Director buys 5,000 Larimar Therapeutics (LRMR) shares at $5.00
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Larimar Therapeutics director Jeffrey W. Sherman bought 5,000 shares of the company’s common stock at $5.00 per share in an underwritten offering that closed on February 27, 2026. The transaction is reported as a direct, open-market style purchase on a Form 4 insider filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($25,000)
Net Buy
1 txn
Insider
SHERMAN JEFFREY W
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 — 5,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Larimar Therapeutics (LRMR) report for Jeffrey W. Sherman?
Larimar Therapeutics reported that director Jeffrey W. Sherman bought 5,000 shares of common stock. The purchase was made at $5.00 per share in an underwritten offering that closed on February 27, 2026.
Was the Larimar Therapeutics insider purchase part of an underwritten offering?
Yes. The Form 4 footnote states the 5,000 common shares were purchased in an underwritten offering of Larimar Therapeutics at the offering price. That offering closed on February 27, 2026, and the shares are held directly by director Jeffrey W. Sherman.
Is Jeffrey W. Sherman a director or officer at Larimar Therapeutics (LRMR)?
Jeffrey W. Sherman is identified in the Form 4 as a director of Larimar Therapeutics. He is not listed as an officer in this filing and does not report ten percent owner status, but does report direct ownership of 5,000 common shares after the transaction.