STOCK TITAN

MeiraGTx (MGTX) awards 60,000 RSUs tied to Perceptive Advisors board service

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PERCEPTIVE ADVISORS LLC reported acquisition or exercise transactions in this Form 4 filing.

MeiraGTx Holdings plc reported a new equity award to a Perceptive Advisors–related entity tied to board service. Perceptive-affiliated holders received 60,000 restricted share units, each convertible into one ordinary share upon settlement. The units vest in a single installment on the earlier of June 11, 2027 or the day before the company’s 2027 annual shareholder meeting, and become settleable when director Ellen Hukkelhoven leaves the board. The filing notes Perceptive Advisors, its master fund, and Joseph Edelman may be deemed to have only an indirect pecuniary interest and each disclaims beneficial ownership beyond that indirect interest. This is a compensation-related equity grant rather than an open-market purchase or sale.

Positive

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Insights

Routine RSU grant to a Perceptive entity as director pay.

The filing shows a grant of 60,000 restricted share units linked to director Ellen Hukkelhoven’s service, with each unit representing one future ordinary share. This is standard equity compensation and does not involve cash transactions in the market.

The units vest in a single tranche on the earlier of June 11, 2027 or the day before the 2027 annual meeting, and settle when she leaves the board. Perceptive Advisors, its master fund, and Joseph Edelman emphasize they have only indirect pecuniary interests and formally disclaim broader beneficial ownership, framing this as a structured, entity-level award.

Insider PERCEPTIVE ADVISORS LLC, EDELMAN JOSEPH, PERCEPTIVE LIFE SCIENCES MASTER FUND LTD
Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Type Security Shares Price Value
Grant/Award Restricted Share Units 60,000 $0.00 $0.00
Holdings After Transaction: Restricted Share Units — 60,000 shares (Indirect, See footnote)
Footnotes (3)
  1. F1. Each restricted share unit converts into one ordinary share of the Issuer upon settlement. The restricted share units become settleable when Ellen Hukkelhoven ("Ms. Hukkelhoven") ceases to be a director of the Issuer.
  2. F2. 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.
  3. F3. Ms. Hukkelhoven is a Managing Director of Perceptive Advisors, LLC (the "Advisor"). The Advisor serves as the investment manager of Perceptive Life Sciences Master Fund Ltd. (the "Master Fund"). The Advisor may be deemed to have an indirect pecuniary interest in the securities reported herein because the Advisor has the right to receive the director compensation provided in respect of Ms. Hukkelhoven's board service through a partial management fee offset. Joseph Edelman ("Mr. Edelman") is the managing member of the Advisor. Each of Mr. Edelman, the Master Fund and the Advisor disclaim, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein, and this report shall not be deemed an admission that either Mr. Edelman, the Master Fund or the Advisor is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
RSUs granted 60,000 units Restricted share units tied to director service
Underlying shares 60,000 ordinary shares One ordinary share per RSU upon settlement
Vesting date June 11, 2027 Or day before 2027 annual shareholder meeting
Exercise/settlement price $0.00 per unit Equity compensation grant, not a market purchase
Total RSUs after grant 60,000 units Holdings following this transaction
Restricted Share Units financial
"Each restricted share unit converts into one ordinary share of the Issuer upon settlement."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
pecuniary interest financial
"The Advisor may be deemed to have an indirect pecuniary interest in the securities reported herein..."
beneficial ownership financial
"Each of Mr. Edelman, the Master Fund and the Advisor disclaim... beneficial ownership of such securities..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
management fee offset financial
"because the Advisor has the right to receive the director compensation... through a partial management fee offset."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did MeiraGTx (MGTX) disclose for Perceptive Advisors on this Form 4?

MeiraGTx disclosed a grant of 60,000 restricted share units to an entity associated with Perceptive Advisors. Each unit represents one future ordinary share and is issued as equity compensation for board service, not as an open-market stock purchase or sale.

When do the MeiraGTx RSUs granted to the Perceptive entity vest?

The RSUs vest in a single annual installment on the earlier of June 11, 2027 or the day immediately before MeiraGTx’s 2027 annual shareholder meeting. This creates a time-based vesting schedule aligned with the company’s future governance calendar.

Is this MeiraGTx Form 4 a market buy or sell by Perceptive Advisors or Joseph Edelman?

No, the Form 4 records an equity grant, not a market trade. It is a compensation-related award of 60,000 restricted share units, and the parties note that Perceptive Advisors, its master fund, and Joseph Edelman have only indirect pecuniary interests, disclaiming broader beneficial ownership.

How is Perceptive Advisors economically linked to this MeiraGTx RSU award?

Perceptive Advisors may receive director compensation via a partial management fee offset tied to Ellen Hukkelhoven’s board service. This gives the advisor an indirect pecuniary interest in the RSUs, while all related parties formally disclaim full beneficial ownership beyond that indirect interest.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PERCEPTIVE ADVISORS LLC

(Last)(First)(Middle)
51 ASTOR PLACE, 10TH FLOOR

(Street)
NEW YORK NEW YORK 10003

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MeiraGTx Holdings plc [ MGTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)06/11/2026A60,000 (2) (2)Ordinary Shares60,000$060,000ISee footnote(3)
1. Name and Address of Reporting Person*
PERCEPTIVE ADVISORS LLC

(Last)(First)(Middle)
51 ASTOR PLACE, 10TH FLOOR

(Street)
NEW YORK NEW YORK 10003

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
EDELMAN JOSEPH

(Last)(First)(Middle)
51 ASTOR PLACE, 10TH FLOOR

(Street)
NEW YORK NEW YORK 10003

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
PERCEPTIVE LIFE SCIENCES MASTER FUND LTD

(Last)(First)(Middle)
51 ASTOR PLACE, 10TH FLOOR

(Street)
NEW YORK NEW YORK 10003

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Each restricted share unit converts into one ordinary share of the Issuer upon settlement. The restricted share units become settleable when Ellen Hukkelhoven ("Ms. Hukkelhoven") ceases to be a director of the Issuer.
2. 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.
3. Ms. Hukkelhoven is a Managing Director of Perceptive Advisors, LLC (the "Advisor"). The Advisor serves as the investment manager of Perceptive Life Sciences Master Fund Ltd. (the "Master Fund"). The Advisor may be deemed to have an indirect pecuniary interest in the securities reported herein because the Advisor has the right to receive the director compensation provided in respect of Ms. Hukkelhoven's board service through a partial management fee offset. Joseph Edelman ("Mr. Edelman") is the managing member of the Advisor. Each of Mr. Edelman, the Master Fund and the Advisor disclaim, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein, and this report shall not be deemed an admission that either Mr. Edelman, the Master Fund or the Advisor is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
/s/ Joseph Edelman - for Perceptive Advisors LLC, By: Joseph Edelman, its managing member06/15/2026
/s/ Joseph Edelman - for Perceptive Life Sciences Master Fund Ltd., By: Perceptive Advisors LLC, its investment manager, By: Joseph Edelman, its managing member06/15/2026
/s/ Joseph Edelman06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)