Marex Group (MRX) director has 1,115 shares withheld for tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marex Group plc director Linda Kristine Myers reported a routine tax-related share disposition. On June 1, 2026, 1,115 ordinary shares were withheld to cover tax obligations tied to vesting of previously reported restricted share awards, using a reference price of $52.94 per share. After this withholding, she directly holds 21,144 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Myers Linda Kristine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 1,115 | $52.94 | $59K |
Holdings After Transaction:
Ordinary Shares — 21,144 shares (Direct, null)
Footnotes (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 restricted share awards. The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on May 29, 2026.
Key Figures
Tax-withholding shares: 1,115 shares
Reference share price: $52.94 per share
Post-transaction holdings: 21,144 shares
+1 more
4 metrics
Tax-withholding shares
1,115 shares
Ordinary shares withheld on June 1, 2026
Reference share price
$52.94 per share
Closing price on May 29, 2026 used in Form 4
Post-transaction holdings
21,144 shares
Ordinary shares directly held after withholding
Withholding transaction count
1 transaction
Tax-withholding disposition reported on Form 4
Key Terms
restricted share awards, tax withholding obligation, tax-withholding disposition, Ordinary Shares
4 terms
tax withholding obligation financial
"withheld to satisfy the tax withholding obligation in connection with the vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Marex Group (MRX) disclose for Linda Kristine Myers?
Marex Group disclosed that director Linda Kristine Myers had 1,115 ordinary shares withheld on June 1, 2026 to satisfy tax obligations from vesting of previously reported restricted share awards, rather than executing an open-market sale.
What does transaction code "F" mean in the Marex Group (MRX) Form 4 filing?
Transaction code “F” indicates a payment of exercise price or tax liability by delivering securities. In this case, 1,115 ordinary shares were withheld to satisfy tax obligations associated with the vesting of previously reported restricted share awards.
What awards triggered the tax-withholding disposition at Marex Group (MRX)?
The tax-withholding disposition was triggered by the vesting of certain previously reported restricted share awards. When those awards vested, 1,115 ordinary shares were withheld to meet the associated tax obligations, instead of requiring a separate cash tax payment.