Van Den Born Simon 4
4 · Marex Group plc · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Marex (MRX) President Simon Van Den Born Withholds 43,712 Shares
What Happened
Simon Van Den Born, President of Marex Group plc (MRX), had 43,712 ordinary shares withheld on May 22, 2026 to satisfy tax withholding obligations tied to the vesting of previously reported deferred bonus awards. The withholding was valued at approximately $2,380,118 based on a reported price of $54.45 per share.
Key Details
- Transaction date: May 22, 2026 (reported on Form 4 filed May 27, 2026).
- Shares withheld/ disposed: 43,712 ordinary shares.
- Price used for value calculation: $54.45 (closing price on Nasdaq on May 21, 2026).
- Total value: ~$2,380,118.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: Shares were withheld to satisfy the tax withholding obligation on vesting of deferred bonus awards.
- F2: Price reported is the Nasdaq close on May 21, 2026.
- F3: The filing notes 272,659 shares underlying previously granted deferred bonus awards (each award is a contingent right to one ordinary share upon vesting/settlement).
- Filing timeliness: Form 4 was filed May 27, 2026 — one business day after the standard two-business-day reporting window for a May 22 transaction (appears late).
Context
This was a tax-withholding share surrender (code F), a routine administrative transaction that occurs when shares vest and the company withholds some shares to cover taxes. Such withholdings are not the same as an open-market sale and are generally not interpreted as a directional signal about the insider’s view of the stock.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1][F2][F3]2026-05-22$54.45/sh−43,712$2,380,118→ 1,465,252 total
Footnotes (3)
- [F1]Represents the number of ordinary shares withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported shares underlying deferred bonus plan awards.
- [F2]The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on May 21, 2026.
- [F3]The number of ordinary shares reported herein includes 272,659 shares underlying deferred bonus plan awards previously granted to the Reporting Person. Each award represents a contingent right to receive one (1) ordinary share of the Issuer upon vesting and settlement of the applicable award.