Cees Vermaas (MIAX) receives RSU and option grants as CEO of TISEG
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. reported that Cees Vermaas, CEO of TISEG, received new equity compensation in the form of restricted stock units (RSUs) and stock options. On June 16, 2026, he was granted 4,660 RSUs of common stock at no purchase price. These RSUs are scheduled to vest in three installments: 1,554 on June 16, 2027, 1,553 on June 16, 2028, and 1,553 on June 16, 2029, contingent on continued service.
On the same date, he also received a nonqualified stock option for 4,793 shares of common stock at an exercise price of $40.24 per share, expiring June 15, 2036. The option is set to vest in three tranches of 1,599, 1,597, and 1,597 shares on June 16, 2027, 2028, and 2029, respectively, also subject to continued service with the company or its subsidiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vermaas Cees
Role
CEO of TISEG
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified Stock Option (Right to Buy) | 4,793 | $0.00 | -- |
| Grant/Award | Common Stock | 4,660 | $0.00 | -- |
Holdings After Transaction:
Nonqualified Stock Option (Right to Buy) — 4,793 shares (Direct, null);
Common Stock — 4,660 shares (Direct, null)
Footnotes (1)
- The amount represents restricted stock units ("RSUs") that vest as to 1,554 on June 16, 2027, 1,553 on June 16, 2028 and the remaining 1,553 on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through each applicable vesting date. 1,599 of the shares subject to this option will vest on June 16, 2027, 1,597 of the shares subject to this option will vest on June 16, 2028 and the remaining 1,597 of the shares subject to this option will vest on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
Key Figures
RSU grant size: 4,660 shares
RSU vesting 2027: 1,554 shares
RSU vesting 2028: 1,553 shares
+5 more
8 metrics
RSU grant size
4,660 shares
Restricted stock units granted June 16, 2026
RSU vesting 2027
1,554 shares
RSUs vesting on June 16, 2027
RSU vesting 2028
1,553 shares
RSUs vesting on June 16, 2028
RSU vesting 2029
1,553 shares
RSUs vesting on June 16, 2029
Option grant size
4,793 shares
Nonqualified stock option granted June 16, 2026
Option exercise price
$40.24/share
Nonqualified stock option strike price
Option expiration
June 15, 2036
Nonqualified stock option expiry date
Option vesting tranches
1,599 / 1,597 / 1,597 shares
Option vesting on June 16, 2027, 2028, 2029
Key Terms
restricted stock units ("RSUs"), Nonqualified Stock Option, exercise price, vesting, +1 more
5 terms
restricted stock units ("RSUs") financial
"The amount represents restricted stock units ("RSUs") that vest as to 1,554 on June 16, 2027..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Nonqualified Stock Option financial
"Nonqualified Stock Option (Right to Buy) with an exercise price of 40.2400..."
exercise price financial
"conversion_or_exercise_price": "40.2400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"will vest on June 16, 2027, 1,597 of the shares subject to this option will vest on June 16, 2028..."
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.
expiration date financial
"expiration_date": "2036-06-15T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did MIAX insider Cees Vermaas receive in this Form 4 filing?
Cees Vermaas received new equity compensation consisting of 4,660 restricted stock units and a nonqualified stock option for 4,793 shares. Both awards are tied to continued service and vest over three years starting June 16, 2027.
How do the 4,660 RSUs granted to Cees Vermaas at MIAX vest?
The 4,660 RSUs vest in three annual tranches: 1,554 on June 16, 2027, 1,553 on June 16, 2028, and 1,553 on June 16, 2029. Each vesting date requires Cees Vermaas to remain in service with MIAX or its subsidiaries.
When do the MIAX equity awards to Cees Vermaas become fully vested?
Both the RSU and stock option awards become fully vested after the last vesting date on June 16, 2029. Vesting occurs in three annual tranches beginning June 16, 2027, assuming Cees Vermaas continues serving MIAX or its subsidiaries.