Lipocine Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Patel Mahesh V. | CEO and President | Award / Grant | 4,893 | — | — | 112,311 | Mar 8, 2024 |
| Fogarty Krista | Principal Accounting Officer | Award / Grant | 991 | — | — | 1,727 | Mar 8, 2024 |
| Patel Mahesh V. | CEO and President | Purchase | 8,706 | $5.03 | $43,791 | 107,418 | May 25, 2023 |
| Patel Mahesh V. | CEO and President | Purchase | 150,000 | $0.32 | $48,000 | 1,678,090 | Mar 24, 2023 |
| Ono Richard Dana | — | Purchase | 4,000 | $0.34 | $1,360 | 14,125 | Mar 20, 2023 |
| Patel Mahesh V. | CEO and President | Purchase | 50,000 | $0.33 | $16,500 | 1,528,090 | Mar 17, 2023 |
| Papapetropoulos Spyros | — | Purchase | 21,739 | $0.47 | $10,217 | 21,739 | Nov 22, 2022 |
| Patel Mahesh V. | CEO and President | Purchase | 75,000 | $0.39 | $29,250 | 1,478,090 | Nov 14, 2022 |
| Patel Mahesh V. | CEO and President | Purchase | 100,000 | $0.41 | $41,000 | 1,403,090 | Sep 27, 2022 |
| Fogarty Krista | Principal Accounting Officer | Purchase | 12,500 | $0.86 | $10,750 | 12,500 | May 17, 2022 |
| Patel Mahesh V. | CEO and President | Purchase | 50,000 | $0.77 | $38,500 | 1,303,090 | May 16, 2022 |
| Patel Mahesh V. | CEO and President | Purchase | 25,000 | $1.09 | $27,250 | 1,253,090 | Nov 18, 2021 |
| Higuchi John W. | — | Sale | 1,700 | $1.35 | $2,295 | 698,548 | Dec 31, 2020 |
| Higuchi John W. | — | Option Exercise | 3,750 | — | — | 700,248 | Dec 16, 2020 |
| Ono Richard Dana | — | Option Exercise | 5,250 | — | — | 10,125 | Dec 16, 2020 |
| Fink Jeffrey Arvin | — | Option Exercise | 5,625 | — | — | 6,562 | Dec 16, 2020 |
| HILL STEPHEN A | — | Option Exercise | 7,500 | — | — | 12,750 | Dec 16, 2020 |
| Patel Mahesh V. | Chief Executive Officer | Option Exercise | 45,000 | — | — | 1,243,090 | Dec 16, 2020 |
| BROWN MORGAN R | EVP and CFO | Sale | 8,437 | $1.35 | $11,390 | 194,504 | Dec 16, 2020 |
| Patel Mahesh V. | Chief Executive Officer | Sale | 43,500 | $1.57 | $68,295 | 1,075,112 | Dec 5, 2020 |
| BROWN MORGAN R | Chief Financial Officer | Sale | 17,250 | $1.57 | $27,083 | 104,062 | Dec 4, 2020 |
| Higuchi John W. | — | Purchase | 220,000 | $0.32 | $70,400 | 696,498 | Mar 17, 2020 |
| Patel Mahesh V. | CEO and President | Purchase | 40,000 | $0.38 | $15,200 | 973,612 | Dec 31, 2019 |
| Patel Mahesh V. | President and CEO | Purchase | 25,000 | $0.40 | $10,000 | 933,612 | Dec 10, 2019 |
| BROWN MORGAN R | EVP and Chief Financial Office | Sale | 17,250 | $0.41 | $7,073 | 63,812 | Dec 4, 2019 |
| Patel Mahesh V. | CEO and President | Sale | 43,500 | $0.41 | $17,835 | 908,612 | Dec 4, 2019 |
| Patel Mahesh V. | President and CEO | Purchase | 21,928 | $0.43 | $9,429 | 807,112 | Nov 26, 2019 |
| Patel Mahesh V. | CEO and President | Purchase | 40,259 | $0.40 | $16,104 | 777,302 | Nov 18, 2019 |
| Patel Mahesh V. | President and CEO | Award / Grant | 473 | $1.60 | $757 | 729,612 | May 24, 2019 |
| Bass Gregory Brooks | Chief Commercial Officer | Option Exercise | 9,375 | — | — | 9,375 | Dec 29, 2017 |
| Patel Mahesh V. | CEO, President | Sale | 6,000 | $3.48 | $20,880 | 722,112 | Dec 29, 2017 |
| BROWN MORGAN R | EVP and CFO | Option Exercise | 9,375 | — | — | 26,375 | Dec 29, 2017 |
| HILL STEPHEN A | — | Sale | 1,250 | $3.47 | $4,338 | 5,250 | Dec 29, 2017 |
| Ono Richard Dana | — | Sale | 875 | $3.47 | $3,036 | 4,875 | Dec 29, 2017 |
| Higuchi John W. | — | Option Exercise | 1,250 | — | — | 476,498 | Dec 29, 2017 |
| Fink Jeffrey Arvin | — | Sale | 938 | $3.47 | $3,255 | 937 | Dec 29, 2017 |
| Higuchi John W. | — | Award / Grant | 17,200 | $3.76 | $64,672 | 475,248 | May 12, 2017 |
| Higuchi John W. | — | Purchase | 5,000 | $12.68 | $63,400 | 693,382 | Sep 30, 2015 |
| Patel Mahesh V. | President and CEO | Purchase | 700 | $11.68 | $8,176 | 886,332 | Sep 30, 2015 |
| Patel Mahesh V. | President and CEO | Purchase | 2,000 | $5.10 | $10,200 | 885,632 | Nov 25, 2014 |
| Patel Mahesh V. | President and CEO | Purchase | 2,000 | $5.45 | $10,900 | 883,632 | Nov 24, 2014 |
| Ono Richard Dana | — | Purchase | 4,000 | $5.14 | $20,560 | 4,000 | Nov 19, 2014 |
| Patel Mahesh V. | President and CEO | Purchase | 100 | $5.06 | $506 | 881,632 | Nov 14, 2014 |
| HILL STEPHEN A | — | Purchase | 4,000 | $4.95 | $19,800 | 4,000 | Nov 13, 2014 |
| Patel Mahesh V. | President and CEO | Purchase | 2,000 | $5.05 | $10,100 | 879,632 | Nov 13, 2014 |
| BROWN MORGAN R | EVP and CFO | Award / Grant | 12,000 | — | — | 12,000 | Sep 16, 2013 |