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STOCK TITAN

[Form 4] Vistagen Therapeutics, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Form 4 filing overview: Director Mollie Fadule reported the complete disposition of her Landsea Homes Corporation (LSEA) common stock on 06/24/2025.

  • Transaction details: 78,101 shares of common stock (par $0.0001) were tendered to Lido Merger Sub, Inc., a wholly-owned subsidiary of Lido Holdco, Inc., at a cash price of $11.30 per share under transaction code “Uâ€� (tender/other disposition).
  • Post-transaction holdings: Following the tender, the director’s beneficial ownership stands at 0 shares; ownership form remains direct.
  • Context: The filing indicates the shares were surrendered as part of a broader merger or tender-offer process. No derivative securities were reported.

The document is administrative in nature and does not provide broader financial metrics or operational updates for Landsea Homes. It simply confirms insider participation in the offer at the stated price and the elimination of the director’s equity stake after closing.

Panoramica della presentazione del Modulo 4: La direttrice Mollie Fadule ha comunicato la completa cessione delle sue azioni ordinarie di Landsea Homes Corporation (LSEA) il 24/06/2025.

  • Dettagli della transazione: 78.101 azioni ordinarie (valore nominale $0,0001) sono state offerte a Lido Merger Sub, Inc., una controllata interamente posseduta da Lido Holdco, Inc., al prezzo in contanti di $11,30 per azione con codice transazione “Uâ€� (offerta/altro tipo di cessione).
  • Detenzione post-transazione: Dopo l’offerta, la partecipazione diretta della direttrice è pari a 0 azioni; la forma di possesso rimane diretta.
  • Contesto: La comunicazione indica che le azioni sono state cedute nell’ambito di una più ampia fusione o offerta pubblica di acquisto. Non sono stati segnalati strumenti derivati.

Il documento ha natura amministrativa e non fornisce metriche finanziarie o aggiornamenti operativi più ampi su Landsea Homes. Conferma semplicemente la partecipazione dell’insider all’offerta al prezzo indicato e la cessazione della partecipazione azionaria della direttrice dopo la chiusura.

Resumen de la presentación del Formulario 4: La directora Mollie Fadule informó la disposición completa de sus acciones ordinarias de Landsea Homes Corporation (LSEA) el 24/06/2025.

  • Detalles de la transacción: 78,101 acciones ordinarias (valor nominal $0.0001) fueron entregadas a Lido Merger Sub, Inc., una subsidiaria totalmente propiedad de Lido Holdco, Inc., a un precio en efectivo de $11.30 por acción bajo el código de transacción “Uâ€� (oferta/otra disposición).
  • Tenencia después de la transacción: Tras la oferta, la propiedad beneficiosa de la directora queda en 0 acciones; la forma de propiedad sigue siendo directa.
  • Contexto: La presentación indica que las acciones fueron entregadas como parte de un proceso más amplio de fusión o oferta pública de adquisición. No se reportaron valores derivados.

El documento es de naturaleza administrativa y no proporciona métricas financieras ni actualizaciones operativas más amplias de Landsea Homes. Simplemente confirma la participación del insider en la oferta al precio indicado y la eliminación de la participación accionaria de la directora tras el cierre.

Form 4 제출 개요: ì´ì‚¬ 몰리 파듈(Mollie Fadule)ì€ 2025ë…� 6ì›� 24ì¼ì— Landsea Homes Corporation(LSEA) 보통ì£� 전량 처분ì� 보고했습니다.

  • 거래 세부사항: 78,101ì£�(ì•¡ë©´ê°€ $0.0001)ì� 보통주가 Lido Holdco, Inc.ì� ì „ì•¡ ì¶œìž ìžíšŒì‚¬ì¸ Lido Merger Sub, Inc.ì—� 주당 $11.30 현금 가격으ë¡� “Uâ€� 거래 코드(공개매수/기타 처분) í•˜ì— ì œì¶œë˜ì—ˆìŠµë‹ˆë‹�.
  • 거래 í›� 보유 현황: 제출 í›� ì´ì‚¬ì� 실질 소유 ì§€ë¶„ì€ 0ì£�ì´ë©°, 소유 형태ëŠ� ì§ì ‘ 보유ë¡� 유지ë©ë‹ˆë‹�.
  • ë°°ê²½: 제출서류ëŠ� 주ì‹ì� ë� í� 합병 ë˜ëŠ” 공개매수 과정ì� ì¼ë¶€ë¡� ì–‘ë„ë˜ì—ˆìŒì„ 나타냅니ë‹�. íŒŒìƒ ì¦ê¶Œì€ ë³´ê³ ë˜ì§€ 않았습니ë‹�.

