MGTX (MGTX) affiliate files to sell 56,000 ordinary shares via Form 144
Rhea-AI Filing Summary
An affiliate of MGTX has filed to potentially sell up to 56,000 ordinary shares through Merrill Lynch on the NASDAQ market, with an aggregate market value of $700,560, based on a share balance of 92,609,516 ordinary shares outstanding. The shares proposed for sale arise from Incentive Compensation Stock Grants dated September 7, 2018 (1,569 shares) and December 7, 2018 (54,431 shares), and are listed for a proposed sale date of July 21, 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 56,000 ordinary shares
Aggregate market value: $700,560
Shares outstanding: 92,609,516 ordinary shares
+3 more
6 metrics
Shares to be sold
56,000 ordinary shares
Proposed sale under Form 144
Aggregate market value
$700,560
Value of 56,000 ordinary shares proposed for sale
Shares outstanding
92,609,516 ordinary shares
Ordinary shares outstanding cited in the Form 144
Grant from 09/07/2018
1,569 ordinary shares
Incentive Compensation Stock Grant from issuer
Grant from 12/07/2018
54,431 ordinary shares
Incentive Compensation Stock Grant from issuer
Proposed sale date
07/21/2026
Date for proposed sale of 56,000 ordinary shares
Key Terms
Form 144, Ordinary Shares, aggregate market value, Incentive Compensation Stock Grant
4 terms
Form 144 regulatory
"Form 144: Filer Information and securities to be sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
aggregate market value financial
"| 56000 | 700560 | 92609516 | 07/21/2026 | NASDAQ"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Incentive Compensation Stock Grant financial
"Ordinary Shares | 09/07/2018 | Incentive Compensation Stock Grant"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing by MGTX indicate?
The Form 144 indicates an affiliate of MGTX may sell up to 56,000 ordinary shares through Merrill Lynch on NASDAQ. The filing reflects an aggregate market value of $700,560 for these proposed sales.