4Filed Aug 20, 8:00 PM ET

Marex CEO Ian Lowitt Receives 77,843-Share Award

$MRX · Marex Group Ltd

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Marex CEO Ian Lowitt Receives 77,843-Share Award

What Happened
Ian Lowitt, CEO of Marex Group Ltd (MRX), is reported to have acquired 77,843 ordinary shares as an award (code A) on August 19, 2026 at $0.00 per share. The filing notes the Remuneration Committee determined performance conditions were met for a 2023 long‑term incentive award; the award remains subject to time‑based vesting and will fully vest on September 6, 2026. The filing also references 194,411 shares underlying previously granted deferred bonus awards (contingent rights), bringing the reported total referenced in the filing to 272,254 shares (77,843 vested award + 194,411 contingent deferred awards).

Key Details

  • Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (timely; within the two-business‑day requirement).
  • Transaction type/price: Award/Grant (code A); 77,843 shares acquired at $0.00.
  • Reported holdings referenced: 77,843 vested award shares plus 194,411 deferred bonus awards (contingent) = 272,254 total referenced. Deferred awards are contingent rights to receive shares upon future vesting/settlement.
  • Footnote highlights: Award granted 2023-09-06; performance conditions met on 2026-08-19, but award remains subject to time-based vesting until 2026-09-06.
  • No indication of sales, purchases for cash, tax‑withholding settlement, or 10b5‑1 plan in this filing.

Context
This transaction is an issuance/vesting event tied to a prior long‑term incentive grant and not an open‑market buy or sale. The $0.00 price reflects that shares were awarded rather than purchased; any tax or settlement actions (e.g., withholding) are not detailed in this filing. Deferred bonus awards reported are contingent rights and will only convert to actual shares if/when those awards vest and are settled.