Marex (MRX) president has 43,712 shares withheld for tax obligations
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 43,712 shares
Net Sell
1 txn
Insider
Van Den Born Simon
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 43,712 | $54.45 | $2.38M |
Holdings After Transaction:
Ordinary Shares — 1,465,252 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 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
Shares withheld for tax: 43,712 shares
Reference share price: $54.45 per share
Shares owned after transaction: 1,465,252 shares
+1 more
4 metrics
Shares withheld for tax
43,712 shares
Tax-withholding disposition on vesting of deferred bonus awards
Reference share price
$54.45 per share
Closing price on May 21, 2026 used for tax withholding
Shares owned after transaction
1,465,252 shares
Total Marex ordinary shares beneficially owned after withholding
Deferred bonus plan underlying shares
272,659 shares
Contingent rights to receive one ordinary share per award upon vesting
Key Terms
tax withholding obligation, deferred bonus plan awards, contingent right, vesting
4 terms
tax withholding obligation financial
"withheld to satisfy the tax withholding obligation in connection with the vesting"
deferred bonus plan awards financial
"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.
contingent right financial
"Each award represents a contingent right to receive one (1) ordinary share"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Marex Group (MRX) report for Simon Van Den Born?
Marex Group reported that President Simon Van Den Born had 43,712 ordinary shares withheld to cover tax obligations from vesting deferred bonus awards. This is a tax-withholding disposition, not an open-market share sale, and reflects routine handling of equity-based compensation.
What are the deferred bonus plan awards mentioned in the Marex (MRX) Form 4?
Deferred bonus plan awards are equity-based incentives that vest over time. The filing notes 272,659 shares underlying such awards for Simon Van Den Born, with each award giving a contingent right to receive one Marex ordinary share when the award vests and is settled.