Form 4: Lantheus Holdings Director Mary Anne Heino Executes Stock Sales Under 10b5-1 Plan

Sentiment:

SEC Form 4 Filing


Mary Anne Heino, a director at Lantheus Holdings, sold shares of common stock on August 2, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • On August 2, 2024, Mary Anne Heino, a director of Lantheus Holdings, Inc. (LNTH), sold shares of the company's common stock.
  • The sales were executed under a Rule 10b5-1 trading plan adopted on March 13, 2024.
  • A total of 6,724 shares were sold at a weighted average price of $95.2003, with individual prices ranging from $94.665 to $95.66.
  • An additional 3,661 shares were sold at a weighted average price of $96.0097, with individual prices ranging from $95.675 to $96.49.
  • Finally, 96 shares were sold at $96.68.
  • Following these transactions, Heino directly owns 454,923 shares of Lantheus Holdings common stock.
  • Heino also indirectly owns 37,720 shares and 130,134 shares through a Grantor Retained Annuity Trust (GRAT).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

Insider trading activity, especially sales, is closely watched by investors for signals about a company's prospects. However, sales under a pre-arranged 10b5-1 plan are generally viewed as less informative since they are planned in advance.

Stakeholder Impact

  • Shareholders may be interested in insider trading activity as an indicator of management's view of the company's prospects.

Key Dates

DateDescription
2024/03/13Date of adoption of Rule 10b5-1 trading plan
2024/06/07Date of transfer of 41,260 shares from a Grantor Retained Annuity Trust (GRAT) to the Grantor
2024/08/02Date of stock sales
2024/08/06Date of Form 4 filing

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