Davis Todd C bought PTHS

July 1, 2025 · Form 4 insider transaction

Davis Todd C bought 1,500,000 shares of Pelthos Therapeutics Inc. at $10.00 per share, a transaction worth $15.00M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,500,000
Price
$10.00
Total value
$15.00M
Role
SecurityCommon Stock
Transaction codeC: Conversion of a derivative
Transaction dateJuly 1, 2025
Filing dateJuly 3, 2025
Shares owned after1,500,000
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The numbers reported herein have been adjusted to reflect the 1-for-10 reverse stock split effected by the Issuer on July 1, 2025.; Todd Davis is the Chief Executive Officer and a member of the board of directors of Ligand Pharmaceuticals Inc. ("Ligand"). By virtue of this relationship, Mr. Davis may be deemed to beneficially own the shares of Common Stock held of record by Ligand. Mr. Davis disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.

View the original Form 4 on SEC EDGAR