Annovis Bio, Inc.·4

Apr 3, 5:06 PM ET

Hoffman Michael B 4

Research Summary

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Updated

Annovis Bio (ANVS) Director Michael B. Hoffman Buys 713,800 Shares

What Happened

  • Michael B. Hoffman, a director of Annovis Bio, acquired 713,800 shares in an open-market purchase on April 2, 2026. The shares were bought at $2.10 per share, for a total cash outlay of $1,498,980. This was a purchase (inflow of personal capital), not a sale.

Key Details

  • Transaction date and price: 2026-04-02 — Purchase at $2.10 per share.
  • Total shares acquired: 713,800; total value: $1,498,980.
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: Shares are held in a family trust formed by the reporting person; Hoffman has voting and investment power over those shares (F1).
  • Filing timeliness: Report filed 2026-04-03 for a 2026-04-02 transaction (filed the next day; not noted as late).

Context

  • This was an outright open-market purchase (code P), which is generally more informative to investors than routine sales because it reflects an insider buying stock.
  • No options, awards, gifts, or tax-withholding details were reported in this Form 4.