Lyntris (NYSE: LYNX) CFO trims stake, keeps 496K shares
Rhea-AI Filing Summary
Lyntris Inc. (LYNX) reported that Chief Financial Officer Tim Paulin sold 55,169 shares of common stock on 2026-08-20 in a sale classified as a selling stockholder transaction in the company’s initial public offering. The shares were sold at $16.45 per share, representing the IPO price less underwriting discounts and commissions, leaving Paulin with 496,525 directly held shares after the sale.
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Insights
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Insider Trade Summary
Net Seller: 55,169 shares
Net Sell
1 txn
Insider
Paulin Tim
Role
Chief Financial Officer
Sold
55,169 shs ($908K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 55,169 | $16.45 | $908K |
Holdings After Transaction:
Common Stock — 496,525 shares (Direct)
Footnotes (2)
- F1. Represents shares sold by the Reporting Person as a selling stockholder in the Issuer's initial public offering.
- F2. Represents the IPO price, less underwriting discounts and commissions.
Key Figures
Shares sold: 55,169 shares
Sale price per share: $16.45
Shares owned after transaction: 496,525 shares
3 metrics
Shares sold
55,169 shares
Common Stock sold on 2026-08-20
Sale price per share
$16.45
Represents IPO price, less underwriting discounts and commissions
Shares owned after transaction
496,525 shares
Directly held Common Stock following the 2026-08-20 sale
Key Terms
initial public offering, selling stockholder, underwriting discounts and commissions
3 terms
initial public offering financial
"shares sold by the Reporting Person as a selling stockholder in 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.
selling stockholder financial
"Represents shares sold by the Reporting Person as a selling stockholder in the Issuer's"
A selling stockholder is an individual or entity that owns shares of a company's stock and chooses to sell some or all of those shares to others. This often occurs when the owner wants to cash in on their investment or reduce their stake. For investors, understanding who the selling stockholder is can provide insights into potential changes in the company's ownership or market activity.
underwriting discounts and commissions financial
"Represents the IPO price, less underwriting discounts and commissions"
Underwriting discounts and commissions are fees paid to financial institutions that help sell new securities to investors. They act like a commission for their role in connecting companies with buyers, often reducing the amount of money the issuing company raises. For investors, understanding these costs helps gauge how much of their investment is going toward the actual securities versus fees paid to middlemen.
FAQ
What insider transaction did Lyntris Inc. (LYNX) disclose for CFO Tim Paulin?
Lyntris Inc. disclosed that CFO Tim Paulin sold 55,169 shares of common stock on 2026-08-20 as a selling stockholder in the company’s initial public offering, at a price of $16.45 per share, and held 496,525 shares afterward.
Was Tim Paulin’s LYNX stock sale part of the company’s IPO?
Yes. A footnote states the 55,169 shares represent shares sold by the reporting person as a selling stockholder in Lyntris Inc.’s initial public offering.
Does the Form 4 indicate use of a Rule 10b5-1 trading plan for the LYNX sale?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes do not state that the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.