LONA LeonaBio, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon days Filed Mar 4, 2026 Processed 2mo ago
Insider cluster: 2 insiders, $14K total
Latest settled — T+20d ⚠ clustered
LONA ▲ +67.56% at T+20d
NEUTRAL call ✓ call won +67.56% · α vs SPY +71.97% · entry $5.98 → $10.02
Next anchor: T+60d in 8d
Currently $9.62 · +60.87% from $5.98 entry
Entry anchored
Mar 3, 03:54 PM ET
via Databento tick
T+1d
-10.20%
call -10.20% · α -9.63%
$5.37
settled 3mo ago
T+5d
+15.55%
call +15.55% · α +16.89%
$6.91
settled 2mo ago
T+20d
+67.56%
call +67.56% · α +71.97%
$10.02
settled 7w ago
T+60d
call — · α —
in 8d

Price Chart

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Executive Summary

Three C-suite executives at LeonaBio — the Chief Scientific Officer, CFO, and Chief Medical Officer — sold shares in the open market, collectively realizing $21,399 in proceeds. These sales coincided with the exercise of stock options for a larger number of shares, indicating pre-planned option exercises followed by sales to cover taxes or for liquidity. The total value is minimal relative to the company's $56M market cap.

Key Financial Metrics

Direction
selling
Total Value
$21.4K
Insiders
3

Actionable Insight

Monitor for additional selling or Form 4 filings — while this cluster is consistent with routine option exercises and tax-related sales, continued selling could signal weakening confidence.

Key Facts

  • C-suite insiders sold a total of $21,399 in shares over two days (March 3–4, 2026).
  • Sales were conducted on the open market by the Chief Scientific Officer, CFO, and Chief Medical Officer.
  • Concurrent with the sales, all three executives exercised stock options for 17,174 shares at $0 strike price (non-cash transactions).
  • Total open-market sale value represents just 0.038% of LeonaBio’s $56M market cap.

Financial Impact

$21,399 in open-market sales by insiders; no dilution or cash impact to company.

insider ownershipshare count (post-exercise)

Risk Factors

  • Perception of insider selling, even if tax-related, could weigh on sentiment in a small-cap stock.
  • Limited float or low trading volume may amplify price sensitivity to insider transactions.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (6 trades, 7d window)cluster-LONA-1772755882109
6 reports for LONA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for LONA — sortable, filterable
Type Now
May 11, 2026
9d ago
DEFA14A
NEUTRAL ★ 2/10
$10.17 $10.13▼ −0.39%▼ −0.47%$9.62 (−5.41%)
May 8, 2026
12d ago
3
NEUTRAL ★ 2/10
$10.04 $11.00▲ +9.56%▲ +8.10%$9.62 (−4.18%)
Apr 23, 2026
27d ago
Press Release
BULLISH ★ 7/10
$8.33 $9.10▲ +9.24%▲ +8.33%$9.62 (+15.49%)
Mar 26, 2026
7w ago
Press Release
BULLISH ★ 8/10
$8.97 $10.99▲ +22.52%▲ +18.66%$9.62 (+7.25%)
Mar 4, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$5.98 $6.91▲ +15.55%▲ +16.89%$9.62 (+60.87%)
Mar 4, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$5.98 $6.91▲ +15.55%▲ +16.89%$9.62 (+60.87%)
Showing 6 of 6

US Market Status

Market Closed — Opens Thu (< 1m)

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