Vault-13

LANTERN PHARMA INC LTRN

COM · Common Stock · CUSIP 51654W101

39 institutional holders +6 vs Q1 2026
2,882,8552.9m shares reported held*
22.6% of all shares outstanding*
$12.0mreported value*
12 new 9 added 8 reduced 6 sold out net bought ≈ $3.3m (+786.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 12.8m as of 2026-08-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $4.17. Options: 1 managers hold calls ($3.8k notional), 1 hold puts ($2.5k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 27Q4 22: 24Q1 23: 22Q2 23: 26Q3 23: 28Q4 23: 31Q1 24: 35Q2 24: 40Q3 24: 32Q4 24: 33Q1 25: 33Q2 25: 36Q3 25: 31Q4 25: 33Q1 26: 33Q2 26: 3939Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202227
Q4 202224
Q1 202322
Q2 202326
Q3 202328
Q4 202331
Q1 202435
Q2 202440
Q3 202432
Q4 202433
Q1 202533
Q2 202536
Q3 202531
Q4 202533
Q1 202633
Q2 202639

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 12 bought or addedQ3 24: 19 cut or sold outQ4 24: 10 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 8 cut or sold outQ2 25: 19 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 12 bought or addedQ3 25: 15 cut or sold outQ4 25: 12 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 12 cut or sold outQ2 26: 21 bought or addedQ2 26: 14 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241219
Q4 20241015
Q1 2025138
Q2 20251910
Q3 20251215
Q4 20251213
Q1 20261112
Q2 20262114

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150kQ3 25 calls: $101.7kQ3 25 puts: $16.1kQ3 25P/C 0.16Q4 25 calls: $81.8kQ4 25 puts: $10.0kQ4 25P/C 0.12Q1 26 calls: $822Q1 26 puts: $137Q1 26P/C 0.17Q2 26 calls: $3.8kQ2 26 puts: $2.5kQ2 26P/C 0.67
Numbers
QuarterCallsPutsP/C
Q3 2025$101.7k$16.1k0.16
Q4 2025$81.8k$10.0k0.12
Q1 2026$822$1370.17
Q2 2026$3.8k$2.5k0.67

Biggest buyers

Empery Asset Management, LP New +842,669+842.7k
CM Management, LLC Added +250,000+250.0k
RENAISSANCE TECHNOLOGIES LLC Added +175,039+175.0k
VANGUARD CAPITAL MANAGEMENT LLC Added +93,039+93.0k
CITADEL ADVISORS LLC New +47,895+47.9k
Quadrature Capital Ltd New +39,593+39.6k
XTX Topco Ltd New +17,415+17.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +14,073+14.1k
MARSHALL WACE, LLP New +11,946+11.9k
Farther Finance Advisors, LLC New +10,975+11.0k

Biggest sellers

BIOS Capital Management, LP Reduced -615,038-615.0k
Voss Capital, LP Sold out -50,000-50.0k
BlackRock, Inc. Reduced -22,917-22.9k
DIMENSIONAL FUND ADVISORS LP Reduced -21,335-21.3k
GEODE CAPITAL MANAGEMENT, LLC Reduced -8,827-8.8k
Tower Research Capital LLC (TRC) Reduced -2,407-2.4k
Westside Investment Management, Inc. Reduced -2,200-2.2k
CURIO WEALTH, LLC Sold out -2,000-2.0k
WELLS FARGO & COMPANY/MN Sold out -1,475-1.5k
HORIZON KINETICS ASSET MANAGEMENT LLC Reduced -1,209-1.2k

Biggest calls

GROUP ONE TRADING LLC New $3.8k900 shares

Biggest puts

SIMPLEX TRADING, LLC Added $2.5k600 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
SATTERFIELD THOMAS A JR 13G · passive investor +2.5 pts · filed 2026-07-23 7.6% +2.5 pts 975.0k≈ $4.1m 2026-07-23

