Director Michael Hoffman adds 76,344 Annovis Bio (ANVS) shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Annovis Bio director Michael B. Hoffman reported new open-market purchases of company stock. On May 20, 2026, he bought a total of 76,344 shares of Annovis Bio common stock in three open-market transactions at prices between $1.75 and $1.8999 per share.
Following these transactions, Hoffman directly holds 3,364,883 shares of common stock. A separate entry also reports 223,357 shares held indirectly through The 2024 Hoffman Family Trust, over which he has voting and investment power according to the filing footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 76,344 shares ($142,779)
Net Buy
4 txns
Insider
Hoffman Michael B
Role
null
Bought
76,344 shs ($143K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,562 | $1.75 | $4K |
| Purchase | Common Stock | 18,849 | $1.80 | $34K |
| Purchase | Common Stock | 54,933 | $1.8999 | $104K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,291,101 shares (Direct, null);
Common Stock — 223,357 shares (Indirect, The 2024 Hoffman Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Total shares purchased: 76,344 shares
Largest single purchase: 54,933 shares at $1.8999
Additional purchase: 18,849 shares at $1.80
+3 more
6 metrics
Total shares purchased
76,344 shares
Open-market buys on May 20, 2026
Largest single purchase
54,933 shares at $1.8999
Common stock, open-market transaction
Additional purchase
18,849 shares at $1.80
Common stock, open-market transaction
Smaller purchase
2,562 shares at $1.75
Common stock, open-market transaction
Direct holdings after trades
3,364,883 shares
Common stock held directly after May 20, 2026
Indirect trust holdings
223,357 shares
Held via The 2024 Hoffman Family Trust
Key Terms
open-market purchase, Common Stock, indirect, voting and investment power, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect financial
""ownership_type": "indirect""
voting and investment power financial
"the reporting person has voting and investment power over such shares"
family trust financial
"The shares are held in a family trust formed by the reporting person"
FAQ
What insider activity did Annovis Bio (ANVS) disclose for Michael B. Hoffman?
Annovis Bio reported that director Michael B. Hoffman bought additional common shares. On May 20, 2026, he completed three open-market purchases totaling 76,344 shares, expanding his direct holdings while also reporting indirect holdings through The 2024 Hoffman Family Trust.
What are Michael B. Hoffman’s direct Annovis Bio (ANVS) holdings after the reported purchases?
After the reported May 20, 2026 transactions, Michael B. Hoffman directly holds 3,364,883 shares of Annovis Bio common stock. This figure comes from the post-transaction share balance disclosed alongside his largest open-market purchase entry in the Form 4 filing.
Does Michael B. Hoffman have indirect Annovis Bio (ANVS) holdings through a trust?
Yes. The Form 4 shows 223,357 Annovis Bio shares held indirectly through The 2024 Hoffman Family Trust. A footnote explains that Hoffman formed the trust and retains both voting and investment power over those indirectly held shares.