Lyntris (LYNX) director receives 65,882 IPO shares at $0
Rhea-AI Filing Summary
Lyntris Inc. (LYNX) reported that director Jake Lansford acquired 65,882 shares of common stock on 2026-08-20. The shares were received for no consideration in a distribution-in-kind from entities affiliated with Trive Capital Holdings LLC, made concurrently with Lyntris Inc.'s initial public offering. Following this transaction, Lansford directly holds 65,882 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 65,882 shares
Net Buy
1 txn
Insider
Lansford Jake
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 65,882 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 65,882 shares (Direct)
Footnotes (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 65,882 shares of Common Stock for no consideration.
Key Figures
Shares acquired: 65,882 shares of Common Stock
Price per share: $0.0000 per share
Shares owned after transaction: 65,882 shares of Common Stock
+1 more
4 metrics
Shares acquired
65,882 shares of Common Stock
Acquired by director Jake Lansford on 2026-08-20 via code J transaction
Price per share
$0.0000 per share
Reported transaction price, reflecting receipt of shares for no consideration
Shares owned after transaction
65,882 shares of Common Stock
Total common shares beneficially owned directly by Jake Lansford following the transaction
Restructuring-related shares
65,882 shares
TransactionSummary classifies the acquisition under restructuringCount and restructuringShares
Key Terms
distribution-in-kind, initial public offering, beneficially owned
3 terms
distribution-in-kind financial
"entities 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 (the "IPO")"
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.
beneficially owned financial
"total_shares_following_transaction": "65882.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did Lyntris Inc. (LYNX) disclose in this Form 4?
Lyntris Inc. disclosed that director Jake Lansford acquired 65,882 shares of its common stock on 2026-08-20 through an "other" type transaction coded J, classified as an acquisition.
What is Jake Lansford’s ownership in Lyntris Inc. (LYNX) after this transaction?
After the reported transaction, Jake Lansford directly holds 65,882 shares of Lyntris Inc. common stock, as stated in the Form 4 under total shares beneficially owned following the transaction.
Was the Lyntris Inc. (LYNX) Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnote describes a distribution-in-kind related to the IPO rather than a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
