Fleck Penny Renee 4
Research Summary
AI-generated summary
MeiraGTx (MGTX) CDO Penny Fleck Receives 200,000-Share Awards
What Happened
Penny Renee Fleck, Chief Development Officer of MeiraGTx Holdings plc (MGTX), received two equity awards on 2026-05-13: a grant of 100,000 derivative option units and a grant of 100,000 restricted share units (RSUs). Both awards were recorded at $0.00 per unit (standard for grants) for a total of 200,000 units; no cash changed hands. These are compensation awards (neither an open‑market purchase nor a sale).
Key Details
- Transaction date: 2026-05-13; Form 4 filed 2026-05-14 (appears timely).
- Awards: 100,000 option/derivative units (F1) and 100,000 RSUs (F2/F3). Grant price reported $0.00.
- Shares owned after transaction: not specified in the provided filing data.
- Footnotes of note:
- F1 (options): vests 25% on May 1, 2027, then the remainder vests in 36 equal monthly installments.
- F2 (RSUs): each RSU converts into one ordinary share upon vesting.
- F3 (RSU vesting): 50% vests May 1, 2028; 25% vests May 1, 2029; 25% vests May 1, 2030.
- No 10b5-1 plan, tax‑withholding sale, or other special conditions disclosed in the provided data.
Context
These entries are compensation awards common for executives. The option grant vests over time (multi‑year cliff then monthly vesting); RSUs convert into ordinary shares only as they vest per the schedule above. Because these are grants (not purchases or sales), they do not reflect immediate market buying or proceeds.