Irvin Rob 4
Research Summary
AI-generated summary
Marex (MRX) CFO Irvin Rob Sells 3,358 Shares to Cover Taxes
What Happened
Irvin Rob, Chief Financial Officer of Marex Group plc, had 3,358 ordinary shares disposed on May 22, 2026 to satisfy tax withholding obligations tied to the vesting of previously reported deferred bonus awards. The transaction used a closing price of $54.45 per share (reported value $182,843).
Key Details
- Transaction date: May 22, 2026; filing date: May 27, 2026 (filed within the two-business-day window given the May 25 U.S. market holiday).
- Price used: $54.45 per share (closing price on Nasdaq on May 21, 2026) — total value reported $182,843.
- Transaction code: F (shares withheld to satisfy tax withholding).
- Footnote F1: Shares were withheld to meet tax obligations on vesting of previously reported awards.
- Footnote F3: The reporting includes 25,300 shares underlying deferred bonus plan awards previously granted to the reporting person.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
This was a routine tax-withholding disposition (not an open-market sale) tied to the settlement/vesting of deferred compensation. Such withholdings are common and generally do not signal the insider’s view on the company’s stock.