Miami International (MIAX) GC surrenders 43K shares, not a market sale
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. (MIAX) reported an insider equity-tax event by executive officer Barbara J. Comly (EVP, GC & Corporate Secretary). On 2026-08-18, 43,420 shares of common stock at $42.41 per share were surrendered to the company to satisfy tax withholding on restricted stock awards, leaving her with 839,564 shares held directly; this was not an open-market sale.
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Insights
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Insider Trade Summary
Net Seller: 43,420 shares
Net Sell
1 txn
Insider
Comly Barbara J.
Role
EVP, GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 43,420 | $42.41 | $1.84M |
Holdings After Transaction:
Common Stock — 839,564 shares (Direct)
Footnotes (1)
- F1. Represents shares that have been surrendered to the Company to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock awards and does not represent a sale by the reporting person.
Key Figures
Shares surrendered for tax withholding: 43,420 shares
Reference price per share: $42.41 per share
Shares held after transaction: 839,564 shares
+1 more
4 metrics
Shares surrendered for tax withholding
43,420 shares
Common stock surrendered on 2026-08-18 to satisfy tax withholding
Reference price per share
$42.41 per share
Price reported for the 43,420 surrendered shares
Shares held after transaction
839,564 shares
Direct holdings of Barbara J. Comly after the 2026-08-18 event
Code F shares for tax or exercise
43,420 shares
Exercise-price-or-tax-liability shares in transaction summary
Key Terms
restricted stock awards, net settlement, tax withholding, Form 4
4 terms
restricted stock awards financial
"in connection with the net settlement of restricted stock awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
net settlement financial
"in connection with the net settlement of restricted stock awards"
tax withholding financial
"to satisfy tax withholding and remittance obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Form 4 regulatory
"MIAX reported for Barbara J. Comly in this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MIAX report for Barbara J. Comly?
MIAX reported that Barbara J. Comly surrendered 43,420 shares of common stock on 2026-08-18 to the company to satisfy tax withholding obligations related to restricted stock awards at a reference price of $42.41 per share; it was not an open-market sale.
Was the MIAX Form 4 transaction a stock sale in the market?
No. The Form 4 states the 43,420 shares were surrendered to the company to satisfy tax withholding and remittance obligations from net settlement of restricted stock awards and "does not represent a sale" by Barbara J. Comly.
Was the MIAX insider transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and the footnote only describes shares surrendered for tax withholding on restricted stock awards, with no reference to a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.