DEEP TRACK BIOTECHNOLOGY MASTER FUND, LTD. purchased 2.67M shares of LB PHARMACEUTICALS INC on the open market
Open‑market purchase worth $40.00M. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 9/16/2025ACC: 0002015536-25-000007
→
10% Owner
Since Feb 2026
-13.31M
Net shares
Net seller
$40.00M
Total acquired
2
Open market trades
2B · 0S
4
Total transactions
3.35M acquired · 16.67M disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+686.14K
Price / share
—
Trade value
—
% of position
New position
9/12/2025
0.00→686.14K
Common Stock
Direct
Shares
+2M
Price / share
$15.00
Trade value
$30M
% of position
291.5%
9/12/2025
686.14K→2.69M
Common Stock
Indirect
Shares
+666.67K
Price / share
$15.00
Trade value
$10M
% of position
New position
9/12/2025
0.00→666.67K
Total
Net shares
+3.35M
Net value
$40M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/12/2025 | C · Conversion | +686.14K | — | — | New position | 0.00 | 686.14K |
| Common Stock Direct | 9/12/2025 | P · Purchase | +2M | $15.00 | $30M | 291.5% | 686.14K | 2.69M |
| Common Stock Indirect | 9/12/2025 | P · Purchase | +666.67K | $15.00 | $10M | New position | 0.00 | 666.67K |
| Total | +3.35M | $40M | ||||||
Derivative Transactions1
Series C Preferred Stock
Direct
Converts to
Common Stock
686.14K shares
Shares
−16.67M
Strike price
Held after
0.00
Exercisable
—
9/12/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series C Preferred Stock Direct | Common Stock686.14K shares | 9/12/2025 | C · Conversion | −16.67M | — | 0.00 |