Form 4: Lantheus Holdings President Paul Blanchfield Sells Shares Under 10b5-1 Trading Plan

Paul Blanchfield, President of Lantheus Holdings, sold 1,179 shares of common stock at a price of $80.82 per share on May 31, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 31, 2024, Paul Blanchfield, the President of Lantheus Holdings, Inc., sold 1,179 shares of the company's common stock.
• The sale was executed at a price of $80.82 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted by Blanchfield on March 1, 2024.
• Following the transaction, Blanchfield directly owns 101,498 shares of Lantheus Holdings, Inc.

Sentiment

Score: 5

Explanation: The document simply reports a stock sale under a pre-arranged trading plan, indicating a neutral sentiment.

Industry Context

Sales by company presidents are common and often pre-planned to avoid insider trading accusations. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a company president could cause minor short-term fluctuations in the stock price, but the impact is likely to be minimal due to the pre-planned nature of the transaction.

Key Dates