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Legend Biotech ex-officer plans $1.3M share sale

Legend Biotech Corp (LEGN) is the issuer of American depositary shares that Ying Huang, a former officer and director, has notified an intention to sell under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Legend Biotech Corp (LEGN) is the issuer of American depositary shares that Ying Huang, a former officer and director, has notified an intention to sell under Rule 144. The notice covers 69,812 American depositary shares, expected to be sold on or about September 22, 2026, in connection with a stock option exercise for cash.

The filing lists Fidelity Brokerage Services LLC as the broker and indicates that, over the prior three months, Ying Huang sold 2,783 American depositary shares on June 26, 2026, for $79,016.88. The planned sale covered by the notice has an indicated aggregate market value of $1,302,109.37.

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Planned shares to be sold 69,812 American depositary shares Shares covered by the Rule 144 notice for Ying Huang
Aggregate market value of planned sale $1,302,109.37 Value associated with the 69,812 American depositary shares in the notice
Recent shares sold in last 3 months 2,783 American depositary shares Shares sold on June 26, 2026 for Ying Huang
Proceeds from recent sale $79,016.88 Total proceeds from the June 26, 2026 sale of 2,783 shares
Planned sale date September 22, 2026 Expected date for the Rule 144 sale of 69,812 shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
American depositary shares financial
"American depositary shares | Fidelity Brokerage Services LLC"
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.
Stock Option Exercise financial
"American depositary shares | 09/22/2026 | Stock Option Exercise"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as attorney-in-fact for Ying Huang"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Legend Biotech Corp (LEGN)?

It discloses that Ying Huang, a former officer and director, has filed a Rule 144 notice for the potential sale of 69,812 American depositary shares of Legend Biotech Corp, to be sold in connection with a stock option exercise for cash around September 22, 2026.

How many Legend Biotech (LEGN) shares are covered by the planned Rule 144 sale?

The notice covers 69,812 American depositary shares of Legend Biotech Corp. These shares are expected to be sold on or about September 22, 2026, and are associated with a stock option exercise for cash from the issuer.

What is the aggregate market value of the Legend Biotech (LEGN) shares in the Form 144 notice?

The planned sale of Legend Biotech Corp American depositary shares has an indicated aggregate market value of $1,302,109.37. This value relates to the 69,812 shares referenced in the Rule 144 notice for Ying Huang.

Who is the seller in the Legend Biotech Corp (LEGN) Form 144 and what is their relationship to the issuer?

The seller is Ying Huang, identified as a former officer and director of Legend Biotech Corp. The Rule 144 notice is filed for sales to be made for this person’s account, as required under the Rule 144 aggregation provisions.

Which broker is listed for the planned Legend Biotech (LEGN) Rule 144 sale?

The broker listed for the planned transaction is Fidelity Brokerage Services LLC, based in Smithfield, Rhode Island. The filing associates this broker with the planned sale of 69,812 American depositary shares on or about September 22, 2026.

Have there been recent Legend Biotech (LEGN) sales by Ying Huang before this notice?

Yes. Over the past three months, the filing reports that 2,783 American depositary shares of Legend Biotech Corp were sold on June 26, 2026 for total proceeds of $79,016.88 for Ying Huang’s account.

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

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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

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