Insider Ledger

LPCN insider buying and SEC filings, explained

Lipocine Inc. · CIK 1535955

Tracked: Forms 3/4/5, 8-K, NT · All filings on sec.gov

Company profile

Exchanges
Nasdaq
Industry (SIC)
Pharmaceutical Preparations
State of incorporation
DE
Fiscal year end
Dec 31
Former names
MARATHON BAR CORP

Insider activity in the last 12 months

Bought
$517K
Insiders who bought
2
Sold (not marked 10b5-1)
$0
Planned sales (10b5-1)
$0

Insider purchases and sales, last 12 months

TradedTypeWhat was filedSource
Sep 29–30, 2026Purchase (code P)John W. Higuchi (Director) bought 25,007 shares between Sep 29 and Sep 30 at about $2.20 ($55K), reported as a purchase (code P). Holdings up 12% to 241,365 shares. Not marked as a 10b5-1 plan trade.SEC filing
Filed Oct 1, 2026, 8:28 PM ET
Sep 28, 2026Purchase (code P)John W. Higuchi (Director) bought 12,561 shares at $2.16 ($27K), reported as a purchase (code P). Holdings up 6% to 216,358 shares. Not marked as a 10b5-1 plan trade.SEC filing
Filed Sep 30, 2026
Apr 7, 2026Purchase (code P)John W. Higuchi (Director) bought 40,000 shares at $2.03 ($81K), reported as a purchase (code P). Holdings up 24% to 203,797 shares. Not marked as a 10b5-1 plan trade.SEC filing
Filed Apr 7, 2026
Apr 6, 2026Purchase (code P)John W. Higuchi (Director) bought 123,000 shares at $2.05 ($252K), reported as a purchase (code P). Holdings up 301% to 163,797 shares. Not marked as a 10b5-1 plan trade.SEC filing
Filed Apr 6, 2026
Apr 6, 2026Purchase (code P)Mahesh V. Patel (CEO and Director) bought 25,000 shares at $2.03 ($51K), reported as a purchase (code P). Holdings up 18% to 160,679 shares. Not marked as a 10b5-1 plan trade.SEC filing
Filed Apr 6, 2026
Apr 2, 2026Purchase (code P)Mahesh V. Patel (CEO and Director) bought 25,000 shares at $2.02 ($51K), reported as a purchase (code P). Holdings up 23% to 135,679 shares. Not marked as a 10b5-1 plan trade.SEC filing
Filed Apr 2, 2026

8 routine transactions (such as grants, option exercises or tax withholding) are not listed.

Cluster buys

2 insiders bought in 30 days

$435K in purchases since Apr 2, 2026 · Purchases traded Apr 2, 2026 to Apr 7, 2026 · Closed

InsiderValueTradedSource
Mahesh V. Patel (CEO)$51KApr 2, 2026SEC filing
Mahesh V. Patel (CEO)$51KApr 6, 2026SEC filing
John W. Higuchi (Director)$252KApr 6, 2026SEC filing
John W. Higuchi (Director)$81KApr 7, 2026SEC filing

Red flags

No red flags in the last 12 months.

Key events

No key events in the last 12 months.

8-K filings, last 12 months

No 8-K filings in the last 12 months.

Red flags are objective triggers only: the item or form filed, never an opinion.

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