MACROGENICS (MGNX) director Meenu Chhabra gets RSUs, options and RSU vesting
Rhea-AI Filing Summary
MACROGENICS INC director Meenu Chhabra reported routine equity compensation activity. On May 19, 2026, she received grants of 3,750 restricted stock units and 22,000 stock options with a conversion or exercise price of $4.5200 per share, both held directly. The options vest in monthly 1/12th increments beginning one month from the grant date, while the RSUs vest one year from grant or the day before the next annual meeting, if earlier.
On May 18, 2026, 3,750 RSUs vested and were exercised into 3,750 shares of common stock, increasing her directly held common stock to 14,750 shares. These transactions reflect compensation-related grants and an RSU vesting and conversion, with no open-market buys or sells reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,750 shares
Net Buy
4 txns
Insider
Chhabra Meenu
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 22,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 3,750 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 3,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,750 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 22,000 shares (Direct);
Restricted Stock Unit — 3,750 shares (Direct);
Common Stock — 14,750 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock.
- F2. 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.
- F3. The RSUs will vest one year after the date of grant, or the day prior to the next annual meeting, if earlier
- F4. 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
RSU grant: 3,750 RSUs
Option grant: 22,000 options
Option exercise price: $4.5200 per share
+3 more
6 metrics
RSU grant
3,750 RSUs
Granted on May 19, 2026 to Meenu Chhabra
Option grant
22,000 options
Granted on May 19, 2026 to buy common stock
Option exercise price
$4.5200 per share
Conversion or exercise price for 22,000 options
RSUs vested and exercised
3,750 RSUs
Vested and converted to common stock on May 18, 2026
Common shares held after
14,750 shares
Directly held by Meenu Chhabra following RSU exercise
Option vesting schedule
1/12 monthly
Options vest in monthly cumulative 1/12th increments
Key Terms
Restricted Stock Unit, Stock Option (right to buy, Exercise or conversion of derivative security, Annual Meeting of Stockholders
4 terms
Restricted Stock Unit financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock."
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
"Stock Option (right to buy) with a conversion or exercise price of 4.5200."
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
Annual Meeting of Stockholders financial
"The RSUs vested on May 18, 2026, one day prior to the Issuer's 2026 Annual Meeting of Stockholders."
FAQ
What equity awards did Meenu Chhabra receive from MACROGENICS INC (MGNX)?
Meenu Chhabra received 3,750 RSUs and 22,000 stock options. The options have a conversion or exercise price of $4.5200 per share. Both awards were granted on May 19, 2026 as part of her director compensation.
How do the new MACROGENICS INC (MGNX) stock options for Meenu Chhabra vest?
The 22,000 stock options vest monthly over one year. They become exercisable in cumulative 1/12th increments each month, starting one month after the May 19, 2026 grant date, with rounding upward to whole shares.
When will the newly granted RSUs to Meenu Chhabra at MACROGENICS (MGNX) vest?
The 3,750 RSUs vest after roughly one year. They vest one year after the May 19, 2026 grant date, or on the day before the next annual meeting of stockholders, if that occurs earlier.
What happened to Meenu Chhabra’s previously granted RSUs at MACROGENICS (MGNX)?
Previously granted RSUs vested and converted to common stock. On May 18, 2026, 3,750 RSUs vested and were exercised into 3,750 common shares, reducing RSU holdings from that grant to zero.
Does the MACROGENICS (MGNX) Form 4 show any open-market stock sales or purchases by Meenu Chhabra?
No open-market buys or sells are reported. All transactions are grants of RSUs and options or the exercise of RSUs into common stock, which are compensation-related rather than market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
