MeiraGTx CDO RSUs Vest; Shares Withheld for Taxes
MeiraGTx Holdings plc Chief Development Officer Stuart Naylor reported equity award activity related to previously granted restricted share units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 25,000 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 25,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 11,750 | $7.45 | $88K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MeiraGTx (MGTX) executive Stuart Naylor report on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.