MeiraGTx (MGTX) CFO/COO Richard Giroux Sells 56,000 Shares
$MGTX · MeiraGTx Holdings plcResearch Summary
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MeiraGTx (MGTX) CFO/COO Richard Giroux Sells 56,000 Shares
What Happened Richard Giroux, MeiraGTx Holdings plc's Chief Financial Officer and Chief Operating Officer, sold 56,000 ordinary shares on July 21, 2026. The shares were disposed in open‑market transactions at a weighted average price of $12.51 per share for total proceeds of approximately $700,560. This was a sale (transaction code S) and not a purchase—sales are often routine and, in this case, were executed under a prearranged trading plan.
Key Details
- Transaction date: July 21, 2026.
- Shares sold: 56,000; weighted average price: $12.51; total proceeds: ~$700,560.
- Reported price range: $12.00 to $12.63 across multiple trades (weighted avg reported).
- Method/authorization: Executed under a Rule 10b5‑1 trading plan adopted November 18, 2025 (Footnote F1).
- Additional disclosure: Reporting person will provide a breakdown of number of shares sold at each price upon request (Footnote F3).
- Shares owned after the transaction: Not disclosed in the provided filing excerpt.
- Timeliness: Filing date and transaction date are both July 21, 2026; no late filing indicated.
Context Sales under Rule 10b5‑1 plans are preplanned trades that can occur regardless of short‑term views on the company and are commonly used by insiders for scheduled liquidity or diversification. This record shows a routine sale under such a plan; it is factual information and should not be interpreted by itself as a signal of management’s view on MeiraGTx.