Lyntris CEO Brian Morrison holds 1.87M shares
Lyntris Inc. (LYNX) disclosed the initial equity holdings of Chief Executive Officer and director Brian Morrison on a Form 3.
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Form Type
3
Rhea-AI Filing Summary
Lyntris Inc. (LYNX) disclosed the initial equity holdings of Chief Executive Officer and director Brian Morrison on a Form 3. He directly holds 1,473,735 shares of common stock and has indirect ownership of 393,784 shares held by the 2026 Morrison Family Irrevocable Trust, over which he has voting and dispositive control.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Morrison Brian
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F1 | -- | -- | -- |
Holdings:
Common Stock — 1,473,735 shares (Direct);
Common Stock — 393,784 shares (Indirect, See footnote)
Footnotes (1)
- F1. Shares are directly held by 2026 Morrison Family Irrevocable Trust dated May 13, 2026, over which Brian Morrison has voting and dispositive control.
Key Figures
Direct common shares held: 1,473,735 shares
Indirect common shares held via trust: 393,784 shares
Total reported common shares (direct + indirect): 1,867,519 shares
3 metrics
Direct common shares held
1,473,735 shares
Direct ownership of Lyntris common stock reported for Brian Morrison
Indirect common shares held via trust
393,784 shares
Indirect ownership through 2026 Morrison Family Irrevocable Trust
Total reported common shares (direct + indirect)
1,867,519 shares
Sum of direct and indirect holdings reported on Form 3
Key Terms
Form 3, indirect ownership, voting and dispositive control, Irrevocable Trust
4 terms
Form 3 regulatory
"disclosed the initial equity holdings of Chief Executive Officer on a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
indirect ownership financial
"and has indirect ownership of 393,784 shares held by the 2026"
voting and dispositive control financial
"over which Brian Morrison has voting and dispositive control"
Irrevocable Trust financial
"2026 Morrison Family Irrevocable Trust dated May 13, 2026"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider ownership did Lyntris Inc. (LYNX) report for CEO Brian Morrison on this Form 3?
Lyntris reported that CEO Brian Morrison directly owns 1,473,735 shares of common stock and indirectly owns 393,784 shares through a family irrevocable trust over which he has voting and dispositive control.
What are Brian Morrison’s indirect holdings in Lyntris Inc. (LYNX) and how are they structured?
Morrison’s indirect holdings total 393,784 shares of Lyntris common stock. These shares are held by the 2026 Morrison Family Irrevocable Trust, dated May 13, 2026, over which he has both voting and dispositive control according to the footnote disclosure.
Does this Lyntris Inc. (LYNX) Form 3 show any recent stock purchases or sales by Brian Morrison?
No, the Form 3 lists holdings only and does not report any specific purchase or sale transactions. It establishes Morrison’s direct and indirect ownership positions as of August 18, 2026, rather than detailing trading activity.
What role does Brian Morrison hold at Lyntris Inc. (LYNX) according to this filing?
Brian Morrison is identified as Chief Executive Officer and a director of Lyntris Inc. This dual role is disclosed in the reporting person information and is the basis for his obligation to report his equity holdings on Form 3.
AI-generated analysis. How Rhea-AI works. Not financial advice.
