per share was $54.45, the closing price of Marex’s ordinary shares on Nasdaq on May 21, 2026. Following this withholding, Texier is reported as holding 208,591 ordinary shares, which includes 150,563 shares underlying deferred bonus plan awards that provide a contingent right to receive one ordinary share upon vesting and settlement. This transaction reflects tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 19,640 | $54.45 | $1.07M |
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 150,563 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
deferred bonus plan awards financial
contingent right financial
vesting and settlement financial
AI-generated analysis. How Rhea-AI works. Not financial advice.