Marex Group (MRX) CEO sells 37,143 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marex Group plc Chief Executive Officer Ian T. Lowitt reported open-market sales of a total of 37,143 Ordinary Shares on June 12, 2026, executed under a pre-arranged Rule 10b5-1 plan. The shares were sold at weighted average prices in the low-$60s per share.
Following these transactions, Lowitt directly holds 2,831,358 Ordinary Shares, which includes 194,411 shares underlying deferred bonus plan awards that represent contingent rights to receive one share each upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 37,143 shares ($2,316,498)
Net Sell
2 txns
Insider
Lowitt Ian T
Role
Chief Executive Officer
Sold
37,143 shs ($2.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 32,813 | $62.2916 | $2.04M |
| Sale | Ordinary Shares | 4,330 | $62.9384 | $273K |
Holdings After Transaction:
Ordinary Shares — 2,835,688 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan entered into by the Reporting Person on March 12, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $61.81 to $62.80, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $62.81 to $63.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The number of ordinary shares reported herein includes 194,411 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 sold (total): 37,143 shares
First trade size: 4,330 shares
First trade weighted average price: $62.9384 per share
+4 more
7 metrics
Shares sold (total)
37,143 shares
Ordinary Shares sold on June 12, 2026
First trade size
4,330 shares
Open-market sale of Ordinary Shares
First trade weighted average price
$62.9384 per share
Prices ranged from $62.81 to $63.37
Second trade size
32,813 shares
Open-market sale of Ordinary Shares
Second trade weighted average price
$62.2916 per share
Prices ranged from $61.81 to $62.80
Shares held after transactions
2,831,358 shares
Directly held Ordinary Shares following sales
Deferred bonus plan shares
194,411 shares
Underlying deferred bonus plan awards included in holdings
Key Terms
Rule 10b5-1 plan, weighted average price, deferred bonus plan awards, contingent right
4 terms
Rule 10b5-1 plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan entered into by the Reporting Person on March 12, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
deferred bonus plan awards financial
"The number of ordinary shares reported herein includes 194,411 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.
contingent right financial
"Each award represents a contingent right to receive one (1) ordinary share of the Issuer upon vesting and settlement of the applicable award."
FAQ
What did Marex Group (MRX) CEO Ian T. Lowitt report in this Form 4?
Ian T. Lowitt reported selling 37,143 Marex Group Ordinary Shares in open-market transactions. These trades occurred on June 12, 2026, and were executed pursuant to a pre-arranged Rule 10b5-1 trading plan disclosed in the filing’s footnotes.
What is disclosed about the price ranges for the Marex Group (MRX) CEO’s sales?
The filing reports weighted average prices but notes underlying trades. One block sold between $61.81 and $62.80 per share, and the other between $62.81 and $63.37. The reporting person offers to provide full price breakdowns upon request.
What are the deferred bonus plan awards mentioned for Marex Group (MRX) CEO?
The CEO’s reported holdings include 194,411 shares underlying deferred bonus plan awards. Each award represents a contingent right to receive one Marex Group Ordinary Share upon vesting and settlement of the applicable deferred compensation award.