Marex Group plc·4

Apr 2, 4:05 PM ET

Van Den Born Simon 4

Research Summary

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Marex Group (MRX) President Simon Van Den Born Sells Shares

What Happened

  • Simon Van Den Born, President of Marex Group plc (MRX), sold a total of 13,264 ordinary shares in two transactions on April 1, 2026. He sold 8,710 shares at a weighted average price of $43.27 for proceeds of $376,867, and 4,554 shares at a weighted average price of $43.97 for proceeds of $200,238 — total proceeds ≈ $577,105. These were sales (S), not purchases.

Key Details

  • Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
  • Prices/ranges: first lot weighted avg $43.27 (individual trades in that lot ranged $42.77–$43.7650); second lot weighted avg $43.97 (individual trades in that lot ranged $43.77–$44.29).
  • Total shares sold: 13,264; total proceeds ≈ $577,105.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • Sale was made under a pre-arranged Rule 10b5-1 trading plan entered Dec 12, 2025 (Footnote F1).
    • Weighted-average prices and per-trade price ranges are disclosed; the reporting person will provide per-price sale counts on request (F2, F3).
    • Filing notes 383,741 shares underlying deferred bonus awards previously granted to the reporting person (these are contingent awards that may convert to shares upon vesting) (F4).

Context

  • Because the sales were made under a Rule 10b5-1 plan, they were pre-scheduled trades and do not necessarily reflect the insider’s current view of the company. Sales are common for liquidity or tax-planning reasons; they are generally less informative about insider sentiment than purchases.