CONCANNON CHRISTOPHER R 4
4 · MARKETAXESS HOLDINGS INC · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
MarketAxess (MKTX) CEO Christopher Concannon Surrenders 349 Shares
What Happened Christopher R. Concannon, CEO of MarketAxess Holdings, surrendered 349 shares of MKTX on April 3, 2026. The shares were valued at $171.46 each, for a total of $59,840, and were disposed to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units (RSUs). This was a share surrender for taxes (transaction code F), not an open-market sale.
Key Details
- Transaction date: April 3, 2026; Filing date: April 6, 2026 (timely filing).
- Disposed: 349 shares at $171.46 per share; total value reported $59,840.
- Transaction type/code: F — shares surrendered to satisfy tax withholding upon RSU vesting.
- Footnote: F1 specifies the shares were surrendered to the company to cover the Reporting Person's tax withholding obligation on vested RSUs.
- Shares owned after the transaction: not specified in this filing.
Context Surrendering shares to cover taxes on vested RSUs is a routine administrative action and does not necessarily indicate a decision to take money off the table in the market. It is distinct from an open-market sale or a cashless exercise; here shares are returned to the company to satisfy withholding requirements.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.003 per share
[F1]2026-04-03$171.46/sh−349$59,840→ 53,600 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.