Annovis Bio Insider Purchases: Hoffman Adds 15,000 ANVS Shares
Rhea-AI Filing Summary
Michael B. Hoffman, a director of Annovis Bio, Inc. (ANVS), reported purchases of company common stock on 08/29/2025. He acquired three blocks of 5,000 shares each at prices of $2.28, $2.29, and $2.30, increasing his direct holdings from 1,469,929 to 1,479,929 shares. The filing also discloses indirect beneficial ownership of 223,357 shares held in the 2018 Jane and Michael Hoffman Descendants Trust, over which he has voting and investment power. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Insider purchases of 15,000 shares on 08/29/2025 at prices between $2.28 and $2.30
- Increased direct ownership reported to 1,479,929 shares after the transactions
- Transparency on indirect holdings: 223,357 shares held in the 2018 Jane and Michael Hoffman Descendants Trust with voting and investment power disclosed
Negative
- None.
Insights
TL;DR: Insider purchases totaling 15,000 shares on 08/29/2025, modestly increasing direct stake.
The reported transactions show three small-market purchases totaling 15,000 common shares at prices between $2.28 and $2.30. Post-transactions direct ownership is reported as 1,479,929 shares, plus 223,357 shares held indirectly through a family trust. These are explicit, contemporaneous purchases by a director rather than option exercises or dispositions. From a financial-analysis perspective, the filing documents additional insider accumulation but does not include company financials, material corporate actions, or indications of size relative to outstanding shares, so its standalone market impact is likely limited.
TL;DR: Director reported routine open-market buys and disclosed trust-held indirect ownership and control.
The Form 4 complies with Section 16 reporting by showing the director's acquisitions and clarifies the nature of indirect ownership via the 2018 family trust, stating the reporting person has voting and investment power. Transactions are clearly dated and priced, and the filing is signed by an attorney-in-fact. There are no disclosures of departures, new arrangements, or other governance actions. This is a standard insider transaction disclosure without governance red flags in the form itself.