Trade Summary

9 months ago, Pontifax Management 4 G.P. (2015) Ltd., serving as 10% owner at Lb Pharmaceuticals Inc (LBRX), purchased 1,000,000 shares at $15.00 per share, for a total transaction value of $15,000,000.00. Following this transaction, Pontifax Management 4 G.P. (2015) Ltd. now holds 1,411,681 shares of LBRX.

This purchase represents a 243.00% increase in Pontifax Management 4 G.P. (2015) Ltd.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, September 12, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, September 16, 2025 at 4:15 PM ET, 4 days after the trade was made.

Lb Pharmaceuticals Inc operates in the NONE sector, specifically within the NONE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.