SEC Form 4 · accession 0002001011-26-000101
LIGAND PHARMACEUTICALS INC · LGND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martine Zimmermann
Director
Period of report
Jun 5, 2026
Accepted (ET)
Jun 9, 2026 · 7:42 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000886163
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 5, 2026 | A | 836 | $0.00 | A | 5,279 | D | |
| Common StockF2 | Jun 5, 2026 | F | 182 | $237.00 | D | 5,097 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $237.00 | Jun 5, 2026 | A | 2,938 | A | — | Jun 5, 2036 | Common Stock | 2,938 | 2,938 | D |
Explanation of responses
- F1Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. Acquired by a grant of the Board of Directors of the Company at their annual meeting on June 5, 2026. Fully vests on the earlier of (A) the date of the next annual meeting of the Company stockholders following the grant date or (B) on the first anniversary of the date of grant.
- F2Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of restricted stock units.
- F3Acquired by a grant of the Board of Directors of the Company at their annual meeting on June 5, 2026. Fully vests on the earlier of (A) the date of the next annual meeting of the Company stockholders following the grant date or (B) on the first anniversary of the date of grant.