STOCK TITAN

Legato Merger IV (LEGO) COO purchases 2,585 shares at $0.003 in open trade

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Legato Merger Corp. IV officer Nadeem Shahrez, the COO and Secretary, purchased 2,585 Ordinary Shares on August 3, 2026 at $0.003 per share in a direct open-market or private transaction. The trade was not reported under a Rule 10b5-1 trading plan.

After this purchase, Shahrez directly owned 154,064 Ordinary Shares, which includes 250 shares contained within units as noted in the footnote. No derivative securities were reported.

Positive

  • None.

Negative

  • None.
Insider Nadeem Shahrez
Role COO and Secretary
Bought 2,585 shs ($7.76)
Type Security Shares Price Value
Purchase Ordinay Shares F1 2,585 $0.003 $7.76
Holdings After Transaction: Ordinay Shares — 154,064 shares (Direct)
Footnotes (1)
  1. F1. Includes 250 shares contained within units.
Shares purchased 2,585 shares Ordinary Shares purchased on August 3, 2026
Purchase price $0.003 per share Price paid for Ordinary Shares in the reported transaction
Shares held after transaction 154,064 shares Direct Ordinary Shares owned by Nadeem Shahrez following the purchase
Shares within units 250 shares Portion of post-transaction holdings contained within units per footnote
Ordinary Shares financial
"security_title: "Ordinay Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
units financial
"Footnote: "Includes 250 shares contained 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.

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FAQ

What insider share purchase did LEGO report for Nadeem Shahrez?

Nadeem Shahrez, COO and Secretary of Legato Merger Corp. IV (LEGO), purchased 2,585 Ordinary Shares on August 3, 2026 at $0.003 per share. Following the transaction, he directly held 154,064 shares, including 250 shares contained within units.

What is Nadeem Shahrez’s total LEGO shareholding after this transaction?

After the August 3, 2026 purchase, Nadeem Shahrez directly owns 154,064 Ordinary Shares of LEGO. This figure includes 250 shares that are contained within units, as specified in the filing footnote, and represents only direct, non-derivative holdings.

At what price did the LEGO COO buy shares in this Form 4 filing?

The COO and Secretary, Nadeem Shahrez, bought 2,585 Ordinary Shares of LEGO at $0.003 per share. The transaction code indicates a purchase in an open market or private transaction, and the position shown is held directly rather than through a derivative.

Was the LEGO insider trade by Nadeem Shahrez under a Rule 10b5-1 plan?

The trading-plan checkbox in the LEGO filing indicates the transaction was not made under a Rule 10b5-1 plan. This means the reported purchase of 2,585 shares at $0.003 per share was not executed pursuant to a pre-arranged trading program.

How many LEGO shares in units are included in Shahrez’s reported holdings?

The reported post-transaction holding of 154,064 LEGO Ordinary Shares for Nadeem Shahrez includes 250 shares contained within units. This detail comes from a specific footnote linked to the post-transaction share amount in the insider ownership table.

Is the LEGO insider transaction by the COO a buy or a sell?

The LEGO insider transaction reported for COO and Secretary Nadeem Shahrez is a buy. He purchased 2,585 Ordinary Shares on August 3, 2026 at $0.003 per share, increasing his direct holdings to 154,064 shares in total.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nadeem Shahrez

(Last)(First)(Middle)
C/O LEGATO MERGER CORP. IV
777 THIRD AVENUE, 37TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Legato Merger Corp. IV [ LEGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinay Shares08/03/2026P2,585A$0.003154,064(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 250 shares contained within units.
/s/ Shahrez Nadeem08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)