Opus Genetics CEO Magrath George exercised Options for 392,157 shares at $1.15 per share. The transaction left him with 2,124,026 shares, while a separate forfeiture left him with 2,048,485 shares and left 0 derivative securities, giving investors updated ownership figures.

Key Highlights

  • Magrath George forfeited 75,541 Opus Genetics shares at $5.97 per share.
  • His reported share ownership stood at 2,048,485 shares after the forfeiture.
  • The exercised derivative-securities position fell to 0, representing about 100.0% of his prior holding.

Opus Genetics, Inc. (NASDAQ: IRD) CEO Magrath George exercised options for 392,157 shares at $1.15 per share on 9 September 2026. The exercise represented about 18.5% of his resulting share holding, which stood at 2,124,026 shares afterward.

Option Exercise and Share Forfeiture Details

The same date’s records show a forfeiture of 75,541 shares at $5.97 per share, under transaction code F. After that transaction, his reported share ownership was 2,048,485 shares, and the forfeiture represented about 3.6% of his prior share holding. The records identify George as chief executive officer of Opus Genetics.

Resulting Ownership Position

The ownership records separate Opus Genetics common shares from derivative securities. Following the option exercise, George held 2,124,026 shares, while the later forfeiture brought the reported share count to 2,048,485. The derivative-securities position associated with the exercised options fell to 0, representing about 100.0% of his prior derivative securities holding. The disclosed percentages relate separately to the resulting share holding, the prior share holding before forfeiture and the prior derivative securities position. Transaction code F denotes shares withheld or delivered to cover taxes or an exercise price.