MacroGenics director converts 15,831 RSUs to shares
MacroGenics director Scott Koenig converted 15,831 restricted stock units into an equal number of MacroGenics common shares on February 8, 2026, at an exercise price of $0 per share.
Rhea-AI Filing Summary
MacroGenics director Scott Koenig converted 15,831 restricted stock units into an equal number of MacroGenics common shares on February 8, 2026, at an exercise price of $0 per share. After this conversion, he directly owned 846,075 shares of common stock and 15,832 RSUs.
The RSUs come from a 95,000-unit grant on February 8, 2024. One-third vested after one year, and half of the remaining units vested under a Separation Agreement on August 13, 2025. The rest vest in two equal annual installments on the grant anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 15,831 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,831 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock units convert into the Company's stock on a one-for-one basis.
- F2. On February 8, 2024, the reporting person was granted 95,000 restricted stock units. One-third of the restricted stock units vested after one year and one-half of the remaining units vested pursuant to the reporting person's "Separation Agreement" on August 13, 2025. The remaining units vest in two equal installments on the anniversary of the grant date.
FAQ
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What insider transaction did MacroGenics (MGNX) report for Scott Koenig?
What is the origin of the 15,831 RSUs reported for MacroGenics (MGNX)?
What does the Separation Agreement mentioned in the MacroGenics (MGNX) Form 4 affect?
AI-generated analysis. How Rhea-AI works. Not financial advice.