Insider / LIGAND PHARMACEUTICALS INC
Espinoza Octavio
Chief Financial Officer at LIGAND PHARMACEUTICALS INC
- Company
- LIGAND PHARMACEUTICALS INC
- Ticker
- LGND
- First filing on record
- December 9, 2025
- Latest trade on record
- August 12, 2026
- SEC filings
- EDGAR ↗
Espinoza Octavio, Chief Financial Officer at LIGAND PHARMACEUTICALS INC, has disclosed 56 transactions in LGND since December 9, 2025: 0 purchases (0 open-market buys) and 20 sales, worth about $18.0M at the reported prices. The latest was filed August 14, 2026, 2 days after the trade; 4 filings were late against the 2-business-day Form 4 deadline.
Trading in charts
Trade timeline
When does this person trade, how big, and in which direction? Every trade in the last 12 months.
In the last 12 months Espinoza Octavio made no purchases and 20 sales worth $16M, plus 36 other transactions. Dot size is the dollar amount.
Portfolio mix
Which stocks does this person trade most? Tile size is dollars traded, all time on record.
Espinoza Octavio has traded 1 stock on record; the largest by dollars is LGND.
Reporting lag
Does this person report on time? One bar per filing against the Form 4 deadline.
3 of 11 filings on record were reported after the Form 4 deadline (two business days, counted here as 4 calendar days).
What kind of transactions
Most Form 4 rows are pay arriving or tax being withheld, not a decision to buy or sell. Only code P is an open-market purchase and code S an open-market sale. What each code means: Form 4 transaction codes.
| Code | Meaning | Rows | Shares | Value |
|---|---|---|---|---|
| M | Option exercise or conversion | 30 | 80,472 | $2.4M |
| S | Open-market sale | 14 | 49,925 | $13.0M |
| F | Shares withheld for tax | 6 | 13,625 | $2.5M |
| A | Grant or award | 4 | 44,660 | — |
| J | Other acquisition or disposal | 2 | 25 | $3,497 |
| Year | Rows | Bought | Sold |
|---|---|---|---|
| 2026 | 43 | 0 | 18 · $14.9M |
| 2025 | 13 | 0 | 2 · $684K |
Transactions
| Security | Side | Trade date | Disclosed | Lag | Shares | Price | Value | Flags | Source | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 2,074 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 3,348 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 16,179 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 7,171 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 2,869 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Sell S | August 12, 2026 | August 14, 2026 | 2d | 31,641 | $292 | $9.2M | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 3,348 | $69 | $230K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 7,171 | $57 | $410K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 2,869 | $56 | $160K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 2,074 | $70 | $145K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | August 12, 2026 | August 14, 2026 | 2d | 16,179 | $53 | $855K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Other J | June 30, 2026 | July 6, 2026 | 6d | 17 | $161 | $2,732 | late | Form 4 ↗ | |
| LGND | Option / conversion M | May 27, 2026 | May 28, 2026 | 1d | 764 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | May 27, 2026 | May 28, 2026 | 1d | 972 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | May 27, 2026 | May 28, 2026 | 1d | 972 | $53 | $51K | Form 4 ↗ | ||
| LGND | Option / conversion M | May 27, 2026 | May 28, 2026 | 1d | 764 | $64 | $49K | Form 4 ↗ | ||
| LGND | Other A | March 2, 2026 | March 27, 2026 | 25d | 23,527 | — | — | latederivative | Form 4 ↗ | |
| LGND | Other A | March 2, 2026 | March 27, 2026 | 25d | 4,933 | — | — | late | Form 4 ↗ | |
| LGND | Option / conversion M | March 11, 2026 | March 13, 2026 | 2d | 2,405 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Sell S | March 11, 2026 | March 13, 2026 | 2d | 3,057 | $225 | $688K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | March 11, 2026 | March 13, 2026 | 2d | 2,405 | $93 | $223K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | March 4, 2026 | March 6, 2026 | 2d | 466 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Option / conversion M | March 4, 2026 | March 6, 2026 | 2d | 1,607 | — | — | 10b5-1 planderivative | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 3,413 | $209 | $713K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 2,457 | $208 | $511K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 1,588 | $207 | $329K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 1,457 | $206 | $300K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 743 | $205 | $152K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 668 | $204 | $136K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 697 | $203 | $141K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 950 | $202 | $192K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 698 | $201 | $140K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 53 | $200 | $11K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell S | March 4, 2026 | March 6, 2026 | 2d | 699 | $199 | $139K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | March 4, 2026 | March 6, 2026 | 2d | 466 | $81 | $38K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Option / conversion M | March 4, 2026 | March 6, 2026 | 2d | 1,607 | $58 | $94K | 10b5-1 plan | Form 4 ↗ | |
