MIAX (MIAX) grants EVP Shelly Brown RSUs and long-term stock options
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. executive Shelly Brown, EVP and Chief Strategy Officer, received equity awards in the form of common stock and stock options. She was granted 37,276 shares of common stock as restricted stock units, bringing her direct common stock holdings to 353,990 shares after the award.
Brown was also granted a nonqualified stock option for 35,861 shares and an incentive stock option for 2,485 shares, each exercisable for common stock at an exercise price of $40.24 per share and expiring on June 15, 2036. The RSUs and options vest in three annual installments on June 16, 2027, 2028, and 2029, contingent on her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Brown Shelly
Role
EVP, Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Option (Right to Buy) | 2,485 | $0.00 | -- |
| Grant/Award | Nonqualified Stock Option (Right to Buy) | 35,861 | $0.00 | -- |
| Grant/Award | Common Stock | 37,276 | $0.00 | -- |
Holdings After Transaction:
Incentive Stock Option (Right to Buy) — 2,485 shares (Direct);
Nonqualified Stock Option (Right to Buy) — 35,861 shares (Direct);
Common Stock — 353,990 shares (Direct)
Footnotes (1)
- The amount represents restricted stock units ("RSUs") that vest as to 12,426 shares on June 16, 2027, 12,425 on June 16, 2028 and the remaining 12,425 on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through the applicable vesting date. 829 of the shares subject to this option will vest on June 16, 2027, 828 of the shares subject to this option will vest on June 16, 2028 and the remaining 828 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. 11,955 of the shares subject to this option will vest on June 16, 2027, 11,953 of the shares subject to this option will vest on June 16, 2028 and the remaining 11,953 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
RSUs granted: 37,276 shares
Nonqualified stock option grant: 35,861 shares
Incentive stock option grant: 2,485 shares
+5 more
8 metrics
RSUs granted
37,276 shares
Common stock award on June 16, 2026
Nonqualified stock option grant
35,861 shares
Right to buy MIAX common stock
Incentive stock option grant
2,485 shares
Right to buy MIAX common stock
Option exercise price
$40.24 per share
Both option grants
Option expiration date
June 15, 2036
Both option series
Shares owned after award
353,990 shares
Common stock directly held after RSU grant
First RSU vesting tranche
12,426 shares
Vest on June 16, 2027
First option vesting tranche
829 shares
Part of option grant vesting June 16, 2027
Key Terms
restricted stock units ("RSUs"), Nonqualified Stock Option (Right to Buy), Incentive Stock Option (Right to Buy), exercise price, +1 more
5 terms
restricted stock units ("RSUs") financial
"The amount represents restricted stock units ("RSUs") that vest as to 12,426 shares 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 (Right to Buy) financial
"Nonqualified Stock Option (Right to Buy) with an exercise price of 40.2400..."
Incentive Stock Option (Right to Buy) financial
"Incentive Stock Option (Right to Buy) with an exercise price of 40.2400..."
exercise price financial
"conversion_or_exercise_price: "40.2400" for the stock options granted..."
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.
expiration date financial
"expiration_date: "2036-06-15T00:00:00.000Z" for both option awards..."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
