MeiraGTx grants director 100,000 share units
The award converts one-for-one into ordinary shares, with vesting spread across three grant-date anniversaries.
Rhea-AI Filing Summary
MeiraGTx Holdings plc (MGTX) director Alan Sebulsky was granted 100,000 restricted share units on September 23, 2026. Each unit converts into one ordinary share upon vesting, with one-third of the award vesting on each of the first, second, and third anniversaries of the grant date. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 100,000 shares
Grant/Award
1 txn
Insider
SEBULSKY ALAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units F1, F2 | 100,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 100,000 contracts (Direct)
Footnotes (2)
- F1. Each restricted share unit converts into one ordinary share upon vesting.
- F2. One-third of the restricted share unit award will vest on each of the first, second, and third anniversaries of the grant date.
Key Figures
Restricted share units: 100,000 units
Underlying ordinary shares: 100,000 shares
Conversion ratio: 1 ordinary share per restricted share unit
+1 more
4 metrics
Restricted share units
100,000 units
Award granted September 23, 2026
Underlying ordinary shares
100,000 shares
Underlying the restricted share units
Conversion ratio
1 ordinary share per restricted share unit
Upon vesting
Vesting schedule
One-third of the award per anniversary
Each of the first, second, and third anniversaries of the grant date
Key Terms
Restricted Share Units, vesting, grant date
3 terms
vesting financial
"converts into one ordinary share upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant date financial
"anniversaries of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
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