MeiraGTx (MGTX) CDO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MeiraGTx Holdings plc Chief Development Officer Stuart Naylor reported equity award activity related to previously granted restricted share units. On February 21, 2026, one-quarter of his restricted share units granted on February 21, 2023 vested, resulting in 25,000 restricted share units converting into 25,000 ordinary shares, with no exercise price. Following this vesting and conversion, his direct holdings briefly totaled 707,916 ordinary shares. To cover tax obligations on the vesting, 11,750 ordinary shares were withheld and disposed of at $7.45 per share, a tax-withholding disposition rather than an open-market sale, leaving him with 696,166 ordinary shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,000 shares exercised/converted
Mixed
3 txns
Insider
Naylor Stuart
Role
CHIEF DEV. OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 25,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 25,000 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 11,750 | $7.45 | $88K |
Holdings After Transaction:
Restricted Share Units — 25,000 shares (Direct);
Ordinary Shares — 707,916 shares (Direct)
Footnotes (1)
- Represents vesting of one-quarter of restricted share units granted on February 21, 2023. Each restricted share unit converts into one ordinary share upon vesting. Shares withheld for payment of taxes upon vesting of award.
FAQ
What did MeiraGTx (MGTX) executive Stuart Naylor report on this Form 4?
Stuart Naylor, Chief Development Officer of MeiraGTx (MGTX), reported the vesting and conversion of 25,000 restricted share units into ordinary shares, plus a related tax-withholding share disposition, all dated February 21, 2026 and held under direct ownership.