Legend Biotech (LEGN) director sells 6,000 shares at $14.80 each in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
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 ($88,800)
Net Sell
1 txn
Insider
Casey Patrick John
Role
null
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, null)
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. 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
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.