Marex (MRX) President Simon van den Born Receives 33,582-Share Award

What Happened

• Simon van den Born, President of Marex Group Ltd (MRX), was reported as acquiring 33,582 ordinary shares on Aug 19, 2026 via an award under the company's 2022 Annual Long Term Incentive Plan. The shares were recorded at $0.00 (no cash paid). The award was performance-conditioned and the Remuneration Committee determined the performance targets were met on Aug 19, 2026; the award remains subject to time-based vesting and will fully vest on Sep 6, 2026.

Key Details

• Transaction date and price: 2026-08-19; 33,582 shares at $0.00 reported as an award/grant (code A).
• Other contingent awards disclosed: 272,659 shares underlying prior deferred bonus awards; total contingent awards reported = 306,241 shares (each contingent right converts to one ordinary share upon vesting/settlement).
• Filing: Form 4 filed Aug 21, 2026 (appears timely within the usual two business-day reporting window).
• Vesting notes: Original award grant date was Sep 6, 2023 (per footnote); performance conditions were met Aug 19, 2026, but settlement is subject to continued service/time-based vesting until Sep 6, 2026.

Context

• This was an equity award (non-cash grant), not an open-market purchase or sale. The shares are contingent until they vest and are typically not immediately tradeable. Such awards reflect compensation and plan mechanics rather than an insider buying or selling stock on the open market.