Larimar Therapeutics (LRMR) director buys 5,000 shares in offering
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Larimar Therapeutics director Frank E. Thomas bought common stock in the company through its underwritten offering. On February 27, 2026, he purchased 5,000 shares of Larimar Therapeutics common stock at $5.00 per share in an open-market style purchase tied to the offering. After this transaction, he directly owned 7,000 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($25,000)
Net Buy
1 txn
Insider
THOMAS FRANK E
Role
Director
Bought
5,000 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $5.00 | $25K |
Holdings After Transaction:
Common Stock — 7,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Larimar Therapeutics (LRMR) report for Frank E. Thomas?
Larimar Therapeutics reported that director Frank E. Thomas bought 5,000 shares of common stock. The purchase occurred on February 27, 2026, and was made at $5.00 per share in connection with the company’s underwritten offering that closed on the same date.
Was the Larimar Therapeutics (LRMR) insider purchase part of an offering?
Yes. The Form 4 footnote explains that the 5,000 shares of common stock were purchased in Larimar Therapeutics’ underwritten offering at the offering price. The transaction closed on February 27, 2026, aligning the insider’s purchase with the completion of that offering.
Is the Frank E. Thomas Larimar Therapeutics (LRMR) transaction a buy or sell?
The transaction is a buy. The Form 4 lists transaction code “P” and describes it as an open-market purchase, reporting that director Frank E. Thomas acquired 5,000 shares of Larimar Therapeutics common stock at $5.00 per share on February 27, 2026.