MeiraGTx Holdings plc·4

Jan 21, 9:21 PM ET

Wollin Robert J 4

Research Summary

AI-generated summary

Updated

MeiraGTx (MGTX) GC Robert J. Wollin Receives RSUs; Withholds 27,206 Shares

What Happened

  • Robert J. Wollin, General Counsel and Secretary of MeiraGTx (MGTX), had 50,000 restricted share units (RSUs) vest on January 17, 2026. Each RSU converts into one ordinary share upon vesting, so 50,000 shares were issued.
  • To satisfy tax withholding, 27,206 shares were withheld at an implied price of $7.42 per share, generating proceeds of $201,869. Net shares delivered to Wollin were approximately 22,794.
  • This was not an open-market sale of shares for investment purposes but a routine cashless settlement to cover tax liabilities upon vesting.

Key Details

  • Transaction date: 2026-01-17; Form 4 filed: 2026-01-21.
  • Vesting: 50,000 RSUs converted to 50,000 ordinary shares (footnotes indicate this is one-half of RSUs granted Jan 17, 2024; each RSU converts into one share).
  • Tax withholding: 27,206 shares withheld at $7.42/share = $201,869 (shares disposed to cover tax liability).
  • Net shares received: ~22,794 shares (50,000 issued minus 27,206 withheld).
  • Ownership after transaction: not stated in the filing summary provided.
  • Filing timeliness: form filed Jan 21 for a Jan 17 transaction (filing date shown; no late-filing flag supplied).

Context

  • This is a standard RSU vesting and tax-withholding transaction (a cashless settlement), not a purchase or a market sale indicating a trading decision.
  • For retail investors, vesting + withholding is common compensation-related activity and generally reflects routine employee compensation rather than a bullish or bearish signal.