| LGND | Sell F | February 15, 2026 | February 18, 2026 | 3d | 1,270 | $184 | $233K | Form 4 ↗ | ||
| LGND | Sell F | February 15, 2026 | February 18, 2026 | 3d | 1,223 | $184 | $225K | Form 4 ↗ | ||
| LGND | Sell F | February 15, 2026 | February 18, 2026 | 3d | 1,026 | $184 | $189K | Form 4 ↗ | ||
| LGND | Sell F | February 14, 2026 | February 18, 2026 | 4d | 4,483 | $184 | $824K | Form 4 ↗ | ||
| LGND | Other A | February 14, 2026 | February 18, 2026 | 4d | 8,810 | — | — | Form 4 ↗ | ||
| LGND | Sell F | February 14, 2026 | February 18, 2026 | 4d | 3,761 | $184 | $691K | Form 4 ↗ | ||
| LGND | Other A | February 14, 2026 | February 18, 2026 | 4d | 7,390 | — | — | Form 4 ↗ | ||
| LGND | Other J | December 31, 2025 | January 6, 2026 | 6d | 8 | $96 | $765 | late | Form 4 ↗ | |
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 181 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 652 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 285 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 69 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 1,194 | — | — | derivative | Form 4 ↗ | |
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 181 | $103 | $19K | Form 4 ↗ | ||
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 652 | $93 | $60K | Form 4 ↗ | ||
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 285 | $64 | $18K | Form 4 ↗ | ||
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 69 | $57 | $3,948 | Form 4 ↗ | ||
| LGND | Option / conversion M | December 16, 2025 | December 18, 2025 | 2d | 1,194 | $53 | $63K | Form 4 ↗ | ||
| LGND | Sell S | December 12, 2025 | December 16, 2025 | 4d | 1,804 | $188 | $340K | Form 4 ↗ | ||
| LGND | Sell F | December 5, 2025 | December 9, 2025 | 4d | 1,862 | $185 | $344K | Form 4 ↗ |
Filings
| Filed | Form | Accession | Rows | Status | Source |
|---|---|---|---|---|---|
| August 14, 2026 | Form 4 | 0002001011-26-000115 | 11 | published | EDGAR ↗ |
| July 6, 2026 | Form 4 | 0002001011-26-000107 | 1 | published | EDGAR ↗ |
| May 28, 2026 | Form 4 | 0002001011-26-000071 | 4 | published | EDGAR ↗ |
| March 27, 2026 | Form 4 | 0002001011-26-000035 | 2 | published | EDGAR ↗ |
| March 13, 2026 | Form 4 | 0002001011-26-000026 | 3 | published | EDGAR ↗ |
| March 6, 2026 | Form 4 | 0002001011-26-000023 | 15 | published | EDGAR ↗ |
| February 18, 2026 | Form 4 | 0002001011-26-000012 | 7 | published | EDGAR ↗ |
| January 6, 2026 | Form 4 | 0002001011-26-000003 | 1 | published | EDGAR ↗ |
| December 18, 2025 | Form 4 | 0002001011-25-000127 | 10 | published | EDGAR ↗ |
| December 16, 2025 | Form 4 | 0002001011-25-000125 | 1 | published | EDGAR ↗ |
| December 9, 2025 | Form 4 | 0002001011-25-000123 | 1 | published | EDGAR ↗ |
Other insiders at LIGAND PHARMACEUTICALS INC
- Reardon Andrew CLO & Secretary 84 rows
- KOZARICH JOHN W Director 49 rows
- LAMATTINA JOHN L Director 15 rows
- Davis Todd C Chief Executive Officer 13 rows
- Haas Jason Director 11 rows
- Sabba Stephen L Director 9 rows
- Gray Nancy Ryan Director 8 rows
- Aryeh Jason Director 6 rows
- Zimmermann Martine Director 5 rows
Everyone on file, with contracts and lobbying under the company's name: LIGAND PHARMACEUTICALS INC.
Guides for this page
- What is SEC Form 4? Who files: officers, directors and owners of more than 10% of a class of the company's shares.
- Form 4 transaction codes P = purchase. S = sale. These are the two market trades.
- Insider buying vs insider selling Selling outweighs buying by a wide margin in normal times.
- Rule 10b5-1 trading plans The plan must be set up when the insider has no important non-public information.
- Options and derivatives on Form 4 Table I = shares. Table II = options and other derivatives.
Sources and method
| Source | Filings | Rows | First filed | Newest filed | Read the originals |
|---|---|---|---|---|---|
| SEC EDGAR, Form 4 | 11 | 56 | December 9, 2025 | August 14, 2026 | Form 4 list on EDGAR |
Site built October 27, 2026. Every row in the tables above links to its own filing. To quote a figure, use the Cite button at the top of the page; see how to cite and reuse.
Every row comes from the reporting owner's Form 4 as filed with the SEC (EDGAR ownership XML), read daily. "Value" is shares × the reported price; code P is an open-market purchase, S a sale, M an option exercise, A a grant. The lag is the filing date minus the trade date; Form 4 is due within two business days. Amendments (4/A) are not merged. Details on the methodology page; report an error on corrections.
Not investment advice. Figures are public disclosures shown as filed; they may lag the trade and may be amended later. No recommendation is made or implied.