Tax withholding trims Marex (MRX) director stake to 21,701 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marex Group plc director John W. Pietrowicz reported a routine tax-related share disposition. In connection with the vesting of previously reported restricted share awards, 558 ordinary shares were withheld to satisfy tax obligations, using a reference price of $52.94 per share. After this withholding, he directly holds 21,701 ordinary shares, and no open-market buy or sell transaction occurred.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pietrowicz John W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 558 | $52.94 | $30K |
Holdings After Transaction:
Ordinary Shares — 21,701 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
Shares withheld for taxes: 558 shares
Reference share price: $52.94 per share
Shares held after transaction: 21,701 shares
3 metrics
Shares withheld for taxes
558 shares
Tax withholding on vesting of restricted share awards
Reference share price
$52.94 per share
Closing price on Nasdaq on May 29, 2026
Shares held after transaction
21,701 shares
Ordinary shares directly held after tax withholding
Key Terms
restricted share awards, tax withholding obligation, ordinary shares
3 terms
tax withholding obligation financial
"withheld to satisfy the tax withholding obligation in connection with the vesting"
FAQ
What did Marex Group (MRX) director John W. Pietrowicz report on this Form 4?
He reported a tax-related share disposition. 558 ordinary shares were withheld to cover taxes from vesting restricted share awards, and he now directly holds 21,701 ordinary shares in Marex Group plc.
Was the Marex Group (MRX) Form 4 transaction an open-market sale?
No, it was not an open-market sale. The 558 shares were withheld by the issuer to satisfy a tax withholding obligation tied to vesting restricted share awards, rather than being sold on the market.
What triggered the tax withholding transaction for Marex Group (MRX)?
The tax withholding was triggered by the vesting of previously reported restricted share awards. When those awards vested, 558 ordinary shares were withheld to cover the associated tax obligation instead of being delivered as additional freely held shares.