Form 4: Lantheus Holdings Director Mary Anne Heino Transfers Over 179,000 Shares to New Family Trust

Lantheus Holdings, Inc. Director Mary Anne Heino reported a gift of 179,300 shares of common stock to a newly established family trust, a transaction primarily for estate planning purposes.

Summary

• Mary Anne Heino, a Director of Lantheus Holdings, Inc. (LNTH), reported changes in her beneficial ownership of common stock via a Form 4 filing.
• On May 27, 2025, Ms. Heino directly disposed of 179,300 shares of common stock through a gift transaction (Transaction Code G) at a price of $0.
• Concurrently, 179,300 shares of common stock were acquired indirectly by The Heino 2024 Family Trust, also via a gift transaction at a price of $0.
• This transaction represents a re-allocation of shares from Ms. Heino's direct ownership to a new family trust, likely for estate planning purposes.
• Following these reported transactions, Ms. Heino's beneficial ownership includes 344,716 shares held directly.
• Her indirect holdings include 40,434 shares held by The Mary Anne Fennell Heino Revocable Trust 2018, 179,300 shares by The Heino 2024 Family Trust, 37,719 shares by a Grantor Retained Annuity Trust, and 8,618 shares by a Heino Irrevocable Trust.
• A separate transfer of 50,000 shares from Ms. Heino to The Mary Anne Fennell Heino Revocable Trust 2018 occurred on May 22, 2025, which is exempt from Section 16 reporting pursuant to Rule 16a-13.

Sentiment

Score: 5

Explanation: The transaction is a routine internal transfer of shares for estate planning purposes by a director. It does not indicate a change in the company's operational performance or a significant shift in the director's overall commitment to the company, thus having a neutral impact on sentiment.

Positives

• The transaction represents a strategic re-allocation of assets for estate planning purposes, which can be a sign of prudent long-term financial planning by a director.
• The shares remain beneficially owned by entities controlled by or for the benefit of the reporting person, indicating continued alignment of interests with shareholders.

Negatives

• The transaction involves a disposition of direct shares, which, while offset by an indirect acquisition, technically reduces the direct holding of the director.

Future Outlook

NA

Management Comments

• "/s/ Eric M. Green, attorney-in-fact" (Signature of Reporting Person's attorney-in-fact).

Industry Context

This Form 4 filing is a routine disclosure of an insider's change in beneficial ownership, common for directors and officers managing their personal holdings, often for estate planning. It does not provide information on broader industry trends or competitive landscape.

Comparison to Industry Standards

• Form 4 filings are standard regulatory disclosures for insider transactions.
• The nature of this transaction (a gift to a family trust) is a common practice for high-net-worth individuals for estate planning and wealth management, aligning with typical practices among corporate directors.
• No specific comparable companies, projects, or results are mentioned in this document.

Related Party Transactions

• The transfer of shares to family trusts (The Heino 2024 Family Trust and The Mary Anne Fennell Heino Revocable Trust 2018) can be considered related party transactions, as these trusts are established for the benefit of the reporting person's family. This is a standard type of transaction reported on Form 4 for estate planning purposes.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares remain beneficially owned by entities related to a director, indicating continued alignment of interests. No change in the total outstanding shares.
• Employees, Customers, Suppliers, Creditors: No direct impact from this ownership transfer.

Key Dates

Recommendation

Keywords

Lantheus Holdings, LNTH, SEC Form 4, Beneficial Ownership, Insider Transaction, Director Stock, Stock Transfer, Estate Planning, Common Stock, Mary Anne Heino