The recent filing of an insider sale by MeiraGTx Holdings plc (NASDAQ:MGTX) President & CEO, Forbes Alexandria, signals activity in the company's share structure. According to a Form 4 submission filed with the Securities and Exchange Commission, Ms. Forbes sold 62,000 ordinary shares of MeiraGTx stock on May 19, 2026. The total value realized from these transactions amounted to $568,540.
The sale was structured across multiple trades, with the per-share prices ranging between $8.96 and $9.32. This resulted in a weighted average sale price of $9.17 per share. Notably, these shares were liquidated under the framework of a Rule 10b5-1 trading plan, a mechanism Ms. Forbes adopted on November 18, 2025.
This insider selling activity takes place against a backdrop of substantial performance and corporate milestones for MeiraGTx. Over the past year, the company's stock has achieved a 66% return, currently trading at $9.13. Despite this appreciation, InvestingPro analysis suggests that the stock may be slightly overvalued compared to its Fair Value estimate. While analysts have set price targets spanning from $19 to $50, the company currently maintains a