Form 4: Lantheus Holdings Director Transfers Shares to Revocable Trusts
SEC Form 4 Filing
Director Gary J. Pruden transferred shares of Lantheus Holdings, Inc. common stock to revocable trusts for estate planning purposes, while retaining beneficial ownership.
Summary
- On May 20, 2024, Gary J. Pruden, a director of Lantheus Holdings, Inc., transferred 2,012 shares of LNTH common stock to the Georgeane Pruden Revocable Trust for no consideration.
- Pruden and his spouse are trustees of the Georgeane Pruden Revocable Trust, with their children as the sole beneficiaries.
- Pruden also indirectly owns 8,449 shares through the Georgeane Pruden Revocable Trust and 24,508 shares through the Gary J. Pruden Revocable Trust.
- The reporting person and his spouse are trustees of the Gary J. Pruden Revocable Trust, and the reporting person's children are the sole beneficiaries of the trust.
- Pruden retains beneficial ownership of the securities held by both trusts.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transfer of shares to a revocable trust has minimal direct impact on stakeholders, as the director retains beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the share transfer to the Georgeane Pruden Revocable Trust |
| 05/22/2024 | Date of signature by attorney-in-fact |
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