Legato Merger Corp. IV (LEGO) Director Brian Pratt Sells Shares

What Happened

• Brian Pratt, a director of Legato Merger Corp. IV (ticker: LEGO), reported a sale of 40,000 shares on July 27, 2026. The filing lists the per-share price as $0.00 with total reported proceeds of $120. The transaction type is reported as a sale (open market or private sale).

Key Details

• Transaction date: 2026-07-27
• Transaction type/code: Sale (S) — open market or private sale
• Shares sold: 40,000; reported price: $0.00 per share; total proceeds reported: $120
• Shares owned after transaction: Not specified in the supplied filing
• Footnotes of note:
  • F1: Includes 150,000 shares contained within units
  • F2: Pratt Capital, LLC is an affiliate of Mr. Pratt
• Filing timeliness: No late-filing indication provided in the supplied data

Context

• Sales by directors are common and can reflect many non‑market reasons (liquidity needs, unit/component transactions, estate planning, etc.); they are not a direct signal of company outlook. The $0.00 per‑share figure paired with a small total ($120) suggests reporting particulars or fractional/unit adjustments rather than a typical high-value open‑market trade. The affiliate note (Pratt Capital, LLC) clarifies related-party holdings.