Legend Biotech director reports initial share holdings
Legend Biotech Corp director Sanders Corazon (Corsee) D. has reported her initial equity holdings in the company.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (3)
- F1. The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents two ordinary shares of the Issuer.
- F2. 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.
- F3. All of the shares subject to the option are immediately exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity stake does Sanders Corazon D. report in Legend Biotech (LEGN)?
What stock options does Sanders Corazon D. hold in Legend Biotech (LEGN)?
How do Sanders Corazon D.’s RSUs in Legend Biotech (LEGN) vest?
Does this Legend Biotech (LEGN) Form 3 show any recent insider buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.