MacroGenics (MGNX) director granted options, RSUs and stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MACROGENICS INC director William K. Heiden reported routine equity compensation activity. On May 19, 2026, he was granted stock options for 22,000 shares of common stock with an exercise price of $4.52 per share, expiring on May 19, 2036. He also received a grant of 3,750 restricted stock units (RSUs) that will vest one year after the grant date or the day before the next annual meeting, if earlier. On May 18, 2026, 3,750 RSUs vested and were converted into 3,750 shares of common stock, bringing his direct common stock holdings to 114,750 shares. These transactions reflect awards and an RSU vesting/exercise, with no open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,750 shares exercised/converted
Mixed
4 txns
Insider
HEIDEN WILLIAM K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,750 | $0.00 | -- |
| Grant/Award | Stock Option (right to buy) | 22,000 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,750 | $0.00 | -- |
| Exercise | Common Stock | 3,750 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,750 shares (Direct, null);
Stock Option (right to buy) — 22,000 shares (Direct, null);
Common Stock — 114,750 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock. The RSUs vested on May 18, 2026, which was one day prior to the Issuer's 2026 Annual Meeting of Stockholders held on May 19, 2026. The RSUs will vest one year after the date of grant, or the day prior to the next annual meeting, if earlier The option will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards for whole shares) beginning one month from the date of grant.
Key Figures
Option grant size: 22,000 shares
Option exercise price: $4.52 per share
Option expiration: May 19, 2036
+4 more
7 metrics
Option grant size
22,000 shares
Stock options for common stock granted May 19, 2026
Option exercise price
$4.52 per share
Exercise price of options expiring May 19, 2036
Option expiration
May 19, 2036
Expiration date of 22,000-share option grant
New RSU grant
3,750 units
RSUs granted May 19, 2026
RSUs vested and converted
3,750 shares
RSUs vested May 18, 2026 and converted to common stock
Shares held after transactions
114,750 shares
Total direct common stock holdings after May 18, 2026 conversion
Derivative exercises
3,750 shares
Exercise or conversion of derivative security reported as code M
Key Terms
Restricted Stock Unit, Stock Option (right to buy, Exercise or conversion of derivative security, Annual Meeting of Stockholders, +1 more
5 terms
Restricted Stock Unit financial
"The RSUs vested on May 18, 2026, which was one day prior to the Issuer's 2026 Annual Meeting of Stockholders"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock Option (right to buy financial
"security_title": "Stock Option (right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Annual Meeting of Stockholders financial
"one day prior to the Issuer's 2026 Annual Meeting of Stockholders held on May 19, 2026"
contingent right to receive financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
FAQ
What equity awards did MacroGenics (MGNX) grant to William K. Heiden?
William K. Heiden received stock options for 22,000 shares at an exercise price of $4.52 and a grant of 3,750 RSUs. These awards are part of his equity compensation as a director of MacroGenics.
When do William K. Heiden’s new MacroGenics RSUs vest?
The newly granted 3,750 RSUs will vest one year after the May 19, 2026 grant date, or the day prior to the next annual meeting, if earlier. Upon vesting, each RSU converts into one share of MacroGenics common stock.
What are the terms of William K. Heiden’s new MacroGenics stock options?
Heiden’s new stock options cover 22,000 shares of MacroGenics common stock with an exercise price of $4.52 per share. They vest in monthly 1/12th increments starting one month after grant and expire on May 19, 2036.