ì� 문서ëŠ� 행정ì � 성격으로, Landsea Homesì� 광범위한 재무 지표나 ìš´ì˜ ì—…ë°ì´íЏë¥� 제공하지 않습니다. 단지 ë‚´ë¶€ìžê°€ 명시ë� 가격으ë¡� 거래ì—� 참여했으ë©�, 거래 종료 í›� ì´ì‚¬ì� ì§€ë¶„ì´ ì™„ì „íž� 소멸ë˜ì—ˆìŒì„ 확ì¸í•©ë‹ˆë‹�.

Vue d'ensemble du dépôt du formulaire 4 : La directrice Mollie Fadule a déclaré la cession complète de ses actions ordinaires de Landsea Homes Corporation (LSEA) le 24/06/2025.

  • Détails de la transaction : 78 101 actions ordinaires (valeur nominale de 0,0001 $) ont été remises à Lido Merger Sub, Inc., une filiale en propriété exclusive de Lido Holdco, Inc., au prix en espèces de 11,30 $ par action selon le code de transaction « U » (offre/toute autre disposition).
  • Détention après la transaction : Après l’offre, la participation bénéficiaire de la directrice est de 0 action ; la forme de détention reste directe.
  • Contexte : Le dépôt indique que les actions ont été cédées dans le cadre d’un processus de fusion plus large ou d’une offre publique d’achat. Aucun titre dérivé n’a été déclaré.

Le document est de nature administrative et ne fournit pas de données financières ou de mises à jour opérationnelles plus larges pour Landsea Homes. Il confirme simplement la participation de l’initié à l’offre au prix indiqué et la suppression de la participation de la directrice après la clôture.

Übersicht der Form 4 Einreichung: Direktorin Mollie Fadule meldete die vollständige Veräußerung ihrer Landsea Homes Corporation (LSEA) Stammaktien am 24.06.2025.

  • Transaktionsdetails: 78.101 Stammaktien (Nennwert $0,0001) wurden an Lido Merger Sub, Inc., eine hundertprozentige Tochtergesellschaft von Lido Holdco, Inc., zu einem Barpreis von $11,30 pro Aktie unter dem Transaktionscode „Uâ€� (Angebot/andere Veräußerung) angeboten.
  • Bestand nach der Transaktion: Nach dem Angebot hält die Direktorin 0 Aktien; die Eigentumsform bleibt direkt.
  • Kontext: Die Meldung weist darauf hin, dass die Aktien im Rahmen eines umfassenderen Fusions- oder Übernahmeangebots abgegeben wurden. Es wurden keine derivativen Wertpapiere gemeldet.

Das Dokument ist administrativer Natur und enthält keine weitergehenden finanziellen Kennzahlen oder operative Updates von Landsea Homes. Es bestätigt lediglich die Insider-Teilnahme am Angebot zum angegebenen Preis und die Beendigung der Beteiligung der Direktorin nach Abschluss.

Positive
  • Shares tendered at $11.30 each, confirming the cash consideration available to shareholders in the ongoing merger process.
Negative
  • Director’s beneficial ownership reduced to zero, eliminating insider equity alignment with the post-merger entity.

Insights

TL;DR Routine Form 4 shows director tendered all 78k shares at $11.30 in merger offer; limited standalone market impact.

The transaction code “U� and the explanatory note confirm the shares were tendered to Lido Merger Sub as part of an agreed acquisition structure. Because the price and terms mirror the public offer, the filing is largely procedural, ensuring Section 16 compliance. While the director no longer holds equity, the sale is consistent with the consummation of the takeover, not an open-market exit. Market impact is minimal because the tender share count was presumably included in prior offer acceptance tallies.

TL;DR Director’s ownership drops to zero, reducing board-level alignment but consistent with closing of cash merger.

