SCHICIANO KENNETH T 4
Research Summary
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MarketAxess Director Kenneth T. Schiciano Receives Award (259 RSUs)
What Happened Kenneth T. Schiciano, a director of MarketAxess Holdings Inc. (MKTX), was granted 259 restricted stock units (RSUs) on 2026-03-01. The Form 4 reports the acquisition price as $0.00 (award), so the reported acquisition value is $0; the economic value will depend on MKTX’s share price when the RSUs vest and convert to shares.
Key Details
- Transaction date and price: 2026-03-01; 259 RSUs granted at $0.00 (code A — award/grant).
- Vesting: RSUs vest on the earlier of the next annual shareholders’ meeting or the one-year anniversary of the grant (per footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- Filing: Form 4 filed 2026-03-02 (one day after the transaction), which appears timely under standard reporting rules.
Context Restricted stock units are awards that convert to shares upon vesting; they are a form of compensation rather than an open-market purchase or sale and do not by themselves indicate an immediate bullish or bearish trade. Director RSU grants are common as part of board compensation.