Beckelman John 4
Research Summary
AI-generated summary
MIAX Director John Beckelman Receives RSU Awards
What Happened
John Beckelman, a director of Miami International Holdings, Inc. (MIAX), was awarded a total of 7,237 restricted stock units (RSUs). On 2026-06-15, 2,267 RSUs vested and were acquired by Beckelman at $0.00 per share (total cash cost $0). On 2026-06-16, an additional 4,970 RSUs were granted that vest on the last business day immediately preceding the 2027 annual meeting, subject to continued service.
Key Details
- Transaction types: Awards/Grants (Code A)
- Dates: 2026-06-15 (2,267 RSUs vested/acquired), 2026-06-16 (4,970 RSUs granted)
- Price: $0.00 per share for both entries (RSUs represent rights to receive shares)
- Total RSUs awarded: 7,237; total cash paid: $0
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing date: 2026-06-17 (filed promptly; not indicated as late)
- Footnotes: F1 — 2,267 RSUs fully vested on grant date and convert to shares; F2 — 4,970 RSUs vest before the 2027 annual meeting, contingent on continued service
Context
RSU awards are compensation, not open-market purchases or sales. The immediate vesting of 2,267 RSUs resulted in Beckelman acquiring shares at no cash cost; the remaining 4,970 RSUs are time-based and will convert to shares only if service conditions are met. Such grants are routine executive/director compensation and do not, by themselves, indicate insider buying or selling intent.