secwatch.observer — SEC 8-K summary
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Issuer:     MARKETAXESS HOLDINGS INC (MKTX)
CIK:        0001278021
Form:       8-K/A
Filed at:   2024-05-30T23:59:59+00:00
Accession:  0001193125-24-150352
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketAxess CFO's make-whole awards reduced to zero, replaced with $750K sign-on equity
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- Cash make-whole award of $1.15M and equity make-whole award of $2.7M expected to be reduced to zero due to former employer arrangements.
- New sign-on equity award of $750K granted June 3, 2024: 50% RSUs vesting over 3 years, 50% PSUs cliff-vesting in 3 years.
- PSU performance period Jan 1, 2025-Dec 31, 2026 with criteria similar to other executive officers' 2024 PSUs.
- If make-whole awards become payable, company can reduce them by $750K.
- Ilene Fiszel Bieler started as CFO on May 23, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278021/000119312524150352/0001193125-24-150352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278021/000119312524150352/d783269d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-150352

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