Director at MeiraGTx (NASDAQ: MGTX) receives 60,000 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MeiraGTx Holdings plc director Nicole Seligman received a grant of 60,000 restricted share units (RSUs). The award was made on June 11, 2026 and is a form of equity compensation, not an open‑market share purchase or sale.
Each RSU converts into one ordinary share upon settlement. The RSUs vest in a single installment on the earlier of June 11, 2027 or the day immediately prior to MeiraGTx’s 2027 annual shareholder meeting. Seligman elected to have the RSUs become settleable when she ceases to be a director, and following this grant she holds 60,000 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seligman Nicole
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 60,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 60,000 shares (Direct, null)
Footnotes (1)
- Each restricted share unit converts into one ordinary share upon settlement. The reporting person elected to have the restricted share units become settleable when the reporting person ceases to be a director. The restricted share units shall vest in a single annual installment upon the earlier of (i) June 11, 2027 or (ii) the day immediately prior to the date of the Issuer's annual meeting of shareholders in 2027.
Key Figures
RSUs granted: 60,000 units
Post-grant RSU holdings: 60,000 units
RSU-to-share ratio: 1 ordinary share per RSU
+1 more
4 metrics
RSUs granted
60,000 units
Restricted share units granted June 11, 2026
Post-grant RSU holdings
60,000 units
Total RSUs held after the reported grant
RSU-to-share ratio
1 ordinary share per RSU
Each restricted share unit converts into one ordinary share
Vesting date trigger
June 11, 2027
Vests earlier of June 11, 2027 or day before 2027 AGM
Key Terms
Restricted Share Units, ordinary share, vest, annual meeting of shareholders
4 terms
vest financial
"The restricted share units shall vest in a single annual installment upon the earlier of (i) June 11, 2027 or (ii) the day immediately prior to the date of the Issuer's annual meeting of shareholders in 2027."
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.
FAQ
What insider transaction did MeiraGTx (MGTX) report for Nicole Seligman?
Nicole Seligman reported receiving 60,000 restricted share units as equity compensation. The RSUs were granted on June 11, 2026 and are not an open-market purchase or sale, but a stock-based award linked to her role as a director.
How many MeiraGTx RSUs did Nicole Seligman receive in this Form 4?
Nicole Seligman received 60,000 restricted share units from MeiraGTx. Each RSU represents a right to receive one ordinary share upon settlement, giving her potential future ownership in the company aligned with shareholder interests if vesting and settlement conditions are met.
When do Nicole Seligman’s MeiraGTx RSUs vest according to the Form 4?
The RSUs vest in a single annual installment on the earlier of June 11, 2027 or the day immediately prior to MeiraGTx’s 2027 annual shareholder meeting. This schedule ties vesting to a clear future date and the company’s governance calendar.
What are the settlement terms of Nicole Seligman’s MeiraGTx RSUs?
Each restricted share unit converts into one ordinary share upon settlement. Seligman elected that the RSUs become settleable when she ceases to be a director, so the actual share delivery occurs when her board service ends, subject to the vesting conditions.
How many MeiraGTx RSUs does Nicole Seligman hold after this grant?
After this grant, Nicole Seligman holds 60,000 restricted share units. This figure represents her reported RSU position following the award and shows the scale of equity-based compensation currently tied to her MeiraGTx directorship in this filing.