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sellModerate cluster of 2

Martine Zimmermann sold $342k of LGND

director at LIGAND PHARMACEUTICALS INC. 1,200 shares at an average of $285.00, traded Sep 10, 2026, filed Sep 14, 2026.

Warning score
43
Value
$342k
1,200 shares
Holdings after
3,897
-24% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Director
    +15
  • Trade size
    $342k at market
    +15
  • Share of holdings sold
    Sold 24% of holdings
    +5
  • Cluster
    2 insiders selling within 14 days
    +8

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

LGNDOct 9, 2026 · close 301.81
Since filing Sep 14, 2026: +7.5%SPY +2.6% · excess +5.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0002001011-26-000140, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 10, 2026SOpen-market sale
Common Stock
-1,200$285.00$342k3,89728 d ago

Related signals

Other insiders at LIGAND PHARMACEUTICALS INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
10Weak
LGNDsell10b5-1
LIGAND PHARMACEUTICALS INC
Andrew Reardon
CLO & Secretary
$1.5M
5,000 shares
-14%
33Weak
LGNDsell 210b5-1
LIGAND PHARMACEUTICALS INC
Andrew Reardon
CLO & Secretary
$1.4M
5,000 shares
-12%
13Weak
LGNDsell10b5-1
LIGAND PHARMACEUTICALS INC
Octavio Espinoza
Chief Financial Officer
$688k
3,057 shares
-13%
22Weak
LGNDsell10b5-1
LIGAND PHARMACEUTICALS INC
Octavio Espinoza
Chief Financial Officer
$2.8M
13,423 shares
-38%
45Moderate
LGNDsell 2
LIGAND PHARMACEUTICALS INC
Octavio Espinoza
Chief Financial Officer
$340k
1,804 shares
-6%
12Weak
LGNDsell 210b5-1
LIGAND PHARMACEUTICALS INC
John W Kozarich
director
$91k
467 shares
-1%
60Notable
LGNDsell 3
LIGAND PHARMACEUTICALS INC
Nancy Ryan Gray
director
$1.4M
6,571 shares
-56%
43Moderate
LGNDsell 3
LIGAND PHARMACEUTICALS INC
John L Lamattina
director
$859k
4,179 shares
-13%
19Weak
LGNDsell 310b5-1
LIGAND PHARMACEUTICALS INC
John W Kozarich
director
$89k
467 shares
-1%
12Weak
LGNDsell 210b5-1
LIGAND PHARMACEUTICALS INC
John W Kozarich
director
$84k
467 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Martine Zimmermann sold $342k of LGND | InsiderTell