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LTRN · Lantern Pharma Inc.
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LTRN Lantern Pharma (LTRN) Insider Trading, Ownership & Congress Trades

Pharma & Biotech · Pharmaceutical preparations · CIK 0001763950
SEC filings
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
20
13F, latest reported quarter

What the filings say about LTRN

Insiders, 180 days
+$200.0K net bought
2 buyers

Lantern Pharma insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Lantern Pharma Inc. insiders bought a net $200.0K of stock across 124 Form 4 purchases and sales, with 2 insiders buying. Source: SEC Form 4 filings, as of 2026-10-28.

Insider
Filed
Shares
Value
Since filing
BUY
2026-05-14 SECtraded 2026-05-12
48,544
$100.0K
-80.1%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 100.0% of the 48,544 shares held after it.
  • 1 other insider bought within 30 days.
  • 20 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Schalop Lee Troy bought about $100.0K of LTRN on May 12, 2026, the largest insider purchase at the company on our record; 1 other insider bought within 30 days and 20 funds added in the latest 13F quarter.
BUY
2026-05-14 SECtraded 2026-05-12
48,544
$100.0K
-80.1%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 51.5% of the 94,303 shares held after it.
  • 1 other insider bought within 30 days.
  • 20 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director KEYSER D JEFFREY bought about $100.0K of LTRN on May 12, 2026, the largest insider purchase at the company on our record; 1 other insider bought within 30 days and 20 funds added in the latest 13F quarter.
SELL
2025-06-13 SEC
12,319
$38.1K
-80.5%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 3.8% of the 323,335 shares held after it.
  • 4 other insiders sold within 30 days.
  • 20 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider BIOS Fund II QP, LP sold about $38.1K of LTRN on Jun 13, 2025; 4 other insiders sold within 30 days and 20 funds added in the latest 13F quarter.
SELL
2025-06-13 SEC
4,354
$13.5K
-80.5%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 3.8% of the 114,272 shares held after it.
  • 4 other insiders sold within 30 days.
  • 20 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider BIOS Fund II QP, LP sold about $13.5K of LTRN on Jun 13, 2025; 4 other insiders sold within 30 days and 20 funds added in the latest 13F quarter.
SELL
2025-06-13 SEC
1,903
$5.9K
-80.5%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 3.8% of the 49,957 shares held after it.
  • 4 other insiders sold within 30 days.
  • 20 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider BIOS Fund II QP, LP sold about $5.9K of LTRN on Jun 13, 2025; 4 other insiders sold within 30 days and 20 funds added in the latest 13F quarter.
124 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Showing the latest few. to see 119 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net +$200.0K over 180 days
more than 80% of Pharma & Biotech
Congress
no House purchase disclosed in the last 12 months
Funds
20 funds bought in last quarter
below 68% of Pharma & Biotech
Revenue
no revenue reported in any filing
Margin
no margin: no revenue reported
Buybacks
no share repurchases reported
Short interest
4.5% of the float short (float per yahoo 2026-10-26) · 1.3 days to cover · settled 2026-09-30
below 55% of Pharma & Biotech
What changed in the last 30 days
Nothing new filed in the last 30 days

Watch LTRN

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-83.1%12M
-83%-51%-19%+13%2025-102025-122026-022026-042026-062026-082026-10 2026-05-12 · Schalop Lee Troy bought $100.0K2026-05-12 · KEYSER D JEFFREY bought $100.0K
Insider buy
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns LTRN: institutional holders (13F)

13F holdings, latest reported quarter
$2.1M

Congress trades in LTRN

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

LTRN planned insider sales (Form 144)

No planned-sale notices
No insider has filed to sell. Watch this after a run-up.

