Form 4: Lantheus Holdings Chief Accounting Officer Andrea Sabens Sells Shares Under 10b5-1 Trading Plan

Andrea Sabens, Chief Accounting Officer of Lantheus Holdings, sold shares of common stock on July 15 and 16, 2024, under a pre-arranged Rule 10b5-1 trading plan to cover tax liabilities.

Summary

• Andrea Sabens, the Chief Accounting Officer of Lantheus Holdings, Inc., reported the sale of company stock.
• The sales occurred on July 15 and July 16, 2024.
• On July 15, 341 shares were sold at a price of $123.15 per share.
• On July 16, 1,796 shares were sold at a price of $124.957 per share.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on August 11, 2023.
• The sales were to cover tax liabilities resulting from the vesting of equity awards.
• Following these transactions, Andrea Sabens directly owns 60,420 shares of Lantheus Holdings, Inc.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. The sales were conducted under a pre-arranged trading plan to cover tax liabilities, which is a common practice.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It is common for executives to sell shares to cover tax obligations related to equity compensation.

Stakeholder Impact

• The stock sales could have a minor negative impact on shareholder sentiment, but the impact is likely to be minimal given the pre-planned nature of the transactions and the reason for the sales.

Key Dates