Lantheus (LNTH) CCO reports 26,208-share award and tax withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lantheus Holdings, Inc. Chief Commercial Officer Amanda Michelle Morgan reported equity compensation and related tax withholding transactions in company common stock. She received a grant of 26,208 shares at no cost, consisting of 13,104 restricted stock units and 13,104 performance-based PSUs that vest over a three-year period.
The Form 4 also shows a disposition of 595 shares at $76.31 per share to satisfy tax obligations through share withholding, not an open-market sale. After these transactions, she directly holds 64,153 shares of Lantheus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Morgan Amanda Michelle
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,208 | $0.00 | -- |
| Tax Withholding | Common Stock | 595 | $76.31 | $45K |
Holdings After Transaction:
Common Stock — 64,748 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did LNTH executive Amanda Michelle Morgan report?
Amanda Michelle Morgan reported receiving a grant of 26,208 Lantheus common stock units and a related tax-withholding disposition of 595 shares. The award was made at no cost and consists of time-vested restricted stock units and performance-based PSUs over a three-year period.
How do the performance-based PSUs in the LNTH filing work?
The performance-based PSUs have a three-year performance period and cliff vest at the end. The reported 13,104 PSUs reflect a target award, but the final number earned can range from 0% to 200% of target, depending on total shareholder return performance over that period.
Are the new LNTH equity awards immediately vested and unrestricted?
No, the awards vest over time and based on performance. Half are restricted stock units that vest in equal installments over three years, and half are PSUs that cliff vest after a three-year performance period, with the final PSUs earned dependent on actual performance outcomes.