Lyntris (LYNX) Director Jake Lansford Receives 65,882 Shares

What Happened

• Jake Lansford, a director of Lyntris Inc. (LYNX), was reported to have acquired 65,882 shares on 2026-08-20. The shares were received for no cash consideration (price $0.00; reported value $0).
• The filing lists the transaction as an "other acquisition or disposition" (code J) and the acquisition arose from a distribution-in-kind tied to entities affiliated with Trive Capital Holdings LLC.

Key Details

• Transaction date: 2026-08-20; Filing date (Form 4): 2026-08-21 (timely).
• Shares acquired: 65,882; reported price per share: $0.00; total cash value reported: $0.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: The shares were part of a distribution-in-kind described in Lyntris’s S-1 (concurrent with the IPO) where Trive Capital affiliates distributed unsold common shares to their partners for no consideration.
• Transaction code: J (other acquisition/disposition). No 10b5-1 plan, tax withholding, or option exercise was reported.

Context

• A distribution-in-kind like this is an allocation of existing shares rather than an open-market purchase or sale. It typically reflects ownership transfers among pre-IPO holders (here, Trive Capital affiliates and their partners) and does not necessarily indicate a director’s active market buying or selling decision.
• Retail investors should note this is not a cash purchase or sale and therefore provides limited insight into the director’s view of the company compared with open-market purchases or sales.