Delcath Systems, Inc.: director Rosalind Advisors, Inc. sold 27,502 shares

What happened Rosalind Advisors, Inc., listed as a director, reported three transactions on Oct 13, 2026: conversion of derivative securities to acquire 3,627 common shares at $0.00; an other acquisition/disposition (code J) disposing 27,502 shares at $0.00; and conversion of 36.27 derivative securities reported as disposed at $0.00. The filing shows $0.00 as the price/consideration for each transaction.

Key details

• Transaction date(s) and price(s): Oct 13, 2026; all transactions reported at $0.00 per share.
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes from the filing:
  • F1: Each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
  • F2: Rosalind Opportunities Fund I L.P. converted 36.27 shares of Series E Preferred Stock to acquire 3,627 common shares.
  • F3: Shares were distributed in kind by Rosalind Opportunities Fund I L.P. to limited partners in satisfaction of redemption requests, for no consideration.
  • F4: The Series E Preferred Stock has no expiration date and is immediately convertible.
• Filing timeliness: filed Oct 14, 2026 for a transaction on Oct 13, 2026 (not marked late in the filing).

Why it may matter

• The filing shows conversion of preferred shares into common shares (derivative conversion) and an in-kind distribution to limited partners, not a market sale for consideration.
• The filing does not show why the insider traded or why the company acted.