Giroux Richard 4

What Happened Richard Giroux, MeiraGTx’s Chief Financial Officer and Chief Operating Officer, had 60,000 restricted share units (RSUs) vest on Feb 21, 2026. Upon vesting each RSU converted into one ordinary share; 31,726 of those shares were withheld to satisfy tax withholding at $7.45 per share ($236,359). The net result: 28,274 ordinary shares were issued to Giroux.

Key Details

• Transaction date: February 21, 2026; Form 4 filed February 23, 2026 (appears timely).
• Vesting: 60,000 RSUs vested (one-quarter of the RSUs granted Feb 21, 2023).
• Tax withholding: 31,726 shares withheld and valued at $7.45/share for total withholding of $236,359.
• Net shares received by insider: 28,274 ordinary shares.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = tax withholding (shares withheld to pay taxes).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1—one-quarter of RSUs granted on 2/21/2023 vested; F2—each RSU converts to one share on vesting; F3—shares were withheld to pay taxes.

Context This was not an open-market sale or purchase but a routine RSU vesting with shares withheld for tax obligations (a common "cashless" mechanism). Such internal withholding to cover taxes does not necessarily signal a change in the insider’s market view.