Wollin Robert J 4
Research Summary
AI-generated summary
MeiraGTx (MGTX) GC Robert Wollin Vests RSUs; Shares Withheld
What Happened
- Robert J. Wollin, General Counsel and Secretary of MeiraGTx (MGTX), had 11,250 restricted share units (RSUs) vest on February 21, 2026. Each RSU converted into one ordinary share upon vesting.
- To cover tax withholding, 5,949 of the newly vested shares were withheld and disposed at $7.45 per share for total tax withholding of $44,320. The net shares delivered to Wollin were 5,301 (11,250 vested minus 5,949 withheld).
- This was a vesting/tax-withholding event (routine issuance/conversion), not an open‑market purchase or a voluntary sale.
Key Details
- Transaction date: 2026-02-21. Filing date (Form 4): 2026-02-23.
- Vesting/conversion: 11,250 RSUs converted into 11,250 ordinary shares (transaction code M).
- Tax withholding: 5,949 shares withheld/disposed at $7.45 per share for $44,320 (transaction code F).
- Net shares received by insider: 5,301 shares.
- Footnotes: F1 = one-quarter of RSUs granted Feb 21, 2023 vested; F2 = each RSU converts to one ordinary share; F3 = shares were withheld to pay taxes.
- Timeliness: Filed two days after the transaction date; this is within the normal two-business-day reporting window (not marked late).
Context
- This was an RSU vesting event with shares withheld to satisfy tax obligations—a common, administrative transaction that does not by itself indicate insider sentiment about the stock.
- For retail investors: vesting and withholding are routine compensation mechanics. The key takeaway is the net increase in insider-held shares (5,301), not a deliberate buy or sell in the open market.