Panchal Naineshkumar Shantilal 4
4 · MARKETAXESS HOLDINGS INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
MarketAxess CIO Panchal Shantilal Withholds 1,470 Shares for Taxes
What Happened
Panchal Naineshkumar Shantilal, Chief Information Officer of MarketAxess Holdings Inc. (MKTX), surrendered 1,470 shares on 2026-03-01 at a reported price of $192.00 per share, for a total value of $282,240. This was a disposition to satisfy the Reporting Person’s tax withholding obligation upon the vesting of previously granted restricted stock units (RSUs), not an open-market sale.
Key Details
- Transaction date and price: 2026-03-01; 1,470 shares at $192.00 each.
- Total value of shares surrendered: $282,240.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — Surrender of shares to the Company to satisfy tax withholding on vested RSUs.
- Filing date: 2026-03-02 (appears timely based on the reported transaction date).
Context
This was a tax-withholding (net share settlement) transaction tied to RSU vesting, a routine administrative disposition that reduces share count to cover taxes. It is not an open-market sale and should not be interpreted on its own as a buy or sell signal about the insider’s view of the stock.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.003 per share
[F1]2026-03-01$192.00/sh−1,470$282,240→ 11,331 total
Footnotes (1)
- [F1]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.