Giroux Richard 4

What Happened
Richard Giroux, MeiraGTx Holdings plc (MGTX) CFO & COO, received a grant of 980,000 restricted share units (RSUs) on 2026-06-25. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 — a derivative compensation grant, not an open-market purchase or sale. The RSUs convert into ordinary shares upon vesting; there was no immediate cash payment or share sale reported.

Key Details

• Transaction date: 2026-06-25 (reported on Form 4 filed 2026-06-29). Filing appears timely under SEC Form 4 business-day rules.
• Transaction type/code: Award/Grant (A) — derivative RSUs.
• Units granted: 980,000 restricted share units.
• Reported price: $0.00 (no cash consideration reported).
• Vesting/conversion (from footnotes): Each RSU converts into one ordinary share on vesting. Vesting schedule: 50% on the 2nd anniversary of the grant date, 25% on the 3rd anniversary, and 25% on the 4th anniversary.
• Shares owned after transaction: Not specified in the provided filing.
• Tax withholding or sale to cover taxes: None reported in this filing.

Context
This is an executive compensation award (long-term incentive) rather than a direct purchase or sale; RSUs vest over multiple years and are meant to retain executives. Such awards do not reflect an immediate buy/sell sentiment by the insider. If you want an estimated dollar value, compute 980,000 × the market price on the grant date, but note the Form 4 lists $0 because it records an award rather than a cash purchase.