Form 4: Lantheus Holdings Director Sells Over 26,000 Shares Under Pre-Arranged Trading Plan
Insider Transaction Report
Mary Anne Heino, a director at Lantheus Holdings, Inc. (LNTH), sold a total of 26,066 shares of common stock on June 2, 2025, through a pre-established Rule 10b5-1 trading plan.
Summary
- Mary Anne Heino, a Director of Lantheus Holdings, Inc. (LNTH), reported the sale of 26,066 shares of common stock.
- The sales occurred on June 2, 2025, and were executed under a Rule 10b5-1 trading plan adopted on March 3, 2025.
- One block of 3,140 shares was sold at a weighted average price of $74.9039, with prices ranging from $74.40 to $75.35.
- Another block of 22,926 shares was sold at a weighted average price of $77.0903, with prices ranging from $76.64 to $77.59.
- Following these transactions, Mary Anne Heino's direct beneficial ownership of common stock is 318,650 shares.
- Additionally, she holds indirect beneficial ownership of 37,719 shares via a Grantor Retained Annuity Trust, 40,434 shares via The Mary Anne Fennell Heino Revocable Trust 2018, 8,618 shares via Heino Irrevocable Trust, and 179,300 shares via The Heino 2024 Family Trust.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of insider stock sales conducted under a pre-arranged plan, which is generally considered neutral in sentiment as it does not reflect new operational or financial performance.
Positives
- The transactions were conducted under a Rule 10b5-1 trading plan, which provides an affirmative defense against insider trading allegations by pre-scheduling trades, enhancing transparency and compliance.
Negatives
- The sale of shares by a director, while pre-planned, represents a reduction in insider ownership, which some investors may interpret as a lack of confidence, though this is mitigated by the 10b5-1 plan.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This document is a routine insider transaction report (Form 4) and does not provide information relevant to broader industry trends or competitive analysis. It reflects an individual director's stock transactions.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Policy Implementation | The transactions were conducted pursuant to a Rule 10b5-1 trading plan, which is a corporate governance mechanism allowing insiders to sell shares in a pre-scheduled manner to avoid accusations of trading on material non-public information. | 03/03/2025 | Enhances transparency and reduces potential for insider trading concerns related to the director's stock sales. |
Related Party Transactions
- Mary Anne Heino holds indirect beneficial ownership of common stock through various trusts: 37,719 shares via a Grantor Retained Annuity Trust, 40,434 shares via The Mary Anne Fennell Heino Revocable Trust 2018, 8,618 shares via Heino Irrevocable Trust, and 179,300 shares via The Heino 2024 Family Trust.
Stakeholder Impact
- Shareholders: May note the director's sale of shares, though the pre-planned nature under a 10b5-1 plan typically mitigates negative interpretations.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date Rule 10b5-1 trading plan was adopted by the reporting person. |
| 06/02/2025 | Date of the reported stock transactions (sales). |
| 06/04/2025 | Date the Form 4 filing was signed. |
Keywords
Lantheus Holdings, LNTH, Form 4, insider trading, stock sale, director, beneficial ownership, 10b5-1 plan, SEC filing
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