Director Jason Haas sold 6,461 shares for $1,651,320.20 at LGND; retains 4,981 non-derivative shares plus 13,276 derivative holdings.
Jason Haas sold 6,461 shares across 2 transactions on 2026-06-12 at prices of $255.01 and $256.08, for a combined $1,651,320.20. His non-derivative holdings dropped from 11,442 to 4,981 shares, representing a 56.5% reduction of his non-derivative position. However, the FLAG section clarifies that his overall position remains substantial: he retains 7,138 and 6,138 non-qualified stock options, totaling 13,276 derivative shares. The current stock price of $253.25 is only 2.2% below the 52-week high of $259.03, and the stock has advanced 18.8% over the past 30 days and 20.0% over 90 days. Fundamentals show annual revenue growth of 60.4% but negative net income of $-13,345,000.00 on $51,722,000.00 quarterly revenue, with a P/E of 33.06. This sale represents a scheduled reduction of a specific tranche of shares, not a portfolio exit, given his substantial remaining derivative position.