Marex president has shares withheld for taxes
Marex Group plc President Simon Van Den Born reported a tax-related share disposition tied to deferred bonus awards.
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Rhea-AI Filing Summary
Marex Group plc President Simon Van Den Born reported a tax-related share disposition tied to deferred bonus awards. On the vesting of previously granted deferred bonus plan awards, 43,712 ordinary shares were withheld to satisfy his tax withholding obligation, using a reference price of $54.45 per share, the closing price on May 21, 2026. After this withholding, he beneficially owns 1,465,252 ordinary shares, which the filing notes includes 272,659 shares underlying deferred bonus plan awards that represent contingent rights to receive one ordinary share per award upon future vesting and settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 43,712 | $54.45 | $2.38M |
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 272,659 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 financial
FAQ
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What insider transaction did Marex Group (MRX) report for Simon Van Den Born?
What are the deferred bonus plan awards mentioned in the Marex (MRX) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.