Myers Linda Kristine 4
Research Summary
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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.