Myriad Genetics (MYGN) director receives 59,701 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dreismann Heinrich reported acquisition or exercise transactions in this Form 4 filing.
MYRIAD GENETICS INC director Heinrich Dreismann received a grant of 59,701 restricted stock units of common stock. The award was made at no cash cost per share and is part of the company’s 2026 Employee, Director and Consultant Equity Incentive Plan. Each restricted stock unit represents a right to receive one common share and will vest upon the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Following this equity award, Dreismann directly holds 231,145 shares of Myriad Genetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dreismann Heinrich
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59,701 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 231,145 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 59,701 shares
Grant price per share: $0.00 per share
Shares held after grant: 231,145 shares
3 metrics
RSU grant size
59,701 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.00 per share
Reported transaction price for the RSU award
Shares held after grant
231,145 shares
Director’s direct common stock holdings following transaction
Key Terms
restricted stock units, Equity Incentive Plan, vests, contingent right
4 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 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"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What insider transaction did MYRIAD GENETICS (MYGN) report for Heinrich Dreismann?
MYRIAD GENETICS reported that director Heinrich Dreismann received 59,701 restricted stock units of common stock as an equity award. The grant was recorded at a price of $0.00 per share and increased his direct holdings to 231,145 common shares after the transaction.
When do Heinrich Dreismann’s MYGN restricted stock units vest?
The restricted stock units vest upon the earlier of two events: the first anniversary of the grant date or the date of the next annual meeting of stockholders. This time-based vesting schedule aligns the director’s equity award with the company’s governance calendar.
Was the MYGN equity grant to Heinrich Dreismann an open-market purchase or compensation award?
The transaction was a compensation-related equity award, not an open-market purchase. The Form 4 uses transaction code “A” for a grant or award, and the reported price per share is $0.00, indicating stock-based compensation rather than a cash-funded market trade.