Begleiter Steven L 4
Research Summary
AI-generated summary
MarketAxess Director Steven Begleiter Receives RSU Award
What Happened
Steven L. Begleiter, a director of MarketAxess Holdings Inc. (MKTX), was granted 1,390 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports the acquisition at $0.00 (award/grant), indicating these were granted as compensation rather than an open‑market purchase or sale.
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 12, 2026.
- Transaction type/code: Award/Grant (A). Price reported: $0.00 (no cash paid).
- Shares/units granted: 1,390 restricted stock units.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: F1 — Grant of restricted stock units pursuant to the Company’s 2020 Equity Incentive Plan.
- Filing timeliness: Form 4 was filed two days after the grant (within the normal two‑business‑day reporting window).
Context
RSU grants are a form of equity compensation and do not represent an open‑market purchase or sale by the insider. Vesting schedule or other restrictions were not detailed on the Form 4; such grants are generally intended as compensation and do not, by themselves, indicate the insider’s short‑term market view.