Miami International (MIAX) director gains shares through RSUs and option exercise
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. director Raymond Mark F. reported equity compensation transactions that increased his direct stake in the company. He now directly holds 67,064 shares of common stock.
On June 15, 2026, he received 2,267 restricted stock units that will vest on the last business day immediately preceding the 2027 annual meeting of stockholders, contingent on continued service. On June 16, 2026, he received 4,970 RSUs that fully vested on the grant date and exercised stock options for 16,000 shares of common stock at an exercise price of $12.00 per share, exhausting that option grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,000 shares exercised/converted
Mixed
4 txns
Insider
Raymond Mark F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 16,000 | $0.00 | -- |
| Exercise | Common Stock | 16,000 | $12.00 | $192K |
| Grant/Award | Common Stock | 4,970 | $0.00 | -- |
| Grant/Award | Common Stock | 2,267 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 62,094 shares (Direct)
Footnotes (1)
- The amount represents restricted stock units ("RSUs") that fully vested on the date of grant. Each RSU represents a right to receive one share of the Issuer's common stock. The amount represents RSUs that vest on the last business day immediately preceding the 2027 annual meeting of stockholders, subject to the reporting person's continued service to the Issuer through the vesting date. The options are fully vested.
Key Figures
Post-transaction holdings: 67,064 shares
RSUs vested on grant: 4,970 shares
RSUs vesting before 2027 meeting: 2,267 shares
+3 more
6 metrics
Post-transaction holdings
67,064 shares
Common stock held directly after reported transactions
RSUs vested on grant
4,970 shares
RSUs granted and fully vested on June 16, 2026
RSUs vesting before 2027 meeting
2,267 shares
RSUs vesting immediately before 2027 annual meeting, service-based
Options exercised
16,000 shares
Stock options converted to common stock on June 16, 2026
Option exercise price
$12.00 per share
Strike price for exercised stock options
Option expiration
June 19, 2026
Expiration date of exercised stock option grant
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), annual meeting of stockholders, Exercise or conversion of derivative security
4 terms
restricted stock units ("RSUs") financial
"The amount represents restricted stock units ("RSUs") that fully vested on the date of grant."
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.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
annual meeting of stockholders regulatory
"RSUs that vest on the last business day immediately preceding the 2027 annual meeting of stockholders"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did MIAX director Raymond Mark F. report?
He reported equity awards and an option exercise that increased his holdings. Grants included restricted stock units and the exercise of stock options, all classified as acquisitions rather than open-market purchases or sales, reflecting routine compensation-related activity disclosed for transparency.
What stock option transaction did the MIAX Form 4 disclose for Raymond Mark F.?
He exercised stock options covering 16,000 shares of MIAX common stock at an exercise price of $12.00 per share. The related derivative line shows the option position reduced to zero, indicating this particular option grant is now fully exercised and no longer outstanding.
What restricted stock units were granted to the MIAX director on June 15 and 16, 2026?
He received 2,267 restricted stock units on June 15, 2026, vesting immediately before the 2027 annual meeting, subject to continued service, and 4,970 RSUs on June 16, 2026 that fully vested on the grant date, each RSU converting into one share of common stock.
Were there any open-market buys or sells by the MIAX director in this Form 4?
No open-market purchases or sales were reported. All transactions were coded as awards (A) or option exercises (M), representing equity compensation and derivative conversion events, without any P or S codes that would indicate market buys or sells of MIAX shares.