MeiraGTx (MGTX) CMO vests 17,500 RSUs, withholds 6,729 shares for taxes
Rhea-AI Filing Summary
MeiraGTx Holdings plc Chief Medical Officer Robert K. Zeldin filed a Form 4 showing routine equity compensation activity. On January 7, 2026, 17,500 restricted share units granted on January 7, 2022 vested, with each unit converting into one ordinary share. To cover taxes on this vesting, 6,729 ordinary shares were withheld at a price of $7.73 per share rather than being sold in the open market.
After these transactions, Zeldin directly beneficially owned 147,291 ordinary shares of MeiraGTx. The filing reflects compensation-related vesting and associated tax withholding rather than discretionary market buying or selling.
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FAQ
What insider activity did MeiraGTx (MGTX) report in this Form 4?
The Form 4 reports that Chief Medical Officer Robert K. Zeldin had 17,500 restricted share units vest on January 7, 2026, which converted into ordinary shares, and a portion of those shares was withheld to cover taxes.
How many MeiraGTx restricted share units vested for the CMO and when?
17,500 restricted share units vested for Robert K. Zeldin on January 7, 2026. These units were originally granted on January 7, 2022, and represented one-quarter of that award.
How many MeiraGTx shares were withheld for taxes in this Form 4 filing?
The filing shows that 6,729 ordinary shares were withheld at a price of $7.73 per share to satisfy tax obligations arising from the vesting of the restricted share units.
What is Robert K. Zeldin’s MeiraGTx share ownership after these transactions?
Following the vesting and tax withholding transactions, Robert K. Zeldin directly beneficially owned 147,291 ordinary shares of MeiraGTx Holdings plc.
Were the MeiraGTx insider transactions open-market trades?
No. The Form 4 indicates a code M transaction for the conversion of restricted share units into ordinary shares and a code F transaction for shares withheld to pay taxes, rather than discretionary open-market purchases or sales.
What do the MeiraGTx restricted share unit footnotes explain?
The footnotes state that the 17,500 units represent one-quarter of an award granted on January 7, 2022, that each restricted share unit converts into one ordinary share upon vesting, and that the 6,729 shares were withheld solely to pay taxes on the vesting.