MACROGENICS director awarded options and RSUs
MACROGENICS INC director Edward Hurwitz reported routine equity compensation activity and an option exercise.
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Form Type
4
Rhea-AI Filing Summary
MACROGENICS INC director Edward Hurwitz reported routine equity compensation activity and an option exercise. On May 19, 2026, he received stock options for 22,000 shares of common stock at an exercise price of $4.52 per share, expiring on May 19, 2036.
He was also granted 3,750 restricted stock units (RSUs), each representing one share of common stock, which will vest one year after the grant date or the day before the next annual meeting, if earlier. On May 18, 2026, 3,750 RSUs vested and were converted into 3,750 shares of common stock, leaving him with 47,824 common shares held directly after the transactions.
Insider Trade Summary
3,750 shares exercised/converted
Exercise
4 txns
Insider
HURWITZ EDWARD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,750 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 22,000 | $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:
Restricted Stock Unit — 3,750 contracts (Direct);
Stock Option (right to buy) — 22,000 contracts (Direct);
Common Stock — 47,824 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 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.
- 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 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.
Key Figures
Stock options granted: 22,000 shares
Option exercise price: $4.52 per share
Option expiration: May 19, 2036
+3 more
6 metrics
Stock options granted
22,000 shares
Stock Option grant on May 19, 2026
Option exercise price
$4.52 per share
Exercise price of options expiring May 19, 2036
Option expiration
May 19, 2036
Expiration date of 22,000-share option grant
RSUs granted
3,750 units
Restricted Stock Unit grant on May 19, 2026
RSUs vested and converted
3,750 shares
RSUs vested and converted into common stock on May 18, 2026
Common shares after transactions
47,824 shares
Total common stock held directly after May 18, 2026 transaction
Key Terms
Restricted Stock Unit, Stock Option, vest, Annual Meeting of Stockholders, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
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 financial
"Stock Option (right to buy) with an exercise price of $4.5200 per share"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vest financial
"The RSUs vested on May 18, 2026, one day prior to the Annual Meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of Stockholders financial
"the Issuer's 2026 Annual Meeting of Stockholders held on May 19, 2026"
Exercise or conversion of derivative security financial
"transaction code description is Exercise or conversion of derivative security"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Edward Hurwitz receive from MACROGENICS INC (MGNX)?
Edward Hurwitz received stock options for 22,000 shares and 3,750 restricted stock units. The options have a $4.52 exercise price and expire on May 19, 2036, while the RSUs each represent a right to one share of common stock.
When do the newly granted MACROGENICS (MGNX) RSUs to Edward Hurwitz vest?
The newly granted 3,750 RSUs will vest one year after the May 19, 2026 grant date, or the day before the next annual meeting, if earlier. Vesting must occur before shares of common stock are delivered to the director.
What RSU vesting and conversion to common stock did MACROGENICS (MGNX) report?
On May 18, 2026, 3,750 RSUs held by Edward Hurwitz vested and were converted into 3,750 shares of MACROGENICS common stock. Each RSU represented a contingent right to receive one share of the company’s common stock.
What are the key terms of Edward Hurwitz’s MACROGENICS stock options?
The stock options cover 22,000 shares of common stock at an exercise price of $4.52 per share. They vest in monthly cumulative 1/12th increments starting one month after the May 19, 2026 grant date and expire on May 19, 2036.
Is Edward Hurwitz’s MACROGENICS (MGNX) Form 4 primarily a buy or sell filing?
The Form 4 reports acquisitions of equity awards and an option-related share acquisition, not open-market buys or sales. All four transactions are coded as acquisitions, including grants of options and RSUs and an exercise of previously granted restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
