Form 4: Lantheus Holdings Chief Accounting Officer Andrea Sabens Executes Stock Sale Under 10b5-1 Plan
SEC Form 4
Andrea Sabens, Chief Accounting Officer of Lantheus Holdings, sold 341 shares of common stock at $76.89 per share on May 13, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 13, 2024, Andrea Sabens, the Chief Accounting Officer of Lantheus Holdings, Inc., sold 341 shares of common stock.
- The sale was executed at a price of $76.89 per share.
- This transaction was conducted under a Rule 10b5-1 trading plan adopted on August 11, 2023.
- Following the transaction, Sabens directly owns 62,898 shares of Lantheus Holdings, Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
Sales by company insiders are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the insider is selling shares at predetermined times and prices to avoid accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| August 11, 2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| May 13, 2024 | Date of the transaction (stock sale) |
| May 15, 2024 | Date of signature on the Form 4 filing |
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