4Filed Jul 29, 8:00 PM ET

Greenwich LifeSciences (GLSI) 10% Owner Snehal Patel Buys 2,200 Shares

$GLSI · Greenwich LifeSciences, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Greenwich LifeSciences (GLSI) 10% Owner Snehal Patel Buys 2,200 Shares

What Happened
Snehal Patel, a 10% owner of Greenwich LifeSciences (GLSI), made two open‑market purchases: 1,500 shares on 2026-07-28 at $13.59 ($20,385) and 700 shares on 2026-07-29 at $13.10 ($9,170), totaling 2,200 shares for $29,555. These were purchases (code P), which are generally viewed as a direct buy of company stock rather than a sale or option exercise.

Key Details

  • Transaction dates and prices:
    • 2026-07-28 — 1,500 shares @ $13.59 = $20,385
    • 2026-07-29 — 700 shares @ $13.10 = $9,170
  • Total acquired: 2,200 shares for $29,555
  • Shares owned after the transactions: not specified in the provided filing
  • Transaction type/code: Open market purchase (P)
  • Filing: Form 4 filed 2026-07-30 reporting the July 28–29 purchases; timing appears timely (Form 4s are due within two business days)
  • No footnotes (e.g., 10b5‑1 plan, tax withholding) were provided in the summary data

Context

  • As a reported 10% owner, Snehal Patel holds a significant stake; purchases by large holders can attract attention but do not, by themselves, indicate company guidance or guaranteed future performance.
  • These were straightforward open‑market buys (not option exercises, gifts, or awards), meaning Patel directly purchased shares on the market.