MeiraGTx (MGTX) CEO vests 62,500 RSUs, withholds shares for taxes
Rhea-AI Filing Summary
MeiraGTx Holdings plc President and CEO Alexandria Forbes reported equity award activity involving restricted share units and ordinary shares. On February 21, 2026, 62,500 restricted share units vested and were converted into 62,500 ordinary shares at a stated price of $0.0000 per share. A separate entry shows 33,048 ordinary shares withheld at $7.45 per share to cover taxes due upon vesting of the award, rather than an open-market sale. Following these transactions, Forbes directly holds 1,511,695 ordinary shares of MeiraGTx.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 29,452 shares
Net Buy
3 txns
Insider
Forbes Alexandria
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 62,500 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 62,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 33,048 | $7.45 | $246K |
Holdings After Transaction:
Restricted Share Units — 62,500 shares (Direct);
Ordinary Shares — 1,511,695 shares (Direct)
Footnotes (3)
- F1. Represents vesting of one-quarter of restricted share units granted on February 21, 2023.
- F2. Each restricted share unit converts into one ordinary share upon vesting.
- F3. Shares withheld for payment of taxes upon vesting of award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did MeiraGTx (MGTX) CEO Alexandria Forbes report?
Alexandria Forbes reported vesting of equity awards and related tax withholding. 62,500 restricted share units converted into ordinary shares, and 33,048 ordinary shares were withheld to satisfy tax obligations tied to the vesting, all reported as direct ownership changes.
What do the Form 4 footnotes explain about MeiraGTx (MGTX) CEO’s equity award?
The footnotes explain that the transaction represents vesting of one quarter of restricted share units granted on February 21, 2023. They also state that each restricted share unit converts into one ordinary share and that certain shares were withheld for tax payment upon vesting.