Marex (MRX) President Simon Van Den Born Withholds 13,215 Shares

What Happened

• Simon Van Den Born, President of Marex Group Ltd (MRX), had 13,215 ordinary shares withheld (disposed) on Sept 7, 2026 to satisfy tax withholding tied to the vesting of LTIP awards. The withholding used a per-share price of $78.27 for a total value of about $1,034,338.

Key Details

• Transaction date and price: Sept 7, 2026; price reported $78.27 (footnote says this is the Nasdaq close on Sept 4, 2026).
• Transaction type: F — tax withholding (shares withheld/disposed to cover tax liability on vested awards), not an open-market investment decision.
• Amount: 13,215 shares withheld, proceeds ≈ $1,034,338.
• Shares owned after transaction: Not explicitly stated in this Form 4. The filing notes included contingent awards: 20,367 shares underlying the 2022 Annual LTIP and 272,659 shares underlying deferred bonus awards (each a right to receive one share upon vesting) (see footnote F3).
• Timeliness: Reported on Sept 9, 2026 for a Sept 7 transaction; filing appears timely (within the Form 4 reporting window).

Context

• This was a routine cashless withholding to cover tax on vested equity (per footnote F1), commonly seen when restricted shares or similar awards vest. Such withholdings are administrative and do not necessarily indicate bullish or bearish views by the insider.