4Filed Aug 3, 8:00 PM ET
Legato Merger Corp. IV CEO Gregory Monahan Buys Shares
$LEGO · Legato Merger Corp. IVResearch Summary
AI-generated summary of this SEC filing
Legato Merger Corp. IV CEO Gregory Monahan Buys Shares
What Happened
- Gregory R. Monahan, CEO and director of Legato Merger Corp. IV (LEGO), reported a purchase of 27,919 shares on 2026-08-03. The Form 4 shows a reported price of $0.00 and total reported consideration of $84. This is a reported purchase (transaction code P), which is typically viewed as an informational/bullish signal rather than a sale.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-04 (timely filing).
- Reported shares acquired: 27,919; reported per-share price: $0.00; total reported consideration: $84.
- Footnote: Includes 2,700 shares contained within units.
- Shares owned after the transaction: not provided in the supplied data (see the full Form 4 for ownership totals).
- Transaction code: P (purchase).
Context
- Purchases by executives can be seen as a positive signal, but they do not guarantee future performance. The reported per-share price of $0.00 and the small total consideration suggest a nonstandard pricing/rounding or unit-related structure—refer to the complete Form 4 for transaction details and instrument descriptions.