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Signature
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By: /s/ Andrew Reardon, Attorney-in-Fact For: Octavio Espinoza
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Issuer symbol
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LGND
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Transactions as of
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11 Mar 2026
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Net transactions value
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-$687,825
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Form type
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4
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Filing time
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13 Mar 2026, 19:29:34 UTC
Reporting Owners (1)
| Name |
Relationship |
Address |
Signature |
Signature date |
CIK |
| Espinoza Octavio |
Chief Financial Officer |
555 HERITAGE DRIVE, SUITE 200, JUPITER |
By: /s/ Andrew Reardon, Attorney-in-Fact For: Octavio Espinoza |
13 Mar 2026 |
0001905248 |
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
LGND |
Common Stock |
Options Exercise |
|
+2,405 |
+11% |
$92.65* |
24,067 |
11 Mar 2026 |
Direct |
F1 |
| transaction |
LGND |
Common Stock |
Sale |
$687,825 |
-3,057 |
-13% |
$225.00 |
21,010 |
11 Mar 2026 |
Direct |
F1 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Underlying Class |
Amount |
Exercise Price |
Ownership |
Footnotes |
| transaction |
LGND |
Employee Stock Option (right to buy) |
Options Exercise |
|
-2,405 |
-100% |
$0.000000* |
0 |
11 Mar 2026 |
Common Stock |
2,405 |
$92.65 |
Direct |
F1, F2 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
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).
Explanation of Responses: