Emmons Lance 4
Research Summary
AI-generated summary
MIAX CFO Lance Emmons Receives RSU and Option Awards
What Happened
- Lance Emmons, EVP and Chief Financial Officer of Miami International Holdings, Inc. (MIAX), was granted equity awards on 2026-06-16 totaling 75,622 shares. The filing shows three awards: 37,276 restricted stock units (RSUs) and two derivative awards totaling 38,346 shares (2,485 and 35,861) — all reported at $0.00 acquisition price (grant). These were reported on a Form 4 filed 2026-06-18. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date(s) and price(s): 2026-06-16, acquisition price $0.00 (grant) for all awards.
- Award totals: 37,276 RSUs; 2,485 shares subject to an option; 35,861 shares subject to an option — combined 75,622 shares.
- Shares owned after transaction: Not disclosed in the provided filing.
- Vesting/footnotes:
- F1 (37,276 RSUs): vest 12,426 on 6/16/2027, 12,425 on 6/16/2028, and 12,425 on 6/16/2029, subject to continued service.
- F2 (2,485 option shares): vest 829 on 6/16/2027, 828 on 6/16/2028, and 828 on 6/16/2029, subject to continued service.
- F3 (35,861 option shares): vest 11,955 on 6/16/2027, 11,953 on 6/16/2028, and 11,953 on 6/16/2029, subject to continued service.
- Timeliness: Form 4 filed 2026-06-18 for a 2026-06-16 transaction — appears to be filed within the standard two-business-day window.
Context
- These grants are compensation awards and vest over three years; they are not immediate cash or open-market purchases/sales. The two derivative entries are option awards (shares subject to options) that vest in installments; no exercise or sale of options is reported here. Such awards are common executive compensation and do not, by themselves, indicate buying or selling pressure in the market.