Legato Merger Corp. IV (LEGO) CFO adds 22,749 ordinary shares
Rhea-AI Filing Summary
Legato Merger Corp. IV director and CFO Adam H. Jaffe reported buying a total of 22,749 Ordinary Shares on August 3, 2026 at $0.003 per share, consisting of 12,409 shares acquired directly and 10,340 shares acquired indirectly through the Eric S Rosenfeld 2017 Trust No. 1.
After these transactions he holds 513,609 Ordinary Shares directly, including 1,200 contained in units, plus 615,257 shares through that trust where he has sole voting and dispositive power, and an additional 225,900 shares indirectly via a Roth IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 22,749 shares
Net Buy
3 txns
Insider
Jaffe Adam H
Role
CFO
Bought
22,749 shs ($68.25)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 12,409 | $0.003 | $37.23 |
| Purchase | Ordinary Shares F2 | 10,340 | $0.003 | $31.02 |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 513,609 shares (Direct);
Ordinary Shares — 615,257 shares (Indirect, By Eric Rosenfeld 2017 Trust No. 1);
Ordinary Shares — 225,900 shares (Indirect, By Roth IRA)
Footnotes (2)
- F1. Includes 1,200 ordinary shares included within units.
- F2. Represents shares held by the Eric S Rosenfeld 2017 Trust No. 1. Mr. Jaffe is the trustee of this trust and has sole voting and dispositive power over the shares held by such trust.
Key Figures
Direct shares purchased: 12,409 shares
Indirect shares purchased via trust: 10,340 shares
Purchase price: $0.003 per share
+3 more
6 metrics
Direct shares purchased
12,409 shares
Ordinary Shares purchased directly on August 3, 2026
Indirect shares purchased via trust
10,340 shares
Ordinary Shares purchased indirectly through Eric S Rosenfeld 2017 Trust No. 1 on August 3, 2026
Purchase price
$0.003 per share
Per-share price for both reported Ordinary Share purchases
Direct holdings after transaction
513,609 shares
Direct Ordinary Shares held after the reported purchase, including 1,200 within units
Trust holdings after transaction
615,257 shares
Ordinary Shares held indirectly via Eric S Rosenfeld 2017 Trust No. 1 after the purchase
Roth IRA holdings
225,900 shares
Ordinary Shares held indirectly via a Roth IRA as reported in the holding entry
Key Terms
Ordinary Shares, Roth IRA, voting and dispositive power, units
4 terms
Roth IRA financial
"nature_of_ownership: By Roth IRA"
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
voting and dispositive power financial
"Mr. Jaffe is the trustee and has sole voting and dispositive power"
units financial
"Includes 1,200 ordinary shares included within units."
Units are bundled securities sold as one package in a financing—commonly a share paired with an instrument that gives the holder the right to buy more shares later. For investors this matters because a unit’s extra component can change future supply of shares and potential returns, similar to buying a combo with a coupon that can be redeemed later and alter what you actually receive and what others might own.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What indirect LEGO holdings does Adam H. Jaffe report through the Eric S Rosenfeld 2017 Trust No. 1?
Through the Eric S Rosenfeld 2017 Trust No. 1, Adam H. Jaffe reports indirect ownership of 615,257 Ordinary Shares. He is the trustee of this trust and has sole voting and dispositive power over those shares, including 10,340 shares purchased at $0.003 on August 3, 2026.