MIAX EVP granted stock and options awards
MIAMI INTERNATIONAL HOLDINGS, INC. executive John Smollen, EVP of New Product Development, received equity-based compensation in the form of stock and options.
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Form Type
4
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. executive John Smollen, EVP of New Product Development, received equity-based compensation in the form of stock and options. He was granted 7,455 shares of Common Stock as restricted stock units that vest in three equal installments on June 16, 2027, June 16, 2028, and June 16, 2029, subject to continued service. He also received Nonqualified and Incentive Stock Options covering a total of 7,669 shares at an exercise price of $40.2400 per share, vesting over the same dates. Following these grants, he directly owns 178,212 Common shares.
Insider Trade Summary
Grant/Award: 15,124 shares
Grant/Award
3 txns
Insider
Smollen John
Role
EVP, New Product Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Option (Right to Buy) | 2,485 | $0.00 | $0.00 |
| Grant/Award | Nonqualified Stock Option (Right to Buy) | 5,184 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 7,455 | $0.00 | $0.00 |
Holdings After Transaction:
Incentive Stock Option (Right to Buy) — 2,485 contracts (Direct);
Nonqualified Stock Option (Right to Buy) — 5,184 contracts (Direct);
Common Stock — 178,212 shares (Direct)
Footnotes (3)
- F1. The amount represents restricted stock units ("RSUs") that vest as to 2,485 on June 16, 2027, 2,485 on June 16, 2028 and the remaining 2,485 on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through each applicable vesting date.
- F2. 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.
- F3. 1,728 of the shares subject to this option will vest on June 16, 2027, 1,728 of the shares subject to this option will vest on June 16, 2028 and the remaining 1,728 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: 7,455 shares
Nonqualified Stock Option: 5,184 shares
Incentive Stock Option: 2,485 shares
+4 more
7 metrics
RSU grant
7,455 shares
Common Stock RSUs granted on June 16, 2026
Nonqualified Stock Option
5,184 shares
Right to buy Common Stock at $40.2400
Incentive Stock Option
2,485 shares
Right to buy Common Stock at $40.2400
Option exercise price
$40.2400 per share
Applies to both option grants
Shares held after grants
178,212 shares
Common Stock directly owned after transactions
Nonqualified Option expiration
June 15, 2036
Expiration date for 5,184-share option
Incentive Option expiration
June 15, 2036
Expiration date for 2,485-share option
Key Terms
restricted stock units ("RSUs"), Nonqualified Stock Option, Incentive Stock Option, exercise price, +1 more
5 terms
restricted stock units ("RSUs") financial
"The amount represents restricted stock units ("RSUs") that vest as to 2,485 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 5,184 shares at a $40.2400 exercise price..."
A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.
Incentive Stock Option financial
"Incentive Stock Option (Right to Buy) with 2,485 shares at a $40.2400 exercise price..."
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
exercise price financial
"conversion_or_exercise_price: "40.2400" for both option awards..."
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 date financial
"subject to the Reporting Person's continued service through each applicable vesting date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MIAX executive John Smollen report in this Form 4?
John Smollen reported equity compensation awards, not open-market trades. He received 7,455 Common Stock RSUs and stock options on 7,669 shares, all granted on June 16, 2026, subject to future vesting and continued service.
What restricted stock units did John Smollen receive from MIAX?
He received 7,455 MIAX restricted stock units, described as Common Stock that vests in three equal tranches. Vesting covers 2,485 units on June 16, 2027, 2,485 on June 16, 2028, and 2,485 on June 16, 2029, if his service continues.
What stock options were granted to John Smollen by MIAX?
MIAX granted him two option awards totaling 7,669 shares of Common Stock at a strike price of $40.2400 per share. One is a 5,184-share Nonqualified Stock Option and the other a 2,485-share Incentive Stock Option, each vesting in three annual installments.
When do John Smollen’s MIAX stock options vest and expire?
Both option awards vest over three years, with specified share amounts vesting on June 16, 2027, June 16, 2028, and June 16, 2029. Each option grant carries an expiration date of June 15, 2036, if not earlier exercised or forfeited under applicable terms.
Are John Smollen’s MIAX equity awards linked to continued employment?
Yes. The RSUs and option vesting schedules are conditioned on his continued service to MIAMI INTERNATIONAL HOLDINGS, INC. or its subsidiaries. Footnotes state vesting on the 2027, 2028, and 2029 dates occurs only if he remains in service through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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