Myriad Genetics director receives stock unit grant
Newcomer Lee Nisley reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Newcomer Lee Nisley reported acquisition or exercise transactions in this Form 4 filing.
Myriad Genetics director Lee Nisley Newcomer received a grant of restricted stock units. The Form 4 shows an award of 59,701 shares of common stock-equivalent units at no purchase price under the company’s 2026 Employee, Director and Consultant Equity Incentive Plan.
Each restricted stock unit represents one share of Myriad Genetics common stock and will vest upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. After this award, Newcomer directly holds 191,842 shares or share-equivalent units in total.
Insider Trade Summary
Grant/Award: 59,701 shares
Grant/Award
1 txn
Insider
Newcomer Lee Nisley
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59,701 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 191,842 shares (Direct)
Footnotes (1)
- F1. Consists of restricted stock units granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and vests upon the earlier of (a) the first anniversary of the date of grant or (b) the date of the next annual meeting of stockholders following such grant.
Key Figures
RSUs granted: 59,701 units
Grant price: $0.00 per unit
Total holdings after grant: 191,842 shares
+1 more
4 metrics
RSUs granted
59,701 units
Restricted stock units granted to director on grant date
Grant price
$0.00 per unit
Equity compensation, not an open-market purchase
Total holdings after grant
191,842 shares
Director’s direct ownership following the award
Vesting schedule
Earlier of 1 year or next annual meeting
Vesting terms for restricted stock units
Key Terms
restricted stock units, Equity Incentive Plan, vests upon the earlier of
3 terms
restricted stock units financial
"Consists of restricted stock units granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan"
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.
Equity Incentive Plan financial
"granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan, as amended"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vests upon the earlier of financial
"and vests upon the earlier of (a) the first anniversary of the date of grant or (b) the date of the next annual meeting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Myriad Genetics (MYGN) director Lee Nisley Newcomer report on this Form 4?
The filing reports a grant of 59,701 restricted stock units to director Lee Nisley Newcomer. These units are part of Myriad Genetics’ 2026 equity incentive plan and increase his direct holdings to 191,842 shares or share-equivalent units after the transaction.
How many restricted stock units did Myriad Genetics (MYGN) grant in this transaction?
Myriad Genetics granted 59,701 restricted stock units in this transaction. Each unit represents a contingent right to receive one share of common stock, awarded at a price of $0.00 per unit as director equity compensation under the 2026 Employee, Director and Consultant Equity Incentive Plan.
When do the restricted stock units for Myriad Genetics (MYGN) director vest?
The restricted stock units vest upon the earlier of two dates. They vest on the first anniversary of the grant date or on the date of the next annual meeting of stockholders following the grant, whichever comes first, aligning vesting with Myriad Genetics’ director service period.
What is Lee Nisley Newcomer’s total Myriad Genetics (MYGN) holding after this Form 4?
After this grant, Lee Nisley Newcomer holds 191,842 Myriad Genetics shares or share-equivalent units directly. This total includes the newly awarded 59,701 restricted stock units, which each convert into one share of common stock once vesting conditions are satisfied under the company’s equity plan.
Was the Myriad Genetics (MYGN) Form 4 a market purchase or a compensation grant?
The Form 4 reflects a compensation grant, not a market purchase. The 59,701 restricted stock units were awarded at $0.00 per share as director equity under the 2026 Employee, Director and Consultant Equity Incentive Plan, representing a non-cash, stock-based compensation transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
