Correction: Transactions of Managers and Closely Associated Persons
Rhea-AI Summary
Alvotech (NYSE:ALVO) disclosed corrected filings to the Luxembourg CSSF reporting manager and closely associated person transactions by ATP Holdings ehf. The filings show an acquisition of 4,812,257 shares on December 17, 2025 and a sale of 2,110,640 shares on December 19, 2025, both at SEK 44.06 per share. The notice corrects an earlier version that mischaracterized the December 19, 2025 transaction. Attachments reference two CSSF filings dated January 5, 2026.
Positive
- Acquisition of 4,812,257 shares on 2025-12-17 at SEK 44.06
- Corrected disclosure increases transparency on insider activity
Negative
- Sale of 2,110,640 shares on 2025-12-19 at SEK 44.06
- Earlier announcement mischaracterized the 2025-12-19 transaction
News Market Reaction
On the day this news was published, ALVO gained 1.50%, reflecting a mild positive market reaction. This price movement added approximately $21M to the company's valuation, bringing the market cap to $1.43B at that time.
Data tracked by StockTitan Argus on the day of publication.
Attached are copies of two filings with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons. ATP Holdings ehf. announced two transactions, an acquisition of 4,812,257 shares in Alvotech on December 17, 2025, and a sale of 2,110,640 shares in Alvotech on December 19, 2025. The transaction price in both cases was SEK 44.06 per share.
(In the original version of the announcement issued on January 6, 2025, the December 19, 2025, transaction was incorrectly referred to as an acquisition of shares.)
Attachments