Transactions of Managers and Closely Associated Persons

Rhea-AI Summary

Alvotech (ALVO) reported that Richard Davies, Deputy Chairman of the Board of Directors, has acquired 19,988 shares at a price of $10.18 per share on May 14, 2025. The total transaction value amounts to approximately $203,477. The transaction was filed with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) as part of the required disclosure for transactions of managers and closely associated persons.

Positive

• Insider buying demonstrates confidence in the company's future from a key board member
• Significant personal investment of over $200,000 by the Deputy Chairman

Negative

• None.

News Market Reaction – ALVO

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1 alert

% News Effect

On the day this news was published, ALVO declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Attached is a copy of a filing with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons, announcing the acquisition of 19,988 shares in Alvotech at USD 10.18 per share, by Richard Davies, Deputy Chairman of the Board of Directors Alvotech. The transaction is dated May 14, 2025.

Attachment

• Managers Transaction-CSSF Form - Richard Davies 2025-05-16

FAQ

How many shares of ALVO stock did Richard Davies purchase on May 14, 2025?

Richard Davies purchased 19,988 shares of Alvotech (ALVO) at $10.18 per share on May 14, 2025.

What is Richard Davies' position at Alvotech (ALVO)?

Richard Davies serves as the Deputy Chairman of the Board of Directors at Alvotech.

What was the total value of Richard Davies' ALVO stock purchase?

The total value of the stock purchase was approximately $203,477 (19,988 shares at $10.18 per share).

Where was this ALVO insider transaction reported?

The transaction was reported to the Luxembourg Commission de Surveillance du Secteur Financier (CSSF).