MeiraGTx (MGTX) CFO sells 56,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MeiraGTx Holdings plc CFO & COO Richard Giroux reported an open-market sale of 56,000 Ordinary Shares at a weighted average price of $10.22 per share. The sale was executed as a single economic event across multiple trades at prices ranging from $9.96 to $10.60.
Following this transaction, Giroux directly holds 971,530 Ordinary Shares. He also reports indirect ownership of 85,000 shares through Aigle Healthcare Partners III LLC and 5,152 shares held by his spouse. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 56,000 shares ($572,320)
Net Sell
3 txns
Insider
Giroux Richard
Role
CFO & COO
Sold
56,000 shs ($572K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 56,000 | $10.22 | $572K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 971,530 shares (Direct, null);
Ordinary Shares — 5,152 shares (Indirect, By Spouse)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $9.96 to $10.60, inclusive. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 56,000 shares
Weighted average sale price: $10.22 per share
Price range of sales: $9.96–$10.60 per share
+4 more
7 metrics
Shares sold
56,000 shares
Open-market sale of Ordinary Shares
Weighted average sale price
$10.22 per share
Average price for 56,000-share sale
Price range of sales
$9.96–$10.60 per share
Range of individual trade prices
Direct holdings after transaction
971,530 shares
Ordinary Shares held directly by CFO after sale
Indirect holdings via Aigle Healthcare Partners III LLC
85,000 shares
Ordinary Shares held indirectly through LLC
Indirect holdings via spouse
5,152 shares
Ordinary Shares held indirectly by spouse
Rule 10b5-1 plan adoption date
November 18, 2025
Date trading plan for the sale was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, open-market sale, Ordinary Shares, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sales price financial
"The price reported reflects the weighted average sales price."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect"
FAQ
What did MeiraGTx (MGTX) CFO Richard Giroux report in this Form 4?
He reported an open-market sale of 56,000 MeiraGTx Ordinary Shares at a weighted average price of $10.22 per share. The filing also details his remaining direct and indirect shareholdings after the transaction.
What indirect MeiraGTx (MGTX) holdings are disclosed for the CFO in this Form 4?
The filing lists 85,000 Ordinary Shares held indirectly through Aigle Healthcare Partners III LLC and 5,152 Ordinary Shares held by his spouse. These positions are reported as indirect ownership interests separate from his direct holdings.