Fell to 5% or below in the last year: Empery Asset Management, LP (5.0%, 2026-10-13), Bios Equity Partners, LP (4.5%, 2026-05-15)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 2 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20262$100.0k0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-05-12 Schalop Lee Troy Director Bought 48,544 $2.06 $100.0k48.5k shares new
2026-05-12 KEYSER D JEFFREY Director Bought 48,544 $2.06 $100.0k48.5k shares +106%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empery Asset Management, LP 4.06% of their portfolio NEW YORK, NY 842,669842.7k $3.5m $3.5m 4.06% New
2 CM Management, LLC 1.32% of their portfolio GULF BREEZE, FL 500,000500.0k $2.1m $2.1m 1.32% Added +250.0k +250,000
3 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 425,118425.1k $1.8m $1.8m 0.00% Added +93.0k +93,039
4 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 291,039291.0k $1.2m $1.2m 0.00% Added +175.0k +175,039
5 BIOS Capital Management, LP 2.50% of their portfolio Fort Worth, TX 249,397249.4k $1.0m $1.0m 2.50% Reduced -615.0k -615,038
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 102,819102.8k $428.9k $428.9k 0.00% Reduced -8.8k -8,827
7 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 49,95050.0k $208.3k $208.3k 0.00% Added +343 +343
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 47,89547.9k $199.7k $199.7k 0.00% New
9 Westside Investment Management, Inc. 0.03% of their portfolio SANTA MONICA, CA 47,85047.9k $199.5k $199.5k 0.03% Reduced -2.2k -2,200
10 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 39,59339.6k $165.1k $165.1k 0.00% New
11 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 27,04927.0k $112.8k $112.8k 0.00% Reduced -350 -350
12 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 25,16425.2k $104.9k $104.9k 0.00% Reduced -1.2k -1,209
13 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 23,81423.8k $99.3k $99.3k 0.00% Unchanged
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 23,65223.7k $98.6k $98.6k 0.00% Unchanged
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 22,35022.4k $93.2k $93.2k 0.00% Reduced -22.9k -22,917
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 21,30121.3k $88.8k $88.8k 0.00% Unchanged
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 17,48517.5k $72.9k $72.9k 0.00% Added +1.9k +1,896
18 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 17,41517.4k $72.6k $72.6k 0.00% New
19 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 16,72516.7k $69.7k $69.7k 0.00% Reduced -21.3k -21,335
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 16,63216.6k $69.4k $69.4k 0.00% Added +6.6k +6,555
21 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 15,43215.4k $64.4k $64.4k 0.00% Unchanged
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,07314.1k $58.7k $58.7k 0.00% New
23 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 12,22812.2k $51.0k $51.0k 0.00% Unchanged
24 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 11,94611.9k $49.8k $49.8k 0.00% New
25 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 10,97511.0k $45.8k $45.8k 0.00% New
26 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 2,3552.4k $9.8k $9.8k 0.00% Unchanged
27 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 2,3372.3k $9.7k $9.7k 0.00% Added +2.2k +2,230
28 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2,1592.2k $9.0k $9.0k 0.00% Added +15 +15
29 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,1621.2k $4.8k $4.8k 0.00% Reduced -2.4k -2,407
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 639639 $2.7k $2.7k 0.00% Added +38 +38
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 500500 $2.1k $2.1k 0.00% Unchanged
32 ENTRUST FINANCIAL LLC 0.00% of their portfolio WAYNE, PA 500500 $2.1k $2.1k 0.00% New
33 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 220220 $917 $917 0.00% Unchanged
34 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 158158 $659 $659 0.00% New
35 Rialto Wealth Management, LLC 0.00% of their portfolio SYRACUSE, NY 123123 $513 $513 0.00% New
36 PlanVest Financial, Inc 0.00% of their portfolio GAITHERSBURG, MD 100100 $417 $417 0.00% New
37 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 2323 $96 $96 0.00% Unchanged
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 66 $25 $25 0.00% New
39 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 22 $8 $8 0.00% Unchanged