Lyntris (LYNX) director receives 231,987 IPO shares at no cost

Rhea-AI Filing Summary

Lyntris Inc. (ticker LYNX) reported that director Cope Tanner acquired 231,987 shares of Lyntris common stock on 2026-08-20. The shares were received for no consideration as part of a previously disclosed distribution-in-kind made by entities affiliated with Trive Capital Holdings LLC in connection with Lyntris’s initial public offering. Following this transaction, Tanner holds 231,987 shares directly.

Insider Trade Summary

Net Buyer: 231,987 shares

Net Buy 1 txn

Insider Cope Tanner

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock F1	231,987	$0.00	$0.00

Holdings After Transaction: Common Stock — 231,987 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 231,987 shares of Common Stock for no consideration.

Key Figures

Shares acquired: 231,987 shares of Common Stock Price per share: $0.0000 per share Shares owned after transaction: 231,987 shares of Common Stock +1 more

4 metrics

Shares acquired 231,987 shares of Common Stock Received by Cope Tanner on 2026-08-20 via distribution-in-kind

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

Shares owned after transaction 231,987 shares of Common Stock Direct ownership by Cope Tanner following the reported transaction

Restructuring shares 231,987 shares Classified in transaction summary as restructuring (code J) shares

Key Terms

distribution-in-kind, initial public offering, 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 financial

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

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

Common Stock financial

"consisting of all shares of common stock of the Issuer"

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

What insider transaction did LYNX director Cope Tanner report on this Form 4?

Director Cope Tanner reported acquiring 231,987 shares of Lyntris Inc. common stock on 2026-08-20, received for no consideration through a distribution-in-kind related to the company’s initial public offering.

How many LYNX shares does Cope Tanner own after this reported transaction?

After the reported transaction, Cope Tanner directly owns 231,987 shares of Lyntris Inc. common stock, as disclosed in the Form 4 filing.

Was cash paid for the 231,987 LYNX shares received by Cope Tanner?

No. The 231,987 shares of Lyntris Inc. common stock were received by Cope Tanner for no consideration as part of a distribution-in-kind from entities affiliated with Trive Capital Holdings LLC.

What is the nature of the Form 4 transaction reported for LYNX on 2026-08-20?

The transaction is coded J, described as an other acquisition or disposition, arising from a distribution-in-kind of Lyntris common stock to partners of entities affiliated with Trive Capital Holdings LLC at the time of Lyntris’s IPO.

Is the LYNX Form 4 transaction related to the company’s IPO?

Yes. The filing explains that the shares were received in a distribution-in-kind that occurred concurrently with Lyntris Inc.’s initial public offering, distributing remaining common shares held by certain Trive Capital–affiliated entities.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 06:00 PM Accepted by SEC EDGAR 08/21/2026 - 06:00 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^*

Cope Tanner

(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)		231,987	A	$0.00(1)	231,987	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 231,987 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)