Pintoff Scott 4
4 · MARKETAXESS HOLDINGS INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
MarketAxess (MKTX) GC Scott Pintoff Receives Awards, Surrenders Shares
What Happened
Scott Pintoff, General Counsel and Secretary of MarketAxess Holdings (MKTX), received awards of company stock and surrendered shares to satisfy tax withholding. The filing shows 515 shares issued (performance-stock units) and a grant of 3,165 restricted stock units (RSUs). To cover tax withholding on vesting/awards, Pintoff surrendered 208 shares (worth $37,307) and 824 shares (worth $147,793) — total withheld shares 1,032 for $185,100. Net newly acquired shares from these transactions: 2,648 (3,680 granted minus 1,032 surrendered). These were awards/grants (not open-market purchases or sales).
Key Details
- Transaction dates: Feb 13, 2026 (515 shares award) and Feb 15, 2026 (3,165 shares grant; 208 and 824-share withholdings). Filing date: Feb 17, 2026 (timely per SEC business-day rules).
- Prices reported: awards @ $0.00 per share (code A); shares surrendered for tax withholding reported at $179.36 per share (code F).
- Withholding amounts: 208 shares = $37,307; 824 shares = $147,793; total withholding = $185,100.
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: Compensation committee certified performance metrics for PSUs originally granted Feb 15, 2023.
- F2/F4: Surrenders represent shares withheld by the company to satisfy tax withholding on PSU/RSU vesting.
- F3: The 3,165-share grant is RSUs under the 2020 Equity Incentive Plan that vest 34% on Feb 15, 2027, 33% on Feb 15, 2028, and 33% on Feb 15, 2029.
- Transaction codes: A = Award/Grant; F = shares surrendered for tax withholding (not an open-market sale).
Context
- These transactions are internal equity awards and routine tax-withholding actions; they are not open-market purchases or discretionary sales.
- The PSU issuance followed a committee certification of performance metrics; the RSUs are time‑vesting and will vest in installments through 2029.
- For retail investors, awards indicate compensation recognized, while withheld shares simply satisfy tax obligations and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock, par value $0.003 per share
[F1]2026-02-13+515→ 10,053 total - Tax Payment
Common Stock, par value $0.003 per share
[F2]2026-02-15$179.36/sh−208$37,307→ 9,845 total - Award
Common Stock, par value $0.003 per share
[F3]2026-02-15+3,165→ 13,010 total - Tax Payment
Common Stock, par value $0.003 per share
[F4]2026-02-15$179.36/sh−824$147,793→ 12,186 total
Footnotes (4)
- [F1]On February 13, 2026, the Compensation and Talent Committee of the Board of Directors of the Issuer certified the performance metrics relating to the performance stock units granted to the Reporting Person on February 15, 2023.
- [F2]Represents the surrender of shares to the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of the performance stock units.
- [F3]Represents a grant of restricted stock units pursuant to the Company's 2020 Equity Incentive Plan. The restricted stock units shall vest 34% on February 15, 2027, 33% on February 15, 2028, and 33% on February 15, 2029.
- [F4]Represents the surrender of shares to the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units previously granted to the Reporting Person.