Form 4: Lantheus Holdings President Paul Blanchfield Reports Share Transactions
SEC Form 4 Filing
Paul Blanchfield, President of Lantheus Holdings, reports acquisition of shares through vesting of performance-based restricted stock units and disposition of shares to cover tax obligations.
Summary
- On March 3, 2025, Paul Blanchfield, President of Lantheus Holdings, Inc., reported transactions involving the company's common stock.
- Blanchfield acquired 13,769 shares of common stock upon the vesting of performance-based restricted stock units (PSUs).
- These PSUs were previously granted and included in a Form 4 filing on March 7, 2022, with the current transaction reflecting the difference between the actual vested shares (200% of target) and the originally reported target number.
- Additionally, Blanchfield disposed of 16,594 shares of common stock at a price of $94.86 per share.
- Following these transactions, Blanchfield directly owns 93,912 shares of Lantheus Holdings, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The acquisition of shares through PSU vesting is a positive sign, but the subsequent disposal of shares offsets this to some extent. The transactions appear to be routine and related to compensation.
Positives
- The vesting of PSUs indicates that performance targets related to Total Shareholder Return were met, suggesting positive company performance.
Negatives
- The disposal of 16,594 shares could be perceived negatively, although it is likely related to covering tax obligations associated with the vesting of the PSUs.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The vesting of PSUs aligns management's interests with those of shareholders by incentivizing performance that drives shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/07/2022 | Original Form 4 filing date for the performance-based restricted stock units (PSUs). |
| 03/03/2025 | Date of the reported transactions: acquisition of shares through PSU vesting and disposition of shares. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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