Massivemarkets

SEC Form 4

Ligand Pharmaceuticals Inc. (LGND) insider trading

In the 12 months to Oct 23, 2026, 9 LGND insiders reported open-market sales of $34.7M across 30 filings; no open-market purchases were filed.

Latest filing · Last 12 months · Source: SEC EDGAR · How we count

Open-market sales
$34.7M
30 filings · 9 insiders
Open-market purchases
$0
0 filings
Pre-arranged sales (10b5-1)
18 of 30
$24.1M of $34.7M sold (69%)

Who traded LGND, and when

  • Sale
  • Sale, pre-arranged (10b5-1)

LGND daily close from Oct 23, 2025 to Oct 22, 2026, between $181.65 and $322.61, last $307.82. 30 sale and 0 purchase filings by 9 insiders, marked at their filing dates. Octavio Espinoza, Chief Financial Officer: sold $13.0M across 4 filings, first filed Dec 16, 2025, last Aug 14, 2026. Andrew Reardon, CLO & Secretary: sold $10.3M across 8 filings, first filed Mar 6, 2026, last Oct 6, 2026. Jason Haas, Director: sold $3.7M across 2 filings, first filed Jun 15, 2026, last Aug 14, 2026. John L. Lamattina, Director: sold $2.4M across 3 filings, first filed Nov 12, 2025, last Jun 12, 2026. Nancy Ryan Gray, Director: sold $1.4M across 1 filing, first filed Nov 12, 2025, last Nov 12, 2025. Jason Aryeh, Director: sold $1.3M across 1 filing, first filed Jun 12, 2026, last Jun 12, 2026. 3 others: sold $2.6M across 11 filings, first filed Nov 5, 2025, last Sep 14, 2026.

Largest mark · tap a row for others

Octavio Espinoza · Chief Financial Officer

Sale $9,241,229

31,641 shares at $292.07 avg

Filed Aug 14, 2026 · traded Aug 12

Pre-arranged (10b5-1) · close on filing date $294.60

LGND daily closelast $307.82

Octavio Espinoza · Chief Financial Officer

$13.0M sold

Andrew Reardon · CLO & Secretary

$10.3M sold

Jason Haas · Director

$3.7M sold

John L. Lamattina · Director

$2.4M sold

Nancy Ryan Gray · Director

$1.4M sold

Jason Aryeh · Director

$1.3M sold

3 others

$2.6M sold
One row per insider, smaller filers combined; marks sit at the SEC filing date, sized by dollar value.

Has Ligand Pharmaceuticals Inc.'s CEO sold stock?

No. Todd C. Davis (CEO) made no open-market sales filed as CEO in the last 12 months.

Open-market trades

30 filings in the last 12 months
InsiderRoleSoldBoughtFilingsPre-arranged (10b5-1)Last filed
Octavio EspinozaChief Financial Officer$13.0M—497% of sales
Andrew ReardonCLO & Secretary$10.3M—8100% of sales
Jason HaasDirector$3.7M—2—
John L. LamattinaDirector$2.4M—3—
Nancy Ryan GrayDirector$1.4M—1—
Jason AryehDirector$1.3M—1—
Stephen L. SabbaDirector$1.2M—3—
John W. KozarichDirector$1.1M—7100% of sales
Martine ZimmermannDirector$342.0K—1—
Other insider activity (not market trades) · 74 records
  • Option exercises35 records
  • Tax withholding18 records
  • Grants and awards16 records
  • Gifts1 record
  • Other4 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

Build this yourself

This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:

Agent prompt

Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for LGND every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.

How to read this page

Open-market purchase or sale
A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
Pre-arranged (10b5-1)
The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
Filing date
Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.