Myriad Genetics (MYGN) Chief Commercial Officer granted 226,804 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donnelly Brian J reported acquisition or exercise transactions in this Form 4 filing.
MYRIAD GENETICS INC Chief Commercial Officer Brian J. Donnelly reported an equity compensation grant of 226,804 shares of common stock in the form of time-based restricted stock units at a price of $0.00 per share.
Each restricted stock unit represents a contingent right to receive one share of common stock and will vest in three equal annual installments beginning on the first anniversary of the grant date. Following this award, Donnelly holds 624,338 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donnelly Brian J
Role
Chief Commerical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 226,804 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 624,338 shares (Direct)
Footnotes (1)
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FAQ
What did Myriad Genetics (MYGN) disclose about Brian Donnelly in this Form 4?
Myriad Genetics reported that Chief Commercial Officer Brian J. Donnelly received 226,804 time-based restricted stock units as an equity award, increasing his direct holdings to 624,338 common shares as of the reported transaction date.
How do Brian Donnelly’s restricted stock units in MYGN vest over time?
The 226,804 restricted stock units granted to Brian Donnelly vest in three equal annual installments. Vesting begins on the first anniversary of the grant date, with one-third of the award vesting each year thereafter, subject to the plan’s terms.
Is Brian Donnelly’s Myriad Genetics Form 4 transaction a market purchase or sale?
The reported Form 4 transaction is an equity grant, not a market trade. Brian Donnelly acquired 226,804 restricted stock units at $0.00 per share as compensation, rather than buying or selling shares on the open market.
What is Brian Donnelly’s total Myriad Genetics (MYGN) ownership after this grant?
After receiving the 226,804 restricted stock units, Brian Donnelly’s direct holdings increased to 624,338 shares of Myriad Genetics common stock, as reported in the Form 4 following the grant transaction.
Under which equity plan were Brian Donnelly’s MYGN restricted stock units granted?
Brian Donnelly’s 226,804 restricted stock units were granted under Myriad Genetics’ 2017 Employee, Director and Consultant Equity Incentive Plan, which governs the terms, vesting schedule, and conditions for these equity awards.