Annovis Bio director buys 713,800 shares at $2.10
Annovis Bio director Michael B. Hoffman made a large open-market purchase of the company’s common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Annovis Bio director Michael B. Hoffman made a large open-market purchase of the company’s common stock. On April 2, 2026, he bought 713,800 shares at $2.10 per share, increasing his direct holdings to 3,288,539 shares.
He also has indirect ownership of 223,357 shares held by The 2024 Hoffman Family Trust, over which he has both voting and investment power. The filing shows no derivative securities remaining, so this activity reflects a direct cash investment rather than an options exercise.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 713,800 | $2.10 | $1.50M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The shares are held in a family trust formed by the reporting person and the reporting person has voting and investment power over such shares.
Key Figures
Key Terms
open-market purchase financial
indirect ownership financial
voting and investment power financial
family trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Annovis Bio (ANVS) report for Michael B. Hoffman?
Was the Annovis Bio (ANVS) insider trade an open-market purchase?
Did the Annovis Bio (ANVS) Form 4 include any option exercises or derivatives?
AI-generated analysis. How Rhea-AI works. Not financial advice.