Myriad Genetics (NASDAQ: MYGN) director receives 59,701 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reitan Colleen F reported acquisition or exercise transactions in this Form 4 filing.
MYRIAD GENETICS INC director Colleen F. Reitan received an equity grant of 59,701 shares of common stock in the form of restricted stock units under the company’s 2026 Employee, Director and Consultant Equity Incentive Plan. Following this award, she directly holds 152,030 shares of common stock.
Each restricted stock unit represents a right to receive one share of common stock and will vest upon the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders after the grant. This is a compensation-related award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reitan Colleen F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59,701 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 152,030 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 59,701 shares
Price per share for grant: $0.00 per share
Total shares after transaction: 152,030 shares
+2 more
5 metrics
RSU grant size
59,701 shares
Restricted stock units granted to director on reported date
Price per share for grant
$0.00 per share
Equity award granted at no cash cost to director
Total shares after transaction
152,030 shares
Director’s direct holdings following RSU grant
Transaction code
A
Grant, award, or other acquisition of non-derivative common stock
Vesting condition
Earlier of 1 year or next annual meeting
RSUs vest on the first anniversary or next stockholder meeting date
Key Terms
restricted stock units, 2026 Employee, Director and Consultant Equity Incentive Plan, contingent right, vests, +1 more
5 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.
2026 Employee, Director and Consultant Equity Incentive Plan financial
"granted pursuant to the Issuer's 2026 Employee, Director and Consultant Equity Incentive Plan, as amended"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
vests financial
"and vests upon the earlier of (a) the first anniversary of the date of grant"
annual meeting of stockholders financial
"or (b) the date of the next annual meeting of stockholders following such grant"
FAQ
What did MYGN director Colleen Reitan report in this Form 4 filing?
Director Colleen F. Reitan reported receiving 59,701 restricted stock units of MYRIAD GENETICS INC common stock as an equity award. These units are part of her compensation and increase her direct holdings to 152,030 shares after the grant.
Is Colleen Reitan’s MYGN Form 4 transaction a stock purchase or a grant?
The Form 4 shows an equity grant, not a market purchase. Colleen Reitan received 59,701 restricted stock units at no cash cost under Myriad Genetics’ 2026 equity incentive plan, reflecting compensation instead of an open-market buy or sell transaction.
When do the restricted stock units granted to Colleen Reitan for MYGN vest?
The restricted stock units vest on the earlier of two dates: the first anniversary of the grant date or the date of the next annual meeting of stockholders. Once vested, each unit converts into one share of Myriad Genetics common stock.
Under which plan were Colleen Reitan’s MYGN restricted stock units granted?
The restricted stock units were granted under Myriad Genetics’ 2026 Employee, Director and Consultant Equity Incentive Plan, as amended. This plan governs equity awards such as RSUs for employees, directors, and consultants of the company.