MeiraGTx (MGTX) director Harris Keith R. granted 106,441 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harris Keith R. reported acquisition or exercise transactions in this Form 4 filing.
MeiraGTx Holdings plc director Harris Keith R. received a grant of 106,441 restricted share units as equity compensation. Each unit represents the right to receive one ordinary share upon settlement. These restricted share units vest in a single installment on the earlier of June 11, 2027 or the day immediately before the company’s 2027 annual shareholder meeting. Following this grant, Harris holds 106,441 restricted share units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Keith R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 106,441 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 106,441 shares (Direct, null)
Footnotes (1)
- Each restricted share unit converts into one ordinary share upon settlement. 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: 106,441 units
Exercise price: $0.00 per unit
Underlying shares: 106,441 ordinary shares
+2 more
5 metrics
RSUs granted
106,441 units
Restricted share unit grant to director on June 11, 2026
Exercise price
$0.00 per unit
Conversion or exercise price for awarded restricted share units
Underlying shares
106,441 ordinary shares
Each RSU converts into one ordinary share upon settlement
Holdings after grant
106,441 RSUs
Total restricted share units directly held after the transaction
Vesting date
June 11, 2027
Or the day immediately prior to the 2027 annual meeting
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 June 11, 2027 or 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 did MeiraGTx (MGTX) director Harris Keith R. report in this Form 4?
Harris Keith R. reported receiving 106,441 restricted share units of MeiraGTx. These units are a stock-based compensation award that convert into ordinary shares upon settlement, adding to his equity-linked interest in the company.
Is the MeiraGTx (MGTX) Form 4 for Harris Keith R. a market purchase or sale?
No, the Form 4 reflects a grant of restricted share units, not a market trade. The transaction code “A” denotes a grant or award acquisition, indicating stock-based compensation rather than buying or selling shares on the open market.