Seligman Nicole 4
Research Summary
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MeiraGTx (MGTX) Director Nicole Seligman Receives 60,000 RSU Award
What Happened Nicole Seligman, a director of MeiraGTx Holdings plc (MGTX), was granted 60,000 restricted share units (RSUs) on June 11, 2026. The grant is recorded at $0.00 (no cash paid) because these are derivative awards that convert into ordinary shares upon settlement. The RSUs are set to vest in a single installment no later than June 11, 2027 (or the day before the 2027 annual meeting).
Key Details
- Transaction date: 2026-06-11; Filing date (Form 4): 2026-06-15 (filed within the standard two-business-day window).
- Grant: 60,000 restricted share units (derivative award) at $0.00 per unit; no immediate cash value reported.
- Vesting: Single annual installment upon the earlier of (i) June 11, 2027 or (ii) the day before the issuer’s 2027 annual meeting.
- Settlement election: The reporting person elected that the RSUs become settleable (convertible into ordinary shares) when she ceases to be a director.
- Shares owned after transaction: Not specified in the filing.
Context This was a compensation grant (an award of RSUs), not an open-market purchase or sale. Grants like this are common for board compensation and do not necessarily signal a near-term buy or sell intent. The RSUs will convert to actual ordinary shares only upon settlement as described above, so there is no immediate change in tradable share count.