Texier Thomas 4

What Happened
Thomas Texier, Group Head of Clearing at Marex Group plc (MRX), had 19,640 ordinary shares withheld on May 22, 2026 to satisfy tax withholding related to the vesting of deferred bonus awards. The shares are reported at $54.45 each, for a notional value of $1,069,398; the filing classifies the disposition as code F (payment of exercise price or tax liability), meaning shares were withheld rather than sold on the open market.

Key Details

• Transaction date: May 22, 2026; filing date (Accession): May 27, 2026 (filed 5 days after the transaction — later than the usual 2-business-day Form 4 window).
• Shares withheld/disposed: 19,640 at $54.45 (price reported is the Nasdaq closing price on May 21, 2026 per footnote).
• Reported value: $1,069,398.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: the share withholding satisfied tax obligations tied to vesting of deferred bonus plan awards. Another footnote indicates the reporting person has 150,563 shares underlying previously granted deferred bonus awards that convert to ordinary shares upon vesting.

Context
This is an administrative, routine disposition (shares withheld to cover taxes on vested awards), not an open-market sale expressing sentiment. For derivative/award transactions like this, withheld shares are commonly used for tax purposes (a cashless settlement) and do not necessarily indicate the insider’s view on the company’s stock.