Insider disposals can raise alignment concerns, but in a change-of-control scenario that delivers cash consideration to all shareholders, the divestiture is expected. The absence of remaining equity may foreshadow board turnover once the merger completes, yet such governance shifts are typical in acquisitions. Investors should monitor subsequent filings for confirmation of board reconstitution and any residual equity grants post-merger.

Panoramica della presentazione del Modulo 4: La direttrice Mollie Fadule ha comunicato la completa cessione delle sue azioni ordinarie di Landsea Homes Corporation (LSEA) il 24/06/2025.

  • Dettagli della transazione: 78.101 azioni ordinarie (valore nominale $0,0001) sono state offerte a Lido Merger Sub, Inc., una controllata interamente posseduta da Lido Holdco, Inc., al prezzo in contanti di $11,30 per azione con codice transazione “Uâ€� (offerta/altro tipo di cessione).
  • Detenzione post-transazione: Dopo l’offerta, la partecipazione diretta della direttrice è pari a 0 azioni; la forma di possesso rimane diretta.
  • Contesto: La comunicazione indica che le azioni sono state cedute nell’ambito di una più ampia fusione o offerta pubblica di acquisto. Non sono stati segnalati strumenti derivati.

Il documento ha natura amministrativa e non fornisce metriche finanziarie o aggiornamenti operativi più ampi su Landsea Homes. Conferma semplicemente la partecipazione dell’insider all’offerta al prezzo indicato e la cessazione della partecipazione azionaria della direttrice dopo la chiusura.

Resumen de la presentación del Formulario 4: La directora Mollie Fadule informó la disposición completa de sus acciones ordinarias de Landsea Homes Corporation (LSEA) el 24/06/2025.

  • Detalles de la transacción: 78,101 acciones ordinarias (valor nominal $0.0001) fueron entregadas a Lido Merger Sub, Inc., una subsidiaria totalmente propiedad de Lido Holdco, Inc., a un precio en efectivo de $11.30 por acción bajo el código de transacción “Uâ€� (oferta/otra disposición).
  • Tenencia después de la transacción: Tras la oferta, la propiedad beneficiosa de la directora queda en 0 acciones; la forma de propiedad sigue siendo directa.
  • Contexto: La presentación indica que las acciones fueron entregadas como parte de un proceso más amplio de fusión o oferta pública de adquisición. No se reportaron valores derivados.

El documento es de naturaleza administrativa y no proporciona métricas financieras ni actualizaciones operativas más amplias de Landsea Homes. Simplemente confirma la participación del insider en la oferta al precio indicado y la eliminación de la participación accionaria de la directora tras el cierre.

Form 4 제출 개요: ì´ì‚¬ 몰리 파듈(Mollie Fadule)ì€ 2025ë…� 6ì›� 24ì¼ì— Landsea Homes Corporation(LSEA) 보통ì£� 전량 처분ì� 보고했습니다.

  • 거래 세부사항: 78,101ì£�(ì•¡ë©´ê°€ $0.0001)ì� 보통주가 Lido Holdco, Inc.ì� ì „ì•¡ ì¶œìž ìžíšŒì‚¬ì¸ Lido Merger Sub, Inc.ì—� 주당 $11.30 현금 가격으ë¡� “Uâ€� 거래 코드(공개매수/기타 처분) í•˜ì— ì œì¶œë˜ì—ˆìŠµë‹ˆë‹�.
  • 거래 í›� 보유 현황: 제출 í›� ì´ì‚¬ì� 실질 소유 ì§€ë¶„ì€ 0ì£�ì´ë©°, 소유 형태ëŠ� ì§ì ‘ 보유ë¡� 유지ë©ë‹ˆë‹�.
  • ë°°ê²½: 제출서류ëŠ� 주ì‹ì� ë� í� 합병 ë˜ëŠ” 공개매수 과정ì� ì¼ë¶€ë¡� ì–‘ë„ë˜ì—ˆìŒì„ 나타냅니ë‹�. íŒŒìƒ ì¦ê¶Œì€ ë³´ê³ ë˜ì§€ 않았습니ë‹�.

