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Hepion Pharmaceuticals (HEPA) chair LoPriore reports 20M-share and warrant purchases

(Very High)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Hepion Pharmaceuticals Executive Chairman Vincent S. LoPriore, through entities he controls, reported purchases totaling 20,000,000 HEPA-related securities on August 3, 2026. Gravitas Capital LP and Invictus Capital Advisors Pension Plan bought 10,000,000 warrants with a $0.06 exercise price and 10,000,000 common shares at $0.05 per share, all held as indirect ownership.

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Insider LoPriore Vincent S
Role Executive Chairman
Bought 20,000,000 shs ($500K)
Type Security Shares Price Value
Purchase Warrants F1 8,000,000 $0.00 $0.00
Purchase Warrants F2 2,000,000 $0.00 $0.00
Purchase Common Stock F1 8,000,000 $0.05 $400K
Purchase Common Stock F2 2,000,000 $0.05 $100K
Holdings After Transaction: Warrants — 8,000,000 shares (Indirect, By Gravitas Capital LP); Warrants — 10,000,000 shares (Indirect, By Invictus Capital Advisors Pension Plan); Common Stock — 14,250,000 shares (Indirect, By Gravitas Capital LP); Common Stock — 16,250,000 shares (Indirect, By Invictus Capital Advisors Pension Plan)
Footnotes (2)
  1. F1. Mr. LoPriore is the Managing Member of Gravitas Capital LP and in such capacity has the right to vote and dispose of the securities held by such entity.
  2. F2. Mr. LoPriore is the trustee and beneficiary of the Invictus Capital Advisors Pension Plan and in such capacity has the right to vote and dispose of the securities held by such entity.
Warrants purchased via Gravitas 8,000,000 warrants Indirectly acquired on August 3, 2026 by Gravitas Capital LP
Warrants purchased via Invictus Plan 2,000,000 warrants Indirectly acquired on August 3, 2026 by Invictus Capital Advisors Pension Plan
Warrant exercise price $0.06 per share Exercise price for all 10,000,000 warrants acquired
Warrant expiration August 3, 2031 Expiration date for the acquired warrants
Common stock via Gravitas 8,000,000 shares Indirectly purchased at $0.05 per share on August 3, 2026
Common stock via Invictus Plan 2,000,000 shares Indirectly purchased at $0.05 per share on August 3, 2026
Post-transaction common holdings 16,250,000 shares Total indirect common stock holdings after transactions
Total securities bought 20,000,000 Combined warrants and common stock acquired across all transactions
Warrants financial
"10,000,000 warrants with an exercise price of $0.06 per share"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
indirect ownership financial
"These securities are reported as indirect ownership through entities he controls"
exercise price financial
"Warrants carry an exercise price of $0.06 per share into common stock"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
dispositive power financial
"He has the right to vote and dispose, reflecting dispositive power over securities"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

What did Hepion Pharmaceuticals (HEPA) insider Vincent S. LoPriore purchase on August 3, 2026?

Vincent S. LoPriore reported purchasing 20,000,000 HEPA-related securities on August 3, 2026, including both warrants and common stock. The transactions were made through Gravitas Capital LP and Invictus Capital Advisors Pension Plan, which he controls and over which he has voting and dispositive power.

How many Hepion Pharmaceuticals (HEPA) warrants did Vincent S. LoPriore acquire and at what exercise price?

LoPriore indirectly acquired 10,000,000 warrants for Hepion Pharmaceuticals, each with an exercise price of $0.06 per share. These warrants are exercisable into common stock and have an expiration date of August 3, 2031, providing a long-dated derivative position.

What common stock purchases in Hepion Pharmaceuticals (HEPA) did Vincent S. LoPriore report?

He reported indirect purchases of 10,000,000 shares of common stock at a price of $0.05 per share. Eight million shares were held by Gravitas Capital LP and two million by Invictus Capital Advisors Pension Plan, both entities over which he has voting and dispositive authority.

Through which entities does Vincent S. LoPriore hold his Hepion Pharmaceuticals (HEPA) positions?

LoPriore holds these positions indirectly through Gravitas Capital LP and the Invictus Capital Advisors Pension Plan. As managing member or trustee and beneficiary, he has the right to vote and dispose of the securities held by each entity, according to the footnotes.

What are Vincent S. LoPriore’s reported indirect common stock holdings in Hepion Pharmaceuticals (HEPA) after these transactions?

After the reported purchases, LoPriore’s indirect holdings of common stock total 16,250,000 shares. This figure reflects the combined post-transaction position across Gravitas Capital LP and Invictus Capital Advisors Pension Plan as disclosed in the Form 4 data.

When do Vincent S. LoPriore’s newly acquired Hepion Pharmaceuticals (HEPA) warrants expire?

The newly acquired Hepion Pharmaceuticals warrants held indirectly by LoPriore expire on August 3, 2031. Each warrant carries an exercise price of $0.06 per share and is exercisable into Hepion common stock, providing long-term optionality on the shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LoPriore Vincent S

(Last)(First)(Middle)
C/O HEPION PHARMACEUTICALS, INC.
34 SHREWSBURY AVE., SUITE 1D

(Street)
RED BANK, NEW JERSEY 07701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Hepion Pharmaceuticals, Inc. [ HEPA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/03/2026P8,000,000A$0.0514,250,000IBy Gravitas Capital LP(1)
Common Stock08/03/2026P2,000,000A$0.0516,250,000IBy Invictus Capital Advisors Pension Plan(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants$0.0608/03/2026P8,000,00008/03/202608/03/2031Common Stock8,000,000$08,000,000IBy Gravitas Capital LP(1)
Warrants$0.0608/03/2026P2,000,00008/03/202608/03/2031Common Stock2,000,000$010,000,000IBy Invictus Capital Advisors Pension Plan(2)
Explanation of Responses:
1. Mr. LoPriore is the Managing Member of Gravitas Capital LP and in such capacity has the right to vote and dispose of the securities held by such entity.
2. Mr. LoPriore is the trustee and beneficiary of the Invictus Capital Advisors Pension Plan and in such capacity has the right to vote and dispose of the securities held by such entity.
/s/ Vincent S. LoPriore08/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)