Jayabalan Harish 4
4 · MIAMI INTERNATIONAL HOLDINGS, INC. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
MIAX EVP Jayabalan Harish Receives Equity Award
What Happened
Jayabalan Harish, Executive Vice President, Chief Information Security Officer and Chief Risk Officer of Miami International Holdings, received equity awards on June 16, 2026. The filing reports three grants: 4,660 restricted stock units (RSUs) and two derivative awards (option grants) of 2,485 and 34,808 shares. All were reported with an acquisition price of $0.00 — these are grants, not purchases or exercises.
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (filed within the usual two-business-day window).
- Awards and counts: 4,660 RSUs (F1); 2,485 option shares (F2); 34,808 option shares (F3). Total = 41,953 shares.
- Vesting (per footnotes):
- RSUs (4,660): vest 1,554 on 6/16/2027, 1,553 on 6/16/2028, 1,553 on 6/16/2029 (service-based).
- 2,485 option shares: vest 829 on 6/16/2027, 828 on 6/16/2028, 828 on 6/16/2029 (service-based).
- 34,808 option shares: vest 11,604 on 6/16/2027, 11,602 on 6/16/2028, 11,602 on 6/16/2029 (service-based).
- Acquisition price reported: $0.00 (no cash paid at grant).
- Shares owned after transaction: not disclosed in this filing.
- No sale or exercise occurred; these are compensation/retention awards.
Context
These grants are typical long-term compensation/retention awards that vest over three years subject to continued service. Because they are grants (RSUs and option awards) and not open-market purchases, they do not signal an immediate personal cash investment by the insider. For investors, purchases or exercised-and-sold transactions often convey clearer near-term sentiment than routine equity compensation grants.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-16+4,660→ 78,065 total - Award
Incentive Stock Option (Right to Buy)
[F2]2026-06-16+2,485→ 2,485 totalExercise: $40.24Exp: 2036-06-15→ Common Stock (2,485 underlying) - Award
Nonqualified Stock Option (Right to Buy)
[F3]2026-06-16+34,808→ 34,808 totalExercise: $40.24Exp: 2036-06-15→ Common Stock (34,808 underlying)
Footnotes (3)
- [F1]The amount represents restricted stock units ("RSUs") that vest as to 1,554 on June 16, 2027, 1,553 on June 16, 2028 and the remaining 1,553 on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
- [F2]829 of the shares subject to this option will vest on June 16, 2027, 828 of the shares subject to this option will vest on June 16, 2028 and the remaining 828 of the shares subject to this option will vest on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through the applicable vesting date.
- [F3]11,604 of the shares subject to this option will vest on June 16, 2027, 11,602 of the shares subject to this option will vest on June 16, 2028 and the remaining 11,602 of the shares subject to this option will vest on June 16, 2029, subject to the Reporting Person's continued service to the Issuer or its subsidiaries through the applicable vesting date.