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Alvotech (ALVO) disclosed manager-related transactions involving a significant share pledge. Filings with Luxembourg's CSSF report that Celtic Lux Holdings pledged 88,940,619 shares and 7,007,321 depository receipts in Alvotech. The transactions, classified as dealings by managers and closely associated persons, were dated June 26, 2026.
Market move: ALVO -4.16% in the Jul 6 session. managers transaction filing
$1.22BMarket Cap
On Jul 6, the first trading day after this news, ALVO closed 4.16% below the previous close.
Our momentum scanner recorded 2 alerts for this stock that day.
Data tracked by StockTitan Argus for the Jul 6 session.
Priced public offering and concurrent private placement targeting sizable gross proceeds.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
depository receipts, commission de surveillance du secteur financier, cssf, managers and closely associated persons
4 terms
depository receiptsfinancial
"announcing the pledging of (i) 88,940,619 shares and (ii) 7,007,321 depository receipts on shares"
A depository receipt is a tradable certificate issued by a bank that represents ownership of shares held in a foreign company, letting investors buy and sell those shares on their local stock market without dealing with the foreign exchange and custody details. Think of it as a local receipt for a piece of a foreign company kept in a secure vault abroad; it matters because it makes international investing easier, often increases liquidity, and can affect dividend payments and currency risk.
commission de surveillance du secteur financierregulatory
"two filings with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions"
A national financial watchdog that supervises banks, fund managers and other financial firms to ensure they follow rules, protect customers and keep markets stable. Think of it like a referee and safety inspector for a country’s financial system: it checks that companies operate fairly, have enough money to cover risks, and report accurate information. Investors care because its oversight affects the safety of deposits, the reliability of financial information, and overall market confidence.
cssfregulatory
"filings with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions"
The CSSF is the national financial regulator that oversees banks, investment funds, payment providers and other financial firms in its jurisdiction, issuing licenses, monitoring compliance and enforcing rules. For investors, the CSSF matters because it acts like a traffic cop for the financial system—setting standards and stepping in to reduce fraud, manage risks and protect clients, which helps preserve market integrity and confidence in firms and products.
managers and closely associated personsregulatory
"filings with the Luxembourg Commission ... regarding transactions of managers and closely associated persons"
Managers and closely associated persons are the people who run a company—such as executives and board members—and the people or entities tied to them, like family members, household partners, or companies they control. Investors care because these individuals have access to nonpublic information and their trades reveal insider confidence or conflicts of interest; knowing who they are is like watching a team’s captains and their close aides to judge how decisions and incentives really work.
Attached are copies of two filings with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons, announcing the pledging of (i) 88,940,619 shares and (ii) 7,007,321 depository receipts on shares in Alvotech by Celtic Lux Holdings S.a. r.l. (formerly known as Alvogen Lux Holdings S.a. r.l.).The date of the transactions was June 26, 2026.
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Alvotech (ALVO) report on July 3, 2026?
Alvotech reported that Celtic Lux Holdings pledged 88,940,619 shares and 7,007,321 depository receipts in Alvotech. According to Alvotech, these transactions were disclosed to the Luxembourg CSSF as dealings by managers and closely associated persons dated June 26, 2026.
Who is Celtic Lux Holdings in relation to Alvotech (ALVO) manager transactions?
Celtic Lux Holdings is the entity that pledged Alvotech shares and depository receipts reported as manager-related transactions. According to Alvotech, Celtic Lux Holdings, formerly Alvogen Lux Holdings, executed these pledges and notified the Luxembourg CSSF under the managers and closely associated persons rules.
How many Alvotech (ALVO) shares were pledged in the June 26, 2026 transaction?
The June 26, 2026 transaction involved the pledge of 88,940,619 Alvotech shares. According to Alvotech, Celtic Lux Holdings also pledged 7,007,321 depository receipts, and both pledges were reported to the Luxembourg CSSF as transactions by managers and closely associated persons.
What is the role of the Luxembourg CSSF in Alvotech (ALVO) manager transaction disclosures?
The Luxembourg CSSF received filings detailing Alvotech manager-related share pledges by Celtic Lux Holdings. According to Alvotech, two CSSF forms documented the pledge of shares and depository receipts as transactions of managers and closely associated persons dated June 26, 2026.
When did the reported manager and closely associated person transactions occur for Alvotech (ALVO)?
The reported transactions occurred on June 26, 2026, involving pledged Alvotech securities. According to Alvotech, Celtic Lux Holdings pledged 88,940,619 shares and 7,007,321 depository receipts, later filing the details with the Luxembourg CSSF as required for manager-related dealings.
