Form 4: MarketAxess General Counsel Sells Shares Under 10b5-1 Plan

MarketAxess General Counsel Scott Pintoff sold 100 shares of common stock at $168.63 per share, a transaction pre-planned under Rule 10b5-1(c).

Summary

• Scott Pintoff, General Counsel and Secretary of MarketAxess Holdings Inc. (MKTX), reported a sale of company common stock.
• The transaction involved the disposition of 100 shares of common stock, par value $0.003 per share.
• The shares were sold at a price of $168.63 per share.
• The sale occurred on January 12, 2026.
• Following this transaction, Mr. Pintoff beneficially owns 9,638 shares of MarketAxess common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), indicating a pre-scheduled sale.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to an insider sale, but the impact is significantly mitigated by the small number of shares sold and the disclosure that it was executed under a Rule 10b5-1 plan, indicating a pre-scheduled transaction rather than one based on new information.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, which suggests the sale was pre-scheduled and not based on new, non-public information.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived as a lack of confidence by some investors, though the small volume and 10b5-1 plan mitigate this concern.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing reports a routine insider transaction for MarketAxess Holdings Inc.'s General Counsel. It does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but the pre-planned nature of the sale under Rule 10b5-1(c) suggests it is not indicative of a change in management's view of the company's prospects.

Key Dates

Keywords

MKTX, MarketAxess, insider trading, Form 4, stock sale, Scott Pintoff, General Counsel, 10b5-1 plan