Form 4: Lantheus Holdings Director Gary J. Pruden Executes Stock Sale Under 10b5-1 Plan

Director Gary J. Pruden sold 12,530 shares of Lantheus Holdings (LNTH) at $95.04 per share on July 10, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On July 10, 2024, Gary J. Pruden, a director of Lantheus Holdings, Inc. (LNTH), sold 12,530 shares of common stock at a price of $95.04 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on May 17, 2023.
• Following the transaction, Pruden directly owns 2,635 shares and indirectly owns 8,449 shares through the Georgeane Pruden Revocable Trust and 11,978 shares through the Gary J. Pruden Revocable Trust.
• Pruden and his spouse are trustees, and their children are the sole beneficiaries of both revocable trusts, but Pruden remains the beneficial owner of the securities held by the trusts.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was pre-planned under a 10b5-1 trading plan and doesn't necessarily indicate a change in the director's outlook on the company.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It is important to monitor insider transactions as they can provide insights into management's perspective on the company's valuation and future prospects. However, sales under 10b5-1 plans are often pre-scheduled and may not necessarily reflect a change in sentiment.

Key Dates