Annovis Bio Insider Report: Hoffman Adds 18,645 ANVS Shares
Rhea-AI Filing Summary
Michael B. Hoffman, a director of Annovis Bio, Inc. (ANVS), reported multiple open-market purchases of common stock on 08/19/2025. The Form 4 shows four acquisitions totaling 18,645 shares at prices ranging from $2.57 to $2.60, recorded as purchases 1,464,929 shares, and 223,357 shares were held indirectly in the 2018 Jane and Michael Hoffman Descendants Trust, over which he has voting and investment power.
The filing was signed by an attorney-in-fact on 08/20/2025. The form identifies Mr. Hoffman as a director and a single reporting person for this report.
Positive
- Insider purchases: Michael B. Hoffman acquired a total of 18,645 shares on 08/19/2025, disclosed on Form 4.
- Clear disclosure: The filing specifies transaction dates, per-share prices ($2.57–$2.60), and post-transaction beneficial ownership totals.
Negative
- None.
Insights
TL;DR: Director purchased 18,645 ANVS shares across four trades at ~$2.57–$2.60, increasing direct holdings to 1.46M shares.
The filing documents aggregate acquisitions totaling 18,645 common shares on 08/19/2025 executed at per-share prices between $2.57 and $2.60. These are recorded as non-derivative purchases and raise the reporting person’s direct beneficial ownership to 1,464,929 shares. From a reporting standpoint, this is a standard Section 16 disclosure showing insider purchases; the data are precise and fully disclosed in the Form 4.
TL;DR: Director-level insider bought shares and holds additional shares indirectly via a family trust; disclosure appears complete.
The report identifies Michael B. Hoffman as a director and notes indirect ownership via the 2018 Jane and Michael Hoffman Descendants Trust with 223,357 shares, where he retains voting and investment power. The Form 4 includes signature by an attorney-in-fact and lists transaction codes and prices, meeting standard disclosure requirements for changes in beneficial ownership.