Mirwani Nitin A 4

What Happened
Nitin Mirwani, Chief Accounting Officer of MarketAxess Holdings, was granted 1,766 restricted stock units (RSUs) on February 15, 2026. The filing lists the acquisition price as $0.00 (an award/grant), so no cash was paid by the insider; this is a compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date and filing: grant dated 2026-02-15; Form 4 filed 2026-02-17 (timely).
• Transaction type/code: Award/Grant (Code A). Reported price per share: $0.00; reported value: $0.
• Award specifics: 1,766 restricted stock units granted under the Company’s 2020 Equity Incentive Plan.
• Vesting schedule (footnote): 34% vest on 2027-02-15, 33% on 2028-02-15, and 33% on 2029-02-15.
• Shares owned after transaction: not specified in this filing.
• No mention of tax withholding, 10b5‑1 plan, or late filing.

Context
RSU grants are a form of equity compensation and convert to actual shares only as they vest; they do not represent an immediate purchase or sale. Such awards are common in executive compensation and do not by themselves indicate a buy/sell signal. Upon vesting the shares will generally be taxable and could be sold or retained subject to company and reporting rules.