Deep Track Biotechnology Master Fund, Ltd. bought LBRX

September 12, 2025 · Form 4 insider transaction

Deep Track Biotechnology Master Fund, Ltd. bought 2,000,000 shares of LB Pharmaceuticals Inc at $15.00 per share, a transaction worth $30.00M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
2,000,000
Price
$15.00
Total value
$30.00M
Role10% owner
SecurityCommon Stock
Transaction codeP: Open-market purchase
Transaction dateSeptember 12, 2025
Filing dateSeptember 16, 2025
Shares owned after2,686,138
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Represents securities held by Deep Track Biotechnology Master Fund, Ltd. Deep Track Capital, LP is the investment manager of Deep Track Biotechnology Master Fund, Ltd. Mr. David Kroin is the managing member of Deep Track Capital GP, LLC, the general partner of Deep Track Capital, LP., and by virtue of such status may be deemed to be the beneficial owner of the shares owned by Deep Track Biotechnology Master Fund, Ltd. Deep Track Capital, LP and Mr. Kroin disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests.

View the original Form 4 on SEC EDGAR