Lipocine Inc.
LPCNHealthcare|Biotechnology|US
$1.57
+0.04 (+2.61%)
DCF Value
$0.67
Tangible Book / Share
$2.57
Cash / Share
$2.60
Ownership Breakdown
95.0%
Float
8.2M
Shares Outstanding
7.8M
Float Shares
Major Holders (6)
Combined: 51.8%
Holders of 5%+ from their latest Schedule 13D/13G filing in the last two years. Percentages are as of each filing date.
| Holder | Type | % of Class | Shares | Filed | Filing |
|---|---|---|---|---|---|
| William Blank | HC, IN | 9.80% | 810,000 | Aug 14, 2026 | 13D/G |
| Squadron Master Fund LP | Partnership | 9.80% | 810,000 | Aug 14, 2026 | 13D/G |
| Squadron Capital Management LLC | IA, HC | 9.80% | 810,000 | Aug 14, 2026 | 13D/G |
| Matthew Sesterhenn | HC, IN | 9.80% | 810,000 | Aug 14, 2026 | 13D/G |
| Ikarian Capital, LLC | Investment adviser | 6.30% | 508,556 | May 15, 2026 | 13D/G |
| Neil Shahrestani | HC, IN | 6.30% | 508,556 | May 15, 2026 | 13D/G |
Insider Trades (100)
Last 4 quarters: 365,056 acquired · 0 disposed
| Insider | Position | Date | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|---|
| Higuchi John W. | director | Sep 30, 2026 | BUY | 15,970 | $2.23 | $35.6K | Form 4 |
| Higuchi John W. | director | Sep 29, 2026 | BUY | 9,037 | $2.15 | $19.4K | Form 4 |
| Higuchi John W. | director | Sep 28, 2026 | BUY | 12,561 | $2.16 | $27.1K | Form 4 |
| Grissinger Michael | director | Aug 3, 2026 | AWARD | 2,000 | $2.11 | $4.2K | Form 4 |
| Grissinger Michael | director: | Aug 3, 2026 | OTHER | 0 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Jun 29, 2026 | AWARD | 52,781 | $2.49 | $131.4K | Form 4 |
| Higuchi John W. | director | Jun 3, 2026 | AWARD | 1,764 | $2.19 | $3.9K | Form 4 |
| Jene Jill M. | director | Jun 3, 2026 | AWARD | 1,764 | $2.19 | $3.9K | Form 4 |
| Ono Richard Dana | director | Jun 3, 2026 | AWARD | 1,764 | $2.19 | $3.9K | Form 4 |
| Higuchi John W. | director | Apr 7, 2026 | BUY | 40,000 | $2.03 | $81.2K | Form 4 |
| Higuchi John W. | director | Apr 6, 2026 | BUY | 123,000 | $2.05 | $252.1K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Apr 6, 2026 | BUY | 25,000 | $2.03 | $50.7K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Apr 2, 2026 | BUY | 25,000 | $2.02 | $50.5K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Jan 2, 2026 | AWARD | 25,000 | $8.00 | $200.0K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 18, 2025 | AWARD | 8,629 | $4.20 | $36.2K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Dec 18, 2025 | AWARD | 20,786 | $4.20 | $87.3K | Form 4 |
| Ono Richard Dana | director | Jun 4, 2025 | AWARD | 1,764 | $3.20 | $5.6K | Form 4 |
| Jene Jill M. | director | Jun 4, 2025 | AWARD | 1,764 | $3.20 | $5.6K | Form 4 |
| Papapetropoulos Spyros | director | Jun 4, 2025 | AWARD | 1,764 | $3.20 | $5.6K | Form 4 |
| Fink Jeffrey Arvin | director | Jun 4, 2025 | AWARD | 1,764 | $3.20 | $5.6K | Form 4 |
| Higuchi John W. | director | Jun 4, 2025 | AWARD | 1,764 | $3.20 | $5.6K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 23, 2024 | AWARD | 10,320 | $4.80 | $49.5K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Jan 2, 2025 | AWARD | 16,371 | $4.86 | $79.6K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 23, 2024 | AWARD | 26,691 | $4.80 | $128.1K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Dec 23, 2024 | AWARD | 5,943 | $4.80 | $28.5K | Form 4 |
| Papapetropoulos Spyros | director | Jun 5, 2024 | AWARD | 1,764 | $7.05 | $12.4K | Form 4 |
