MeiraGTx (MGTX) chief scientist sells 27,659 shares in pre-set 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MeiraGTx Holdings plc chief scientific officer for ophthalmology Stuart Naylor sold 27,659 ordinary shares of the company in open-market transactions. The sales occurred on July 7, 2026 at weighted average prices reported around $13.36 to $15.33 per share across multiple trades.
Following these transactions, Naylor directly holds 640,846 ordinary shares of MeiraGTx. The filing notes that the sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025, indicating the trades were scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 27,659 shares ($409,470)
Net Sell
2 txns
Insider
Naylor Stuart
Role
CHIEF SCI OFCR, OPHTHALMOLOGY
Sold
27,659 shs ($409K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,547 | $13.86 | $35K |
| Sale | Ordinary Shares | 25,112 | $14.90 | $374K |
Holdings After Transaction:
Ordinary Shares — 665,958 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2025. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $13.36 to $14.31, inclusive. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.47 to $15.33, inclusive.
Key Figures
Shares sold: 27,659 shares
Sale price range (block 1): $13.36–$14.31 per share
Sale price range (block 2): $14.47–$15.33 per share
+2 more
5 metrics
Shares sold
27,659 shares
Total ordinary shares sold on July 7, 2026
Sale price range (block 1)
$13.36–$14.31 per share
Weighted-average sales price range for one group of trades
Sale price range (block 2)
$14.47–$15.33 per share
Weighted-average sales price range for another group of trades
Shares held after transactions
640,846 shares
Direct ordinary share holdings following July 7, 2026 sales
10b5-1 plan adoption date
December 9, 2025
Date Naylor adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, open-market sale, ordinary shares
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"The price reported reflects the weighted average sales price. The shares were sold in multiple transactions..."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did MeiraGTx (MGTX) report for Stuart Naylor?
MeiraGTx reported that chief scientific officer for ophthalmology Stuart Naylor sold 27,659 ordinary shares in open-market transactions. These trades were executed on July 7, 2026, at weighted average prices in the mid-teens per share across multiple individual sales.