Marvin S. Hausman, MD (LUDG) reports April open-market sale of 2M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LUDWIG ENTERPRISES, INC. ten percent owner Marvin S. Hausman, MD reported open-market sales of common stock. On April 20, 2026, he sold 1,500,000 shares at $0.02 per share. On April 29, 2026, he sold an additional 500,000 shares at $0.02 per share. Following these transactions, he directly held 37,758,000 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000,000 shares ($40,000)
Net Sell
2 txns
Insider
HAUSMAN MARVIN S MD
Role
null
Sold
2,000,000 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | common stock | 500,000 | $0.02 | $10K |
| Sale | common stock | 1,500,000 | $0.02 | $30K |
Holdings After Transaction:
common stock — 37,758,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold 2026-04-20: 1,500,000 shares at $0.02
Shares sold 2026-04-29: 500,000 shares at $0.02
Total shares sold: 2,000,000 shares
+2 more
5 metrics
Shares sold 2026-04-20
1,500,000 shares at $0.02
Open-market sale of common stock on April 20, 2026
Shares sold 2026-04-29
500,000 shares at $0.02
Open-market sale of common stock on April 29, 2026
Total shares sold
2,000,000 shares
Combined April 2026 open-market sales of LUDG common stock
Shares held after trades
37,758,000 shares
Direct common stock ownership following April 29, 2026 sale
Sale price per share
$0.02 per share
Price for both reported April 2026 open-market sales
Key Terms
open-market sale, ten percent owner, Form 4
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
ten percent owner financial
""is_ten_percent_owner": 1"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider activity did LUDG report for Marvin S. Hausman, MD?
LUDG reported that ten percent owner Marvin S. Hausman, MD sold common stock in two open-market transactions. He sold a combined 2,000,000 shares at $0.02 per share and continued to hold 37,758,000 shares directly after the reported sales.
Were the LUDG stock sales by Marvin S. Hausman, MD open-market transactions?
Yes. The Form 4 describes both LUDG stock transactions as “open-market sale” events. Each sale involved common stock, used transaction code S, and is characterized as a sale in open market or private transaction at a reported price of $0.02 per share.