MeiraGTx (MGTX) CDO Stuart Naylor sells 27,661 shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MeiraGTx Holdings plc chief development officer Stuart Naylor reported an open-market sale of 27,661 Ordinary Shares of MGTX on April 7, 2026. The shares were sold at a weighted average price of $9.36, in multiple trades between $9.11 and $9.52 per share.
After this transaction, Naylor directly holds 668,505 Ordinary Shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025, indicating it was planned in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 27,661 shares ($258,907)
Net Sell
1 txn
Insider
Naylor Stuart
Role
CHIEF DEV. OFFICER
Sold
27,661 shs ($259K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 27,661 | $9.36 | $259K |
Holdings After Transaction:
Ordinary Shares — 668,505 shares (Direct)
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 December 9, 2025. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $9.11 to $9.52, 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: 27,661 shares
Weighted average sale price: $9.36 per share
Post-transaction holdings: 668,505 shares
+3 more
6 metrics
Shares sold
27,661 shares
Open-market sale on April 7, 2026
Weighted average sale price
$9.36 per share
Ordinary Shares sold on April 7, 2026
Post-transaction holdings
668,505 shares
Ordinary Shares directly held after sale
Sale price range
$9.11–$9.52 per share
Prices of individual trades included in the sale
Rule 10b5-1 plan adoption date
December 9, 2025
Plan governing the reported share sales
Transaction date
April 7, 2026
Date of open-market sale
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, open-market sale, Ordinary Shares
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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) report for Stuart Naylor?
MeiraGTx reported that chief development officer Stuart Naylor sold 27,661 Ordinary Shares in an open-market transaction. The sale occurred on April 7, 2026, at a weighted average price of $9.36 per share, across multiple trades between $9.11 and $9.52.
Was the MeiraGTx (MGTX) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the sales were effected pursuant to a Rule 10b5-1 trading plan. This plan was adopted by the reporting person on December 9, 2025, indicating the transactions were pre-scheduled rather than opportunistically timed based on short-term market movements.
Who is the MeiraGTx (MGTX) insider involved in this Form 4 filing?
The insider is Stuart Naylor, who serves as chief development officer of MeiraGTx Holdings plc. He reported a direct, open-market sale of 27,661 Ordinary Shares and now holds 668,505 shares, as disclosed in the Form 4 filed for the April 7, 2026 transaction.