Naylor Stuart 4
4 · MeiraGTx Holdings plc · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
MeiraGTx CDO Stuart Naylor Receives Award; 11,750 Shares Withheld
What Happened
Stuart Naylor, Chief Development Officer of MeiraGTx Holdings plc (MGTX), had one-quarter of a restricted share unit (RSU) award vest on Feb 21, 2026, resulting in the conversion of 25,000 RSUs into 25,000 ordinary shares. To cover tax withholding on the vesting, 11,750 shares were withheld/disposed at $7.45 per share, generating approximately $87,538. The remaining shares were recorded as acquired through the RSU vesting.
Key Details
- Transaction date: 2026-02-21; Form filed: 2026-02-23 (appears timely).
- Vesting/Conversion: 25,000 RSUs converted into 25,000 ordinary shares (Transaction code M/A for conversion of derivative award).
- Tax withholding: 11,750 shares withheld/disposed at $7.45 per share for taxes — total reported $87,538 (Transaction code F).
- Footnotes: F1 = one-quarter of RSUs granted on Feb 21, 2023 vested; F2 = each RSU converts into one ordinary share on vesting; F3 = shares were withheld to pay taxes.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
This was an ordinary RSU vesting with share withholding to cover tax obligations (a common, routine occurrence). The filing shows conversion of RSUs rather than an open-market purchase or a voluntary sale; withheld shares for taxes are recorded as a disposition but typically reflect payroll tax withholding rather than a discretionary sale.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
[F1][F2]2026-02-21+25,000→ 707,916 total - Tax Payment
Ordinary Shares
[F3]2026-02-21$7.45/sh−11,750$87,538→ 696,166 total - Exercise/Conversion
Restricted Share Units
[F2][F1]2026-02-21−25,000→ 25,000 total→ Ordinary Shares (25,000 underlying)
Footnotes (3)
- [F1]Represents vesting of one-quarter of restricted share units granted on February 21, 2023.
- [F2]Each restricted share unit converts into one ordinary share upon vesting.
- [F3]Shares withheld for payment of taxes upon vesting of award.