MIAMI INTERNATIONAL (MIAX) director reports stock awards and vested option holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. director Eric Sites reported equity compensation awards rather than open‑market trades. He received two grants of common stock classified as awards under code "A": one for 4,970 shares and another for 714 shares, both at a reported price of $0.00 per share. Following one grant, his directly held common stock position is 5,684 shares. Footnotes explain that some restricted stock units vested immediately on the grant date, while others are scheduled to vest on the last business day before the 2027 annual meeting, subject to his continued service. The filing also lists existing fully vested nonqualified stock options, including options over 9,174 shares at an exercise price of $20.00, 9,554 shares at $19.84, and 7,500-share blocks at $25.98 and $16.14, all expiring on March 26, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Sites Eric
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,970 | $0.00 | -- |
| Grant/Award | Common Stock | 714 | $0.00 | -- |
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,684 shares (Direct, null);
Nonqualified Stock Option (Right to Buy) — 7,500 shares (Direct, null)
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. These options are fully vested.
Key Figures
Stock award: 4,970 shares
Additional stock award: 714 shares
Common shares held: 5,684 shares
+4 more
7 metrics
Stock award
4,970 shares
Common stock grant at $0.00 per share, code A
Additional stock award
714 shares
Common stock grant at $0.00 per share, code A
Common shares held
5,684 shares
Directly held common stock after one grant
Option position
9,174 shares at $20.00
Nonqualified stock option, expires March 26, 2030
Option position
9,554 shares at $19.84
Nonqualified stock option, expires March 26, 2030
Option position
7,500 shares at $25.98
Nonqualified stock option, expires March 26, 2030
Option position
7,500 shares at $16.14
Nonqualified stock option, expires March 26, 2030
Key Terms
restricted stock units, RSUs, Nonqualified Stock Option (Right to Buy), exercise price, +2 more
6 terms
restricted stock units financial
"The amount represents restricted stock units ("RSUs") that fully vested on the date of grant."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a right to receive one share of the Issuer's common stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Nonqualified Stock Option (Right to Buy) financial
"Nonqualified Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price": "20.0000""
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.
fully vested financial
"These options are fully vested."
annual meeting of stockholders financial
"vest on the last business day immediately preceding the 2027 annual meeting of stockholders"
FAQ
What insider transactions did MIAX director Eric Sites report in this Form 4?
Eric Sites reported equity awards, not open‑market trades. He received grants of 4,970 and 714 shares of common stock at $0.00 per share, increasing his directly held common stock while also disclosing existing fully vested option positions.
What restricted stock unit (RSU) terms are disclosed for MIAX director Eric Sites?
The filing notes RSUs that fully vested on the date of grant and additional RSUs that vest on the last business day immediately preceding the 2027 annual meeting, contingent on Eric Sites’ continued service with the company through that vesting date.
What nonqualified stock options does Eric Sites hold in MIAX according to this filing?
Eric Sites holds fully vested nonqualified stock options over 9,174 shares at $20.00, 9,554 shares at $19.84, and 7,500‑share blocks at $25.98 and $16.14. All these options are scheduled to expire on March 26, 2030, if not exercised earlier.
Are Eric Sites’ MIAX stock options vested and when do they expire?
The footnotes state that the reported nonqualified stock options are fully vested. These options, covering multiple blocks of underlying MIAMI INTERNATIONAL HOLDINGS, INC. shares at various exercise prices, share a common stated expiration date of March 26, 2030.