Myers Linda Kristine 4
4 · Marex Group plc · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Marex (MRX) Director Linda Myers Withholds 1,115 Shares
What Happened Linda Kristine Myers, a director of Marex Group plc (MRX), had 1,115 ordinary shares withheld on June 1, 2026 to satisfy tax withholding obligations related to the vesting of previously reported restricted share awards. The shares are reported at $52.94 each, for a total value of approximately $59,028. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
- Shares withheld/disposed: 1,115 at $52.94 each = $59,028.
- Shares owned after transaction: not stated in the summary provided.
- Footnotes: F1 — shares withheld to satisfy tax withholding on vested restricted awards; F2 — price reflects the Nasdaq closing price on May 29, 2026.
- Transaction type: Code F (tax withholding); not a purchase or discretionary market sale.
Context Tax-withholding share cancellations are routine administrative transactions when restricted shares vest; they reduce the insider’s outstanding share count but do not necessarily indicate a change in the insider’s view of the company. This was not an exercise-and-sale cashless transaction, but a withholding to cover taxes on vested awards.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1][F2]2026-06-01$52.94/sh−1,115$59,028→ 21,144 total
Footnotes (2)
- [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 restricted share awards.
- [F2]The price reported represents the closing price of the Issuer's ordinary shares on the Nasdaq Stock Market LLC on May 29, 2026.