Legend Biotech director sells 6,000 shares
Legend Biotech Corp director Casey Patrick John sold 6,000 Ordinary Shares in an open-market transaction.
Rhea-AI Filing Summary
Legend Biotech Corp director Casey Patrick John sold 6,000 Ordinary Shares in an open-market transaction. The sale took place at $14.80 per ordinary share, equivalent to $29.60 per American Depositary Share, with each ADS representing two ordinary shares. After this trade, he directly holds 48,604 Ordinary Shares, indicating he retains a substantial ongoing equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,000 shares
Net Sell
1 txn
Insider
Casey Patrick John
Role
Director
Sold
6,000 shs ($89K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 6,000 | $14.80 | $89K |
Holdings After Transaction:
Ordinary Shares — 48,604 shares (Direct)
Footnotes (2)
- 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. The price reported in Column 4 represents the converted sales price of ADSs of $29.60 per ADS (which is equivalent to $14.80 per ordinary share).
Key Figures
Shares sold: 6,000 shares
Sale price per ordinary share: $14.80 per share
Sale price per ADS: $29.60 per ADS
+2 more
5 metrics
Shares sold
6,000 shares
Ordinary Shares sold on 2026-06-30 in open-market transaction
Sale price per ordinary share
$14.80 per share
Converted from $29.60 per ADS
Sale price per ADS
$29.60 per ADS
Each ADS represents two Ordinary Shares
Shares held after transaction
48,604 shares
Total Ordinary Shares directly owned following sale
Net shares sold
6,000 shares
Net-sell direction per transaction summary
Key Terms
American Depositary Shares, ADSs, open-market sale, Ordinary Shares
4 terms
ADSs financial
"Each ADS represents two ordinary shares of the Issuer."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Legend Biotech (LEGN) report for Casey Patrick John?
Legend Biotech reported that director Casey Patrick John sold 6,000 Ordinary Shares in an open-market transaction. The shares were sold at $14.80 per ordinary share, and he continues to hold 48,604 Ordinary Shares directly after the sale.
What does the Form 4 transaction code 'S' mean in the Legend Biotech (LEGN) filing?
In this Form 4, transaction code "S" indicates an open-market or private sale of securities. The filing specifies this as an open-market sale of 6,000 Ordinary Shares by director Casey Patrick John at a price of $14.80 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.