MIGOYA CARLOS A. 4
4 · Millrose Properties, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Millrose (MRP) Director Carlos A. Migoya Receives Award
What Happened
Carlos A. Migoya, a director of Millrose Properties, Inc. (MRP), was granted 5,639 restricted stock units (RSUs) on May 13, 2026. The RSUs were issued at $0.00 per unit (no cash paid) and will convert 1-for-1 into shares of Class A common stock upon vesting. This is an award/grant (code A) — a form of compensation — rather than an open-market purchase or sale.
Key Details
- Transaction date and price: May 13, 2026; grant price $0.00 (RSUs awarded).
- Quantity granted: 5,639 RSUs.
- Vesting terms (from footnote): RSUs vest into Class A common stock on the earlier of (i) the first anniversary of the grant or (ii) the Issuer's next annual stockholder meeting, subject to Migoya’s continuous service as a director through the vesting date.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: Reported on the same date as the grant (timely).
- Effect: No immediate sale or proceeds; actual economic value depends on Millrose’s stock price at vesting and any applicable tax withholding.
Context
RSUs are a common form of director/executive compensation that do not represent immediately tradable shares until they vest. Such awards are routine and reflect compensation practices rather than an explicit buy/sell signal. The eventual number of shares delivered and their value will depend on vesting and Millrose’s future share price.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-05-13+5,639→ 29,075 total
Footnotes (1)
- [F1]On May 13, 2026, Millrose Properties, Inc. (the "Issuer") granted 5,639 restricted stock units ("RSUs") to the reporting person under the Issuer's 2024 Omnibus Incentive Plan. Such RSUs will vest into shares of Class A Common Stock of the Issuer on a 1-for-1 basis upon the earlier of (i) the first anniversary of the date of the grant and (ii) the date of the Issuer's annual stockholder meeting that next follows the date of the grant, subject to the reporting person's continuous service as a director of the Issuer from the date of the grant through the vesting date.