Smollen John 4
4 · MIAMI INTERNATIONAL HOLDINGS, INC. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
MIAX EVP John Smollen Surrenders 362 Shares for Tax Withholding
What Happened
John Smollen, EVP of New Product Development at Miami International Holdings, surrendered 362 shares on 2026-03-30 at $37.50 per share (total value $13,575) to satisfy tax withholding obligations related to the net settlement of restricted stock awards. Per the filing footnote, this surrender was to cover tax withholding and was not a sale by the reporting person.
Key Details
- Transaction date: 2026-03-30; Price: $37.50; Shares involved: 362; Implied value: $13,575.
- Filing date: 2026-04-01 (filed within the typical two-business-day window).
- Shares owned after transaction: Not specified in this filing; footnote F2 notes a correction to a prior clerical error about beneficial ownership.
- Footnote F1 clarifies the shares were surrendered to the company to satisfy tax withholding in connection with net settlement of restricted stock and do not represent a market sale.
- No 10b5-1 plan or other trading plan was indicated in the filing.
Context
This was a tax-withholding/net-settlement event related to restricted stock (routine administrative transaction), not an open-market sale or purchase. Such surrenders are common when companies net-settle awards and generally do not indicate insider sentiment about the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-30$37.50/sh−362$13,575→ 170,757 total
Footnotes (2)
- [F1]Represents shares that have been surrendered to the Company to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock awards and does not represent a sale by the reporting person.
- [F2]Reflects a correction to a clerical error in the Reporting Person's previous filings as to the amount of securities beneficially owned.