MacroGenics director exercises 3,750 RSUs
MACROGENICS INC director Jay Philip Siegel exercised restricted stock units into common shares.
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Rhea-AI Filing Summary
MACROGENICS INC director Jay Philip Siegel exercised restricted stock units into common shares. On May 18, 2026, he converted 3,750 restricted stock units into 3,750 shares of common stock at a stated price of $0.00 per share.
The restricted stock units vested on May 18, 2026, one day before the company’s 2026 annual meeting of stockholders held on May 19, 2026. Following this exercise-and-hold transaction, Siegel directly owns 14,750 shares of MacroGenics common stock and no longer holds the vested RSUs as a separate derivative position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,750 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock.
- F2. 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.
Key Figures
Key Terms
Restricted Stock Unit financial
derivative security financial
Form 4 regulatory
Annual Meeting of Stockholders regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MacroGenics (MGNX) director Jay Philip Siegel report?
What happened to Jay Philip Siegel’s restricted stock units in the MacroGenics (MGNX) filing?
Was the MacroGenics (MGNX) Form 4 transaction an open-market buy or sell?
When did Jay Philip Siegel’s MacroGenics (MGNX) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.