Form 4: MarketAxess Director Carlos Hernandez Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Carlos Hernandez, a director at MarketAxess Holdings Inc., reported changes in his beneficial ownership of the company's common stock due to gift transactions.
Summary
- On March 20, 2025, Carlos Hernandez, a director of MarketAxess Holdings Inc., reported changes in his beneficial ownership of the company's common stock.
- He gifted 12,480 shares of common stock, resulting in a decrease in his directly owned shares to 1,549.
- Simultaneously, he acquired 12,480 shares indirectly through a Grantor Retained Annuity Trust (GRAT), increasing his indirectly held shares through GRAT 2 to 12,480.
- He also holds 7,466 shares indirectly through GRAT 1.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Form 4) detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings, which can be of interest to investors.
Stakeholder Impact
- The change in ownership may be of interest to shareholders, as it provides insight into the director's investment decisions.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of the stock gift transaction and acquisition through GRAT. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
Keywords
beneficial ownership, MarketAxess, Form 4, director, stock, MKTX, GRAT, gift
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