Eric Rosenfeld of Legato Merger Corp. IV (LEGO) buys 47,566 shares
Rhea-AI Filing Summary
Eric Rosenfeld, Chief SPAC Officer of Legato Merger Corp. IV, purchased 47,566 Ordinary Shares on August 3, 2026 at $0.003 per share through a self-managed Roth IRA. After this transaction, he indirectly holds 1,487,566 shares and directly holds 1,348,217 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 47,566 shares
Net Buy
2 txns
Insider
ROSENFELD ERIC
Role
Chief SPAC Officer
Bought
47,566 shs ($142.70)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 47,566 | $0.003 | $142.70 |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,487,566 shares (Indirect, By Self Managed Roth IRA);
Ordinary Shares — 1,348,217 shares (Direct)
Key Figures
Shares Purchased: 47566 shares
Purchase Price: $0.003 per share
Indirect Holdings After: 1487566 shares
+2 more
5 metrics
Shares Purchased
47566 shares
Ordinary Shares bought on August 3, 2026
Purchase Price
$0.003 per share
Price paid for the 47,566 Ordinary Shares
Indirect Holdings After
1487566 shares
Indirect ownership via self-managed Roth IRA after purchase
Direct Holdings After
1348217 shares
Directly owned Ordinary Shares reported as of August 3, 2026
Net Insider Share Change
47566 shares
Net buy shares across reported transactions
Key Terms
Self Managed Roth IRA, indirect ownership, Ordinary Shares, Chief SPAC Officer
4 terms
Self Managed Roth IRA financial
"Nature of ownership noted as By Self Managed Roth IRA"
indirect ownership financial
"Ownership type reported as indirect for the Roth IRA-held shares"
Chief SPAC Officer financial
"Reporting person’s officer title is listed as Chief SPAC Officer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Eric Rosenfeld report for LEGO?
Eric Rosenfeld reported buying 47,566 Ordinary Shares of Legato Merger Corp. IV on August 3, 2026 at $0.003 per share. The purchase was made indirectly through a self-managed Roth IRA, increasing his reported indirect holdings to 1,487,566 shares.
Was the LEGO insider transaction by Eric Rosenfeld direct or indirect ownership?
The 47,566-share LEGO purchase was reported as indirect ownership, held through a self-managed Roth IRA. A separate holding line shows 1,348,217 shares as directly owned, reflecting his personal position outside the IRA structure.
What is Eric Rosenfeld’s role at LEGO’s Legato Merger Corp. IV?
Eric Rosenfeld is reported as Chief SPAC Officer of Legato Merger Corp. IV (LEGO). In this capacity, he filed a Form 4 detailing his indirect purchase of 47,566 Ordinary Shares through a self-managed Roth IRA and his resulting ownership positions.