Marex Group (MRX) clearing head sells 14,427 shares, retains 242,658
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marex Group plc executive Thomas Texier, Group Head of Clearing, reported open-market sales of company ordinary shares. On April 1, 2026, he sold 9,589 shares at a weighted average price of $43.2754 and 4,838 shares at a weighted average price of $43.9743 under a pre-arranged Rule 10b5-1 plan entered into on September 10, 2025.
Following these transactions, Texier directly holds 242,658 ordinary shares of Marex Group plc. This figure includes 192,348 shares underlying deferred bonus plan awards, each representing a contingent right to receive one ordinary share upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,427 shares ($627,715)
Net Sell
2 txns
Insider
Texier Thomas
Role
Group Head of Clearing
Sold
14,427 shs ($628K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 9,589 | $43.2754 | $415K |
| Sale | Ordinary Shares | 4,838 | $43.9743 | $213K |
Holdings After Transaction:
Ordinary Shares — 247,496 shares (Direct)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan entered into by the Reporting Person on September 10, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $42.77 to $43.7650 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $43.77 to $44.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The number of ordinary shares reported herein includes 192,348 shares underlying deferred bonus plan awards previously granted to the Reporting Person. Each award represents a contingent right to receive one (1) ordinary share of the Issuer upon vesting and settlement of the applicable award.
Key Figures
Shares sold (first trade): 9,589 shares
Price per share (first trade): $43.2754 per share
Shares sold (second trade): 4,838 shares
+5 more
8 metrics
Shares sold (first trade)
9,589 shares
Open-market sale of ordinary shares on April 1, 2026 at $43.2754
Price per share (first trade)
$43.2754 per share
Weighted average sale price for 9,589 shares on April 1, 2026
Shares sold (second trade)
4,838 shares
Open-market sale of ordinary shares on April 1, 2026 at $43.9743
Price per share (second trade)
$43.9743 per share
Weighted average sale price for 4,838 shares on April 1, 2026
Total shares sold
14,427 shares
Combined open-market sales reported in the Form 4
Shares held after transactions
242,658 shares
Direct Marex Group ordinary share holdings after April 1, 2026 sales
Deferred bonus plan awards
192,348 shares
Shares underlying deferred bonus plan awards included in holdings
Rule 10b5-1 plan date
September 10, 2025
Date Texier entered into pre-arranged trading plan
Key Terms
Rule 10b5-1 plan, weighted average price, deferred bonus plan awards, contingent right
4 terms
Rule 10b5-1 plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan entered into"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
deferred bonus plan awards financial
"The number of ordinary shares reported herein includes 192,348 shares underlying deferred bonus plan awards previously granted"
Deferred bonus plan awards are payments promised to employees or executives that are earned now but paid out later, often only if certain performance goals are met or the employee remains with the company. For investors, they matter because they influence management’s incentives and company expenses over time—like a delayed paycheck that encourages someone to stay and meet targets—and can affect future cash needs, reported compensation costs, and potential share dilution.
contingent right financial
"Each award represents a contingent right to receive one (1) ordinary share of the Issuer upon vesting"
FAQ
What insider transaction did Marex Group (MRX) report for Thomas Texier?
Marex Group (MRX) reported that executive Thomas Texier conducted open-market sales of ordinary shares. On April 1, 2026, he sold a total of 14,427 shares in two separate transactions at weighted average prices above $43 per share.
Was the Marex Group (MRX) insider sale by Thomas Texier under a Rule 10b5-1 plan?
Yes. The filing states the Marex Group (MRX) share sale by Thomas Texier was executed under a Rule 10b5-1 trading plan. This pre-arranged plan was entered into on September 10, 2025, indicating the transactions were scheduled in advance.
What does the weighted average price mean in the Marex Group (MRX) Form 4 filing?
The weighted average price in the Marex Group (MRX) Form 4 filing reflects multiple trades within a price range. For Texier’s sales, shares were sold between $42.77 and $44.32, and the reported prices combine those individual trades into single weighted averages for disclosure.