MacroGenics grants director 44,000 stock options
The option and restricted stock unit awards have separate vesting schedules, with option vesting beginning one month after grant.
Sentiment and the balance of points
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Rhea-AI Filing Summary
MacroGenics (MGNX) director Michael Vasconcelles received awards of 44,000 stock options and 7,500 restricted stock units on October 30, 2026. The options have a $2.40 exercise price and vest in monthly, cumulative 1/36th increments, rounded up to whole shares, beginning one month after grant; they expire October 30, 2036. Each restricted stock unit represents a contingent right to one common share and vests 33% one year after grant and 33% each year thereafter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 44,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit F2 | 7,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. The option will vest and become exercisable in monthly, cumulative 1/36th increments (rounded upwards for whole shares) beginning one month from the date of grant.
- F2. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest as to 33% of the total shares one year after the date of grant and 33% each year thereafter.
Key Figures
Key Terms
Stock Option (right to buy) technical
Restricted Stock Unit technical
contingent right technical
monthly, cumulative 1/36th increments technical
FAQ
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How many securities were included in Michael Vasconcelles' MGNX award?
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