ì� 문서ëŠ� 행정ì � 성격으로, Landsea Homesì� 광범위한 재무 지표나 ìš´ì˜ ì—…ë°ì´íЏë¥� 제공하지 않습니다. 단지 ë‚´ë¶€ìžê°€ 명시ë� 가격으ë¡� 거래ì—� 참여했으ë©�, 거래 종료 í›� ì´ì‚¬ì� ì§€ë¶„ì´ ì™„ì „íž� 소멸ë˜ì—ˆìŒì„ 확ì¸í•©ë‹ˆë‹�.

Vue d'ensemble du dépôt du formulaire 4 : La directrice Mollie Fadule a déclaré la cession complète de ses actions ordinaires de Landsea Homes Corporation (LSEA) le 24/06/2025.

  • Détails de la transaction : 78 101 actions ordinaires (valeur nominale de 0,0001 $) ont été remises à Lido Merger Sub, Inc., une filiale en propriété exclusive de Lido Holdco, Inc., au prix en espèces de 11,30 $ par action selon le code de transaction « U » (offre/toute autre disposition).
  • Détention après la transaction : Après l’offre, la participation bénéficiaire de la directrice est de 0 action ; la forme de détention reste directe.
  • Contexte : Le dépôt indique que les actions ont été cédées dans le cadre d’un processus de fusion plus large ou d’une offre publique d’achat. Aucun titre dérivé n’a été déclaré.

Le document est de nature administrative et ne fournit pas de données financières ou de mises à jour opérationnelles plus larges pour Landsea Homes. Il confirme simplement la participation de l’initié à l’offre au prix indiqué et la suppression de la participation de la directrice après la clôture.

Übersicht der Form 4 Einreichung: Direktorin Mollie Fadule meldete die vollständige Veräußerung ihrer Landsea Homes Corporation (LSEA) Stammaktien am 24.06.2025.

  • Transaktionsdetails: 78.101 Stammaktien (Nennwert $0,0001) wurden an Lido Merger Sub, Inc., eine hundertprozentige Tochtergesellschaft von Lido Holdco, Inc., zu einem Barpreis von $11,30 pro Aktie unter dem Transaktionscode „Uâ€� (Angebot/andere Veräußerung) angeboten.
  • Bestand nach der Transaktion: Nach dem Angebot hält die Direktorin 0 Aktien; die Eigentumsform bleibt direkt.
  • Kontext: Die Meldung weist darauf hin, dass die Aktien im Rahmen eines umfassenderen Fusions- oder Übernahmeangebots abgegeben wurden. Es wurden keine derivativen Wertpapiere gemeldet.

Das Dokument ist administrativer Natur und enthält keine weitergehenden finanziellen Kennzahlen oder operative Updates von Landsea Homes. Es bestätigt lediglich die Insider-Teilnahme am Angebot zum angegebenen Preis und die Beendigung der Beteiligung der Direktorin nach Abschluss.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Anderson Cynthia Lynn

(Last) (First) (Middle)
C/O VISTAGEN THERAPEUTICS, INC.
343 ALLERTON AVENUE

(Street)
SOUTH SAN FRANCISCO CA 94080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vistagen Therapeutics, Inc. [ VTGN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/30/2025 A(1) V 6,617 A $1.7 12,801 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person is voluntarily reporting the acquisition of shares under the Issuer's 2019 Employee Stock Purchase Plan, as amended, in a transaction exempt under Rule 16b-3(c) and Rule 16b-3(d).
/s/ Cynthia Anderson 07/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Mollie Fadule report in the latest LSEA Form 4?

She tendered 78,101 common shares at $11.30 per share, leaving her with zero shares.

What was the transaction date for the insider trade at Landsea Homes (LSEA)?

The transaction occurred on 06/24/2025.

How many Landsea Homes shares were disposed of in this filing?

A total of 78,101 common shares were disposed.

What price did the director receive per share in the tender offer?

The reported tender offer price was $11.30 per share.

Does the director hold any Landsea Homes shares after the transaction?

No, her beneficial ownership is now 0 shares.

Was any derivative security activity reported in this Form 4?

No, no derivative securities were reported.
Vistagen Therapeutics Inc

NASDAQ:VTGN

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Biotechnology
Pharmaceutical Preparations
United States
SOUTH SAN FRANCISCO