MeiraGTx (MGTX) CFO & COO details RSU vesting and tax share withholding
Rhea-AI Filing Summary
MeiraGTx Holdings plc CFO & COO Richard Giroux reported equity compensation activity involving the company’s ordinary shares. On January 7, 2026, 52,500 restricted share units vested, with each unit converting into one ordinary share. As part of the vesting, 28,822 ordinary shares were withheld at a price of $7.73 per share to cover taxes on the award. Following these transactions, Giroux directly beneficially owned 853,172 ordinary shares of MeiraGTx.
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Insights
Routine RSU vesting and tax withholding by MeiraGTx’s CFO & COO, with no clear shift in investment thesis.
Richard Giroux, CFO & COO of MeiraGTx Holdings plc, reported vesting of 52,500 restricted share units on January 7, 2026, with each RSU converting into one ordinary share. This reflects previously granted compensation from January 7, 2022, rather than a new award.
To satisfy tax obligations on the vesting, 28,822 ordinary shares were withheld at $7.73 per share, a common mechanism for equity awards. After these transactions, Giroux’s direct beneficial ownership stood at 853,172 ordinary shares, indicating a substantial ongoing stake aligned with shareholders.
The filing does not indicate discretionary open-market buying or selling; it primarily documents scheduled vesting and related tax withholding. Future company filings may provide additional context on any new grants or changes in overall insider ownership levels.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 52,500 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 52,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 28,822 | $7.73 | $223K |
Footnotes (3)
- F1. Represents vesting of one-quarter of restricted share units granted on January 7, 2022.
- F2. Each restricted share unit converts into one ordinary share upon vesting.
- F3. Shares withheld for payment of taxes upon vesting of award.
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FAQ
What insider transaction did MeiraGTx (MGTX) report for Richard Giroux?
The filing reports that 52,500 restricted share units held by MeiraGTx CFO & COO Richard Giroux vested on January 7, 2026, converting into an equal number of ordinary shares.
Was the MeiraGTx (MGTX) insider transaction an open-market sale?
No. The Form 4 shows shares withheld for taxes related to RSU vesting (coded “F”) rather than a discretionary open-market sale by Richard Giroux.
What is Richard Giroux’s role at MeiraGTx (MGTX) according to the filing?
The filing identifies Richard Giroux as an officer of MeiraGTx Holdings plc, serving as CFO & COO, and not as a director or 10% owner.