|4Feb 23, 9:18 PM ET

Forbes Alexandria 4

Research Summary

AI-generated summary

Updated

MeiraGTx (MGTX) CEO Forbes Alexandria Vests RSUs

What Happened

  • Forbes Alexandria, President & CEO (and director) of MeiraGTx Holdings plc, had 62,500 restricted share units (RSUs) vest on Feb 21, 2026. The RSUs converted into 62,500 ordinary shares.
  • To cover tax withholding on the vesting, 33,048 shares were withheld at an effective price of $7.45 per share, totaling $246,208. Net new shares received by the insider = 62,500 − 33,048 = 29,452 shares.
  • This was a routine compensation vesting event (not an open-market purchase or sale).

Key Details

  • Transaction date: Feb 21, 2026; Form 4 filed Feb 23, 2026 (appears timely).
  • Vested/conversion: 62,500 RSUs → 62,500 ordinary shares (transaction code M).
  • Tax withholding: 33,048 shares withheld @ $7.45/share = $246,208 (transaction code F).
  • Net shares added to insider’s position: 29,452 ordinary shares.
  • Footnotes in the filing: F1 = one-quarter of RSUs granted Feb 21, 2023 vested; F2 = each RSU converts into one ordinary share on vesting; F3 = shares withheld to pay taxes.
  • Shares owned after the transaction are not specified in the summary filing.

Context

  • This is a standard vesting of previously granted RSUs; the withholding of shares for taxes is a routine, non‑market sale to satisfy tax obligations (not a signal of active selling).
  • The filing reflects conversion of derivative awards (RSUs) into stock; no open-market buy or sell occurred beyond the withholding for taxes.