STOCK TITAN

LEGN (NASDAQ) notice: Director/entity proposes sale of 2,783 ADS

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LEGN filed a Form 144 proposing the sale of 2,783 American Depositary Shares. The filing lists the shares as from a Restricted Stock Vesting event with a record date of 06/22/2026. The notice references $79,016.88 on the same line and lists execution via Fidelity Brokerage Services LLC on 06/26/2026.

The filing also discloses a prior disposition by Ying Huang of 4,968 American Depositary Shares on 03/26/2026 with a figure of $87,149.15 shown. The securities are listed for trading on NASDAQ.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies a proposed sale of vested ADS by an affiliate.

The filing shows a proposed sale of 2,783 American Depositary Shares tied to a Restricted Stock Vesting event dated 06/22/2026. The entry lists $79,016.88 on the same row; the filing does not elsewhere state the price per share or additional distribution mechanics.

Prior reported disposition: 4,968 ADS sold on 03/26/2026 by Ying Huang with $87,149.15 shown. Timing and exact proceeds treatment for the proposed sale are determined by subsequent broker execution and are not specified in the excerpt.

Proposed ADS to be sold 2,783 shares Restricted Stock Vesting dated 06/22/2026
Row figure shown $79,016.88 Associated with the 2,783 ADS line (06/26/2026)
Prior ADS disposed 4,968 shares Disposition dated 03/26/2026 by Ying Huang
Prior disposition figure $87,149.15 Shown with the 4,968 ADS sale on 03/26/2026
Brokerage Fidelity Brokerage Services LLC Listed as broker on the ADS line
Exchange NASDAQ Trading market listed on the filing line
Form 144 regulatory
"Form 144 proposing sale of American Depositary Shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
American Depositary Shares financial
"Securities listed as American Depositary Shares trading on NASDAQ"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
Restricted Stock Vesting financial
"Listed as the reason for the securities in the "Securities To Be Sold" line"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LEGN's Form 144 disclose about the proposed sale?

LEGN's Form 144 discloses a proposed sale of 2,783 American Depositary Shares tied to a Restricted Stock Vesting event dated 06/22/2026. The filing includes a line showing $79,016.88 and lists Fidelity Brokerage Services LLC.

Who is the reporting party for the prior disposition shown in the filing?

The filing shows a prior disposition by Ying Huang of 4,968 ADS on 03/26/2026, with an accompanying figure of $87,149.15. The entry appears in the "Securities Sold During The Past 3 Months" section.

Are the shares listed in the filing traded on a public exchange?

Yes. The filing lists the securities as American Depositary Shares trading on NASDAQ. The excerpt also references a brokerage firm, Fidelity Brokerage Services LLC.

Does the Form 144 state the per-share sale price or execution details?

The excerpt shows aggregate dollar figures but does not state an explicit per-share sale price or detailed execution mechanics. Specific trade execution details are not provided in the provided lines.