MacroGenics (MGNX) VP Beth Smith logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MacroGenics VP, Controller & Treasurer Beth Ann Smith reported routine equity compensation activity involving restricted stock units (RSUs) and common stock. On February 7, 2026, 2,617 RSUs converted into 2,617 shares of common stock at an exercise price of $0, with 1,011 shares of common stock withheld at $1.81 per share, leaving 11,138 shares directly owned afterward. On February 8, 2026, a further 1,583 RSUs converted into 1,583 shares of common stock at $0, with 612 shares withheld at $1.81 per share, resulting in 12,109 common shares directly owned. RSUs convert into company stock on a one-for-one basis, and remaining RSU balances after these transactions were 5,233 and 1,584 units for the two respective grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,200 shares exercised/converted
Mixed
6 txns
Insider
Smith Beth Ann
Role
VP, Controller & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,583 | $0.00 | -- |
| Exercise | Common Stock | 1,583 | $0.00 | -- |
| Tax Withholding | Common Stock | 612 | $1.81 | $1K |
| Exercise | Restricted Stock Unit | 2,617 | $0.00 | -- |
| Exercise | Common Stock | 2,617 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,011 | $1.81 | $2K |
Holdings After Transaction:
Restricted Stock Unit — 1,584 shares (Direct);
Common Stock — 12,721 shares (Direct)
Footnotes (1)
- Restricted stock units convert into the Company's stock on a one-for-one basis. On February 7, 2025, the reporting person was granted 7,850 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. On February 8, 2024, the reporting person was granted 4,750 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did MacroGenics (MGNX) report for Beth Ann Smith?
Beth Ann Smith reported RSU vesting and related common stock transactions. On February 7 and 8, 2026, RSUs converted into common shares at $0 exercise price, with portions of the resulting stock withheld at $1.81 per share, typically for tax obligations.
What restricted stock unit activity for MGNX did the Form 4 disclose?
The Form 4 shows RSUs converting one-for-one into MacroGenics stock. On February 7, 2026, 2,617 RSUs converted, and on February 8, 1,583 RSUs converted. Remaining reported RSU balances were 5,233 units from a 2025 grant and 1,584 units from a 2024 grant.
What are the key details of Beth Ann Smith’s RSU grants mentioned in the Form 4?
One grant on February 7, 2025 covered 7,850 RSUs vesting in three equal annual installments from the first anniversary. Another grant on February 8, 2024 covered 4,750 RSUs, also vesting in three equal annual installments beginning on the first anniversary of the grant date.
What role does Beth Ann Smith hold at MacroGenics (MGNX) according to the filing?
Beth Ann Smith is identified as an officer of MacroGenics, serving as VP, Controller & Treasurer. The reported RSU vesting and common stock transactions reflect her compensation-related equity awards as an executive within the company’s leadership team.