Megaport Issues 943,234 Unquoted Restricted Stock Units Under Employee Plan

Megaport ( (AU:MP1) ) has issued an update.

Megaport Limited has notified the market of the issue of 943,234 unquoted restricted stock units under its employee incentive scheme. The new securities, classified as MP1AE restricted stock units and not intended to be quoted on the ASX, were issued on 2 March 2026, underscoring the company’s continued use of equity awards to incentivise and retain employees.

The transaction does not involve a public capital raising but reflects ongoing dilution from staff equity grants, a common practice among growing technology and infrastructure providers. For existing shareholders, the move marginally increases the company’s share-based obligations while aligning employee rewards more closely with Megaport’s long-term performance.

The most recent analyst rating on (AU:MP1) stock is a Buy with a A$14.65 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.

More about Megaport

Megaport Limited is a connectivity services provider listed on the ASX under the code MP1. The company operates equity-based employee incentive schemes, issuing unquoted securities such as restricted stock units to staff as part of its remuneration and retention strategy.

YTD Price Performance: -27.77%

Average Trading Volume: 960,228

Technical Sentiment Signal: Sell

Current Market Cap: A$1.56B

For an in-depth examination of MP1 stock, go to TipRanks’ Overview page.