| Ono Richard Dana | director | Jun 5, 2024 | AWARD | 1,764 | $7.05 | $12.4K | Form 4 |
| Jene Jill M. | director | Jun 5, 2024 | AWARD | 1,764 | $7.05 | $12.4K | Form 4 |
| Higuchi John W. | director | Jun 5, 2024 | AWARD | 1,764 | $7.05 | $12.4K | Form 4 |
| Fink Jeffrey Arvin | director | Jun 5, 2024 | AWARD | 1,764 | $7.05 | $12.4K | Form 4 |
| Patel Mahesh V. | director, officer: CEO and President | Mar 8, 2024 | AWARD | 4,893 | — | — | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Mar 8, 2024 | AWARD | 991 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: CEO and President | May 25, 2023 | BUY | 8,706 | $5.03 | $43.8K | Form 4 |
| Papapetropoulos Spyros | director | May 10, 2023 | AWARD | 30,000 | $0.27 | $8.0K | Form 4 |
| Higuchi John W. | director | May 10, 2023 | AWARD | 30,000 | $0.27 | $8.0K | Form 4 |
| Ono Richard Dana | director | May 10, 2023 | AWARD | 30,000 | $0.27 | $8.0K | Form 4 |
| Jene Jill M. | director | May 10, 2023 | AWARD | 30,000 | $0.27 | $8.0K | Form 4 |
| Fink Jeffrey Arvin | director | May 10, 2023 | AWARD | 30,000 | $0.27 | $8.0K | Form 4 |
| Patel Mahesh V. | director, officer: CEO and President | Mar 24, 2023 | BUY | 150,000 | $0.32 | $48.0K | Form 4 |
| Ono Richard Dana | director | Mar 20, 2023 | BUY | 4,000 | $0.34 | $1.4K | Form 4 |
| Patel Mahesh V. | director, officer: CEO and President | Mar 17, 2023 | BUY | 50,000 | $0.33 | $16.5K | Form 4 |
| Patel Mahesh V. | Chief Executive Officer | Jan 3, 2023 | AWARD | 300,000 | $0.41 | $123.0K | Form 4 |
| Patel Mahesh V. | Chief Executive Officer | Dec 22, 2022 | AWARD | 112,500 | $0.41 | $46.1K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Dec 22, 2022 | AWARD | 91,850 | $0.41 | $37.7K | Form 4 |
| Papapetropoulos Spyros | director | Nov 22, 2022 | BUY | 21,739 | $0.47 | $10.2K | Form 4 |
| Patel Mahesh V. | CEO and President | Nov 14, 2022 | BUY | 75,000 | $0.39 | $29.3K | Form 4 |
| Nomikos George | Chief Medical Officer | Nov 1, 2022 | AWARD | 125,000 | $0.41 | $50.8K | Form 4 |
| Nomikos George | Nov 1, 2022 | OTHER | — | — | — | Form 4 | |
| Nomikos George | officer | Nov 1, 2022 | OTHER | 0 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: CEO and President | Sep 27, 2022 | BUY | 100,000 | $0.41 | $41.0K | Form 4 |
| Ono Richard Dana | director: | Jun 8, 2022 | AWARD | 22,000 | $0.92 | $20.2K | Form 4 |
| Higuchi John W. | director: | Jun 8, 2022 | AWARD | 22,000 | $0.92 | $20.2K | Form 4 |
| Papapetropoulos Spyros | director: | Jun 8, 2022 | AWARD | 22,000 | $0.92 | $20.2K | Form 4 |
| Fink Jeffrey Arvin | director: | Jun 8, 2022 | AWARD | 22,000 | $0.92 | $20.2K | Form 4 |
| Jene Jill M. | director: | Jun 8, 2022 | AWARD | 22,000 | $0.92 | $20.2K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | May 17, 2022 | BUY | 12,500 | $0.86 | $10.8K | Form 4 |
| Patel Mahesh V. | CEO and President | May 16, 2022 | BUY | 50,000 | $0.77 | $38.5K | Form 4 |
| Papapetropoulos Spyros | director: | Apr 11, 2022 | AWARD | 10,000 | $1.16 | $11.6K | Form 4 |
| Papapetropoulos Spyros | director: | Apr 11, 2022 | OTHER | 0 | — | — | Form 4 |
| Jene Jill M. | director: | Apr 11, 2022 | AWARD | 10,000 | $1.16 | $11.6K | Form 4 |
| Jene Jill M. | director: | Apr 11, 2022 | OTHER | 0 | — | — | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Dec 15, 2021 | DISPOSED | 46,000 | $1.37 | $63.0K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Dec 4, 2019 | DISPOSED | 5,000 | $1.46 | $7.3K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Oct 22, 2019 | DISPOSED | 15,000 | $1.13 | $16.9K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Dec 7, 2022 | DISPOSED | 46,000 | $1.12 | $51.5K | Form 4 |
