Trust tied to Monopar (MNPR) CEO receives 62,815 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monopar Therapeutics Chief Executive Officer and director Chandler Robinson reported an indirect acquisition of 62,815 shares of common stock on a Form 4. The shares were received at $0 per share through a pro rata liquidating distribution from Tactic Pharma, LLC and are held by the Chandler D. Robinson Irrevocable Trust U/A dated May 20, 2020. Following this transaction, Robinson also reports 85,718 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Robinson Chandler
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 62,815 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,815 shares (Indirect, See Footnote);
Common Stock — 85,718 shares (Direct)
Footnotes (1)
- Pro rata liquidating distribution from Tactic Pharma, LLC ("Tactic"), of which the reporting person is a non-controlling member. In prior reports, the reporting person reported beneficial ownership of 272,026 shares of Monopar Therapeutics Inc. common stock held by Tactic. Represents shares held by the Chandler D. Robinson Irrevocable Trust U/A dated May 20, 2020.
FAQ
What insider transaction did Monopar (MNPR) report for CEO Chandler Robinson?
Monopar CEO Chandler Robinson reported an indirect acquisition of 62,815 common shares. The shares were received at $0 per share via a pro rata liquidating distribution from Tactic Pharma, LLC and are held by the Chandler D. Robinson Irrevocable Trust.
What is the role of Tactic Pharma, LLC in the Monopar (MNPR) Form 4 transaction?
Tactic Pharma, LLC was the source of the 62,815 shares distributed. The filing explains it was a pro rata liquidating distribution from Tactic, where Robinson is a non-controlling member, and earlier reports had shown his beneficial ownership of Monopar shares held by Tactic.