Legend Biotech (LEGN) director details 59,115 shares, options and RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Legend Biotech Corp director Sanders Corazon (Corsee) D. has reported her initial equity holdings in the company. She holds 59,115 ordinary shares directly, which include 25,674 restricted share units that convert into one ordinary share each upon settlement.
She also holds a share option for 12,000 ordinary shares at an exercise price of $11.50 per share, expiring on June 5, 2030, and all of these option shares are immediately exercisable. The restricted share units vest in multiple quarterly installments beginning March 20, 2026 and June 20, 2026, subject to continued service. Each American Depositary Share represents two ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanders Corazon (Corsee) D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 12,000 shares (Direct);
Ordinary Shares — 59,115 shares (Direct)
Footnotes (1)
- The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents two ordinary shares of the Issuer. Includes 25,674 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one ordinary share of the Issuer upon settlement. 7,136 RSUs have settled, with the remainder vesting (i) as to 2,100 RSUs, in 3 equal quarterly installments beginning on March 20, 2026, (ii) as to 5,888 RSUs, in 7 equal quarterly installments beginning on March 20, 2026, and (iii) as to 10,550 RSUs, with 25% of the shares vesting on June 20, 2026 with the remainder vesting 7 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each such vesting date. All of the shares subject to the option are immediately exercisable.
FAQ
What equity stake does Sanders Corazon D. report in Legend Biotech (LEGN)?
Sanders Corazon (Corsee) D. reports direct ownership of 59,115 Legend Biotech ordinary shares. This total includes 25,674 restricted share units that can settle into ordinary shares, giving a clear picture of her initial equity position as a director in the company.
What stock options does Sanders Corazon D. hold in Legend Biotech (LEGN)?
She holds a share option covering 12,000 Legend Biotech ordinary shares at an exercise price of $11.50. The option is immediately exercisable and expires on June 5, 2030, providing long-dated potential ownership if exercised during the option term.
How do Sanders Corazon D.’s RSUs in Legend Biotech (LEGN) vest?
She holds 25,674 restricted share units that vest in staged quarterly installments beginning March 20, 2026 and June 20, 2026. A portion has already settled, and remaining tranches depend on her continued service with Legend Biotech on each vesting date.
Does this Legend Biotech (LEGN) Form 3 show any recent insider buying or selling?
No specific buy or sell transactions are shown; the Form 3 reports existing holdings. It lists the director’s ordinary shares, restricted share units, and options, establishing her initial ownership and equity-based compensation position rather than disclosing new trading activity.