Opus Genetics (IRD) CEO Magrath George receives 483,639-share RSU grant
Rhea-AI Filing Summary
Opus Genetics, Inc. Chief Executive Officer and director Magrath George reported an equity award of company common stock. On January 22, 2026, he received 483,639 shares of common stock at a price of $0 per share, described as a grant of restricted stock units. After this grant, he beneficially owned 1,775,293 shares of Opus Genetics common stock in direct ownership.
The restricted stock units vest in substantially equal quarterly installments on the anniversary of the grant date over the next sixteen quarters, and vesting is conditioned on his continuing service.
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FAQ
What insider transaction did Opus Genetics (IRD) report for Magrath George?
Opus Genetics reported that Chief Executive Officer and director Magrath George received an award related to 483,639 shares of common stock on January 22, 2026, recorded at $0 per share as a grant of restricted stock units.
How many Opus Genetics (IRD) shares does Magrath George hold after this Form 4 transaction?
Following the reported grant, Magrath George beneficially owned 1,775,293 shares of Opus Genetics common stock in direct ownership.
What are the vesting terms of the restricted stock units granted to the Opus Genetics CEO?
The filing states that the grant represents restricted stock units which vest in substantially equal quarterly installments on the anniversary of the grant date over the next sixteen quarters, subject to his continuing service.
Was the insider transaction by Magrath George a purchase or a grant of Opus Genetics (IRD) stock?
The transaction was reported with code A and described in the footnote as a grant of restricted stock units, not an open-market purchase or sale.
Does Magrath George hold the Opus Genetics (IRD) shares directly or indirectly after this grant?
The Form 4 lists the 1,775,293 shares of Opus Genetics common stock as held with direct (D) ownership, with no nature of indirect beneficial ownership specified.