Lyntris director gets 3.46M shares in IPO distribution

Lyntris Inc. (LYNX) reported that director David Stinnettdistribution-in-kind, and Stinnett received 3,459,794 shares of Common Stock for no consideration.

Rhea-AI Filing Summary

Lyntris Inc. (LYNX) reported that director David Stinnettdistribution-in-kind, and Stinnett received 3,459,794 shares of Common Stock for no consideration. Following this transaction, he holds 3,459,794 shares directly.

Insider Trade Summary

Other: 3,459,794 shares

Other 1 txn

Insider Stinnett David

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock F1	3,459,794	$0.00	$0.00

Holdings After Transaction: Common Stock — 3,459,794 shares (Direct)

Footnotes (1)

1. F1. As previously disclosed by the Issuer in its registration statement on Form S-1 (as amended and/or supplemented from time to time) filed in connection with the Issuer's initial public offering (the "IPO"), concurrently with the consummation of the IPO, certain entities affiliated with Trive Capital Holdings LLC effectuated a distribution-in-kind (the "Distribution in Kind") to its limited and general partners for no consideration, consisting of all shares of common stock of the Issuer ("Common Stock") held by such entities that were not sold in the IPO. In the Distribution in Kind, the Reporting Person received 3,459,794 shares of Common Stock for no consideration.

Key Figures

Shares acquired: 3,459,794 shares of Common Stock Price per share: $0.0000 per share Shares owned after transaction: 3,459,794 shares +1 more

4 metrics

Shares acquired 3,459,794 shares of Common Stock Received in a distribution-in-kind concurrent with the IPO

Price per share $0.0000 per share Shares received for no consideration in the distribution-in-kind

Shares owned after transaction 3,459,794 shares Total Common Stock directly held by David Stinnett after the reported transaction

Restructuring-related shares 3,459,794 shares Shares involved in a restructuring-type transaction coded J in the Form 4

Key Terms

distribution-in-kind, initial public offering (the "IPO"), Common Stock

3 terms

distribution-in-kind financial

"affiliated with Trive Capital Holdings LLC effectuated a distribution-in-kind"

A distribution-in-kind is when a company or fund pays shareholders with assets—such as stock, bonds, or physical property—instead of cash. For investors it matters because the received items may be harder to sell, have different tax consequences, and can change the risk and value of their holdings, similar to being handed a slice of pie instead of money for your share of the bakery.

initial public offering (the "IPO") financial

"filed in connection with the Issuer's initial public offering (the "IPO")"

Common Stock financial

"consisting of all shares of common stock of the Issuer ("Common Stock")"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Lyntris Inc. (LYNX) disclose for David Stinnett?

Lyntris Inc. disclosed that director David Stinnett3,459,794 shares of Common Stock in a restructuring-type transaction coded “J,” classified as an other acquisition or disposition.

How many Lyntris (LYNX) shares did David Stinnett receive in this Form 4?

David Stinnett received 3,459,794 shares of Lyntris Common Stock, as part of a distribution-in-kind from entities affiliated with Trive Capital Holdings LLC.

Did David Stinnett pay anything for the Lyntris (LYNX) shares he acquired?

No. The filing states that in the distribution-in-kind, David Stinnett received 3,459,794 shares of Lyntris Common Stock for no consideration.

What is David Stinnett’s Lyntris (LYNX) share ownership after the reported transaction?

After the reported transaction, David Stinnett directly holds 3,459,794 shares of Lyntris Common Stock, according to the Form 4 data.

How is this Lyntris (LYNX) insider transaction related to the IPO?

The filing explains that, concurrently with the Lyntris initial public offering (IPO), certain entities affiliated with Trive Capital Holdings LLC made a distribution-in-kind of all their remaining Lyntris Common Stock to partners, from which David Stinnett received shares.

Was the Lyntris (LYNX) Form 4 transaction made under a Rule 10b5-1 plan?

No. The Form 4’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so the transaction is not reported as pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/21/2026 - 05:49 PM Accepted by SEC EDGAR 08/21/2026 - 05:48 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stinnett David

(Last) (First) (Middle)

C/O LYNTRIS INC.

3130 FAIRVIEW PARK DRIVE, SUITE 230

(Street)

FALLS CHURCH VIRGINIA 22042

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lyntris Inc. [ LYNX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/20/2026		J(1)		3,459,794	A	$0.00(1)	3,459,794	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. As previously disclosed by the Issuer in its registration statement on Form S-1 (as amended and/or supplemented from time to time) filed in connection with the Issuer's initial public offering (the "IPO"), concurrently with the consummation of the IPO, certain entities affiliated with Trive Capital Holdings LLC effectuated a distribution-in-kind (the "Distribution in Kind") to its limited and general partners for no consideration, consisting of all shares of common stock of the Issuer ("Common Stock") held by such entities that were not sold in the IPO. In the Distribution in Kind, the Reporting Person received 3,459,794 shares of Common Stock for no consideration.

	/s/ Tim Paulin, Attorney-in-Fact	08/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)