MeiraGTx (MGTX) CEO sells 62,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MeiraGTx Holdings plc President & CEO Alexandria Forbes reported an open-market sale of 62,000 Ordinary Shares on May 19, 2026 at a weighted average price of $9.17 per share. The shares were sold in multiple trades between $8.96 and $9.32.
After this transaction, Forbes directly holds 1,387,695 Ordinary Shares. The sale was carried out under a Rule 10b5-1 trading plan that was adopted in advance, indicating the trades were pre-scheduled rather than opportunistic.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 62,000 shares ($568,540)
Net Sell
1 txn
Insider
Forbes Alexandria
Role
PRESIDENT & CEO
Sold
62,000 shs ($569K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 62,000 | $9.17 | $569K |
Holdings After Transaction:
Ordinary Shares — 1,387,695 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $8.96 to $9.32, inclusive. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 62,000 shares
Weighted average sale price: $9.17 per share
Sale price range: $8.96–$9.32 per share
+1 more
4 metrics
Shares sold
62,000 shares
Open-market sale on May 19, 2026
Weighted average sale price
$9.17 per share
Ordinary Shares sold in multiple trades
Sale price range
$8.96–$9.32 per share
Range of prices across individual trades
Shares held after transaction
1,387,695 shares
Direct holdings of Alexandria Forbes following sale
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, open-market sale
3 terms
Rule 10b5-1 trading plan financial
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"The price reported reflects the weighted average sales price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did MeiraGTx (MGTX) disclose for its CEO?
MeiraGTx disclosed that President & CEO Alexandria Forbes sold 62,000 Ordinary Shares in an open-market transaction. The weighted average sale price was $9.17 per share, with trades executed between $8.96 and $9.32.
Does the MeiraGTx (MGTX) filing provide detailed pricing for each trade?
The filing reports only a weighted average sale price and an $8.96 to $9.32 range. It notes the reporting person will provide full details of shares sold at each separate price to the SEC staff, issuer, or any security holder upon request.