Legend Biotech (NASDAQ: LEGN) director discloses shares, RSUs and options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Legend Biotech Corp director Casey Patrick John filed an initial ownership report showing existing equity holdings. The filing lists 54,604 Ordinary Shares held directly, including 25,674 restricted share units that vest in scheduled quarterly installments starting on March 20, 2026 and June 20, 2026. It also reports a Share Option for 30,000 Ordinary Shares at an exercise price of 14.1200 per share, expiring on March 28, 2031, which is immediately exercisable. The company notes each ADS represents two Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Casey Patrick John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 30,000 shares (Direct);
Ordinary Shares — 54,604 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 equal 7 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 in 8 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 does Casey Patrick John report owning in Legend Biotech (LEGN) on this Form 3?
The Form 3 reports existing holdings, not a new trade. Casey Patrick John holds 54,604 Ordinary Shares directly, plus a Share Option over 30,000 Ordinary Shares at an exercise price of 14.1200 per share, expiring on March 28, 2031.
How many RSUs does Casey Patrick John hold in Legend Biotech (LEGN)?
The filing shows 25,674 restricted share units (RSUs). Each RSU represents a contingent right to receive one Ordinary Share upon settlement. Of these, 7,136 RSUs have already settled, with the remaining RSUs vesting over multiple future quarterly installments.
What are the vesting terms of the Legend Biotech (LEGN) RSUs reported on this Form 3?
The remaining RSUs vest in several quarterly schedules. 2,100 RSUs vest in 3 equal quarterly installments from March 20, 2026, 5,888 vest in 7 equal quarterly installments from that date, and 10,550 vest 25% on June 20, 2026 with the rest over 8 quarterly installments.