MarketAxess 8-K: Officer Changes & Disclosure
Ticker: MKTX · Form: 8-K · Filed: Feb 26, 2024 · CIK: 1278021
| Field | Detail |
|---|---|
| Company | Marketaxess Holdings Inc (MKTX) |
| Form Type | 8-K |
| Filed Date | Feb 26, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.003, $450,000, $800,000, $1.15 million, $2.7 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: officer-changes, regulation-fd, corporate-governance
TL;DR
**MarketAxess just filed an 8-K about officer changes and disclosures, keep an eye on leadership shifts!**
AI Summary
MarketAxess Holdings Inc. filed an 8-K on February 26, 2024, reporting an event that occurred on February 21, 2024. The filing pertains to Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers," and Item 7.01, "Regulation FD Disclosure," along with Item 9.01, "Financial Statements and Exhibits." The company's business address is 55 Hudson Yards, New York, New York 10001.
Why It Matters
This filing indicates potential changes in leadership or executive compensation at MarketAxess, which could impact the company's strategic direction and financial performance.
Risk Assessment
Risk Level: medium — Changes in officers or their compensation can introduce uncertainty regarding future company strategy and stability.
Key Numbers
- 001-34091 — Commission File Number (SEC identification for MarketAxess)
- 20240221 — Earliest Event Date (Date of the reported event)
- 20240226 — Filing Date (Date the 8-K was filed)
Key Players & Entities
- MarketAxess Holdings Inc. (company) — Registrant
- February 21, 2024 (date) — Date of earliest event reported
- February 26, 2024 (date) — Filing date
- 55 Hudson Yards, New York, New York 10001 (company) — Principal executive offices address
- 001-34091 (dollar_amount) — Commission File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 21, 2024.
Which items of Form 8-K are disclosed in this filing?
This filing discloses information under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers), Item 7.01 (Regulation FD Disclosure), and Item 9.01 (Financial Statements and Exhibits).
What is the business address of MarketAxess Holdings Inc. as stated in the filing?
The business address of MarketAxess Holdings Inc. is 55 Hudson Yards, New York, New York 10001.
What is the Commission File Number for MarketAxess Holdings Inc.?
The Commission File Number for MarketAxess Holdings Inc. is 001-34091.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 26, 2024.
Filing Stats: 3,002 words · 12 min read · ~10 pages · Grade level 14.1 · Accepted 2024-02-26 08:01:01
Key Financial Figures
- $0.003 — ich registered Common Stock, par value $0.003 per share MKTX NASDAQ Global Select
- $450,000 — paid a base salary at an annual rate of $450,000, payable in accordance with the Company
- $800,000 — onus pursuant to the Cash Bonus Plan is $800,000. Further, the target grant date value o
- $1.15 million — ny's 2020 Equity Incentive Plan will be $1.15 million. The award is expected to be comprised
- $2.7 million — ard (the "Cash Make-Whole Award") and a $2.7 million equity make-whole award (the "Equity Ma
Filing Documents
- d798718d8k.htm (8-K) — 46KB
- d798718dex101.htm (EX-10.1) — 38KB
- d798718dex102.htm (EX-10.2) — 26KB
- d798718dex103.htm (EX-10.3) — 72KB
- d798718dex104.htm (EX-10.4) — 30KB
- d798718dex991.htm (EX-99.1) — 6KB
- g798718g0223040431768.jpg (GRAPHIC) — 3KB
- g798718g0224013550693.jpg (GRAPHIC) — 12KB
- 0001193125-24-045398.txt ( ) — 414KB
- mktx-20240221.xsd (EX-101.SCH) — 3KB
- mktx-20240221_lab.xml (EX-101.LAB) — 17KB
- mktx-20240221_pre.xml (EX-101.PRE) — 11KB
- d798718d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits: 10.1 Letter Agreement dated as of February 21, 2024, by and between Ilene Fiszel Bieler and MarketAxess Holdings Inc. + 10.2 Form of 2024 Restricted Stock Unit Agreement (Non-Deferred) for U.S.-based executive officers other than Richard M. McVey pursuant to the MarketAxess Holdings Inc. 2020 Equity Incentive Plan 10.3 Severance Protection Agreement, dated as of February 21, 2024, by and between Ilene Fiszel Bieler and MarketAxess Holdings Inc. 10.4 Proprietary Information and Non-Competition Agreement, dated as of February 21, 2024, by and between Ilene Fiszel Bieler and MarketAxess Holdings Inc. 99.1 Press Release issued by MarketAxess Holdings Inc. on February 26, 2024. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document). Certain confidential information, identified by bracketed asterisks "[*****]" has been omitted from this exhibit pursuant to Item 601(b)(10) of Regulation S-K because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. + Certain schedules and other similar attachments to this exhibit have been omitted from this filing pursuant to Item 601(a)(5) of Regulation S-K. The registrant will provide a copy of such omitted documents to the Securities and Exchange Commission upon request.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MARKETAXESS HOLDINGS INC. Date: February 26, 2024 By: /s/ Scott Pintoff Name: Scott Pintoff Title: General Counsel & Corporate Secretary