| Fogarty Krista | Principal Accounting Officer | Jan 28, 2021 | DISPOSED | 26,000 | $0.46 | $11.9K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Jan 3, 2022 | AWARD | 287,500 | $1.09 | $313.4K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 7, 2021 | AWARD | 125,000 | $1.12 | $140.0K | Form 4 |
| BROWN MORGAN R | Chief Financial Officer | Dec 7, 2021 | AWARD | 176,000 | $1.12 | $197.1K | Form 4 |
| Patel Mahesh V. | director, officer: CEO and President | Nov 18, 2021 | BUY | 25,000 | $1.09 | $27.3K | Form 4 |
| Ono Richard Dana | director | Jun 9, 2021 | AWARD | 22,000 | $1.26 | $27.7K | Form 4 |
| Higuchi John W. | director | Jun 9, 2021 | AWARD | 22,000 | $1.26 | $27.7K | Form 4 |
| Fink Jeffrey Arvin | director | Jun 9, 2021 | AWARD | 22,000 | $1.26 | $27.7K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Jan 4, 2021 | AWARD | 275,000 | $1.43 | $393.3K | Form 4 |
| Higuchi John W. | director | Dec 31, 2020 | SELL | 1,700 | $1.34 | $2.3K | Form 4 |
| Higuchi John W. | director | Dec 31, 2020 | SELL | 5,000 | $1.35 | $6.8K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 28, 2020 | DISPOSED | 275,000 | $1.37 | $376.8K | Form 4 |
| Higuchi John W. | director | Dec 16, 2020 | OPTION EX. | 3,750 | — | — | Form 4 |
| Higuchi John W. | director | Dec 16, 2020 | OPTION EX. | 3,750 | — | — | Form 4 |
| Ono Richard Dana | director | Dec 16, 2020 | OPTION EX. | 5,250 | — | — | Form 4 |
| Ono Richard Dana | director | Dec 16, 2020 | OPTION EX. | 5,250 | — | — | Form 4 |
| Fink Jeffrey Arvin | director | Dec 16, 2020 | OPTION EX. | 5,625 | — | — | Form 4 |
| Fink Jeffrey Arvin | director | Dec 16, 2020 | OPTION EX. | 5,625 | — | — | Form 4 |
| HILL STEPHEN A | director | Dec 16, 2020 | OPTION EX. | 7,500 | — | — | Form 4 |
| HILL STEPHEN A | director | Dec 16, 2020 | OPTION EX. | 7,500 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 16, 2020 | OPTION EX. | 45,000 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 16, 2020 | SELL | 15,000 | $1.35 | $20.3K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 15, 2020 | AWARD | 375,000 | $1.37 | $513.8K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 16, 2020 | OPTION EX. | 45,000 | — | — | Form 4 |
| BROWN MORGAN R | EVP and CFO | Dec 16, 2020 | OPTION EX. | 28,125 | — | — | Form 4 |
| BROWN MORGAN R | EVP and CFO | Dec 16, 2020 | SELL | 8,437 | $1.35 | $11.4K | Form 4 |
| BROWN MORGAN R | EVP and CFO | Dec 15, 2020 | AWARD | 160,000 | $1.37 | $219.2K | Form 4 |
| BROWN MORGAN R | EVP and CFO | Dec 16, 2020 | OPTION EX. | 28,125 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 5, 2020 | OPTION EX. | 122,978 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 4, 2020 | OPTION EX. | 145,000 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 4, 2020 | SELL | 43,500 | $1.57 | $68.1K | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 4, 2020 | OPTION EX. | 145,000 | — | — | Form 4 |
| Patel Mahesh V. | director, officer: Chief Executive Officer | Dec 5, 2020 | OPTION EX. | 122,978 | — | — | Form 4 |
| BROWN MORGAN R | Chief Financial Officer | Dec 5, 2020 | OPTION EX. | 70,754 | — | — | Form 4 |
| BROWN MORGAN R | Chief Financial Officer | Dec 4, 2020 | OPTION EX. | 57,500 | — | — | Form 4 |