LTRN mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Horizon Kinetics Medical ETF
$104.9K position · as of 2026-06-30
0.6%
Fidelity Extended Market Index Fund
$171.0K position · as of 2026-05-31
0.0%
VANGUARD EXTENDED MARKET INDEX FUND
$338.2K position · as of 2026-06-30
0.0%
Dimensional US Sustainability Core 1 ETF
$5.1K position · as of 2026-07-31
0.0%
Fidelity Nasdaq Composite Index Fund
$24.5K position · as of 2026-05-31
0.0%
VANGUARD TOTAL STOCK MARKET INDEX FUND
$1.4M position · as of 2026-06-30
0.0%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Clinical pipeline
3 registered trials, 3 still running (ClinicalTrials.gov). A status change is dated here weeks before the press release.
1
Phase 1
1 active
1
Phase 2
1 active
1
Multi-phase
1 active
Matched by sponsor name. Trials run under a subsidiary's own name are not included.
Executive pay vs shareholder return · Panna Sharma
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$763.8K
$779.0K
$415.0K
-29%
n/a
2024
$1.1M
$1.0M
$646.0K
-25%
n/a
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders are net buyers of their own stock.
The record shows a net $200.0K bought by insiders over 180 days, 20 funds added last quarter. Each figure is a federal filing, dated the day it went public.
Same sector, ranked by filing activity
Sector by SEC SIC code

LTRN financials

Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
fewer than four consecutive quarters of revenue filed
Net margin, TTM
n/a
needs four consecutive quarters of both revenue and net income
Free cash flow, TTM
-$14.1M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Debt to equity
n/a
no debt line filed
Cash flow to debt
n/a
no debt line filed
Return on equity
-400.9%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
-143.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on capital employed
-183.9%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Enterprise value
n/a
no debt line filed
FCF yield
-176.5%
TTM free cash flow over market value at close 2026-10-26
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Operating income-$18.0M-$22.2M-$17.9M-$14.4M
Net income-$17.1M-$20.8M-$16.0M-$14.3M
EPS (diluted)-1.57-1.93-1.47-1.31
Operating cash flow-$15.7M-$17.8M-$14.3M-$12.8M
Cash$4.4M$7.5M$21.9M$37.2M
Buybacksn/an/a$500.0K$2.5M
SEC XBRL, fiscal years, as known on 2026-10-28

LTRN Stock Sonar score 4/7 axes

Find similar shapesCompare

LTRN ranks highest on insider conviction (80th percentile) and risk and compliance (61st), and lowest on profitability (12th), among Pharma & Biotech peers.

Profitability
12
Inputs
  • Return on equity-400.9% · 10 pct, sector of 545
  • Return on assets-143.4% · 16 pct, sector of 691
  • Return on invested capitaltax provision or pre-tax income not filed for the four quarters
  • Return on capital employed-183.9% · 12 pct, sector of 576
Insider conviction
80
Inputs
  • Net Form 4 buying (codes P and S), 180d$200K · 80 pct, sector of 428
  • Insider buyers, 180d2 · 81 pct, sector of 437
Institutional and government
32
Inputs
  • Funds adding, latest quarter20 · 32 pct, sector of 698
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
61
Inputs
  • Short interest, % of float+4.5% · 61 pct, sector of 813
  • Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
  • EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
  • New text in Risk Factors, latest 10-Kneeds two 10-Ks with a Risk Factors section (not 20-F filers or stubs)
3 not measured: Financial health, Growth, US patents
  • Financial health needs 1 of 2 inputs, 0 present: no debt line filed
  • Growth needs 1 of 2 inputs, 0 present: no backlog line filed, or no year-earlier backlog; no revenue for this year and the year before
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

LTRN filings, in plain words

Are Lantern Pharma insiders buying or selling LTRN?

In the 180 days to 2026-10-28, Lantern Pharma insiders were net buyers, a net $200.0K across purchases and sales reported on Form 4, by 2 buyers.

Read the full summary

In the 180 days to 2026-10-28, Lantern Pharma insiders were net buyers of LTRN, a net $200.0K across purchases and sales reported on Form 4 by 2 buyers. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.

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