Latch (LTCH) CEO David Lillis Buys 968,179 Shares
LTCH CEO David Lillis made a significant share purchase, reflecting insider confidence.
Reviewed by automated data checks against the source filing. How we make and check alerts
David Lillis, Chief Executive Officer at Latch, Inc. ($LTCH), bought 968,179 shares on June 12, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LTCH is down 10.0% after 1 week, down 5.0% after 1 month and down 20.0% to date (from the $0.20 close on Jun 12, 2026).
LTCH
Latch, Inc.
Key Points
- David Lillis, CEO of LTCH, bought 968,179 shares on June 12, 2026, at a price of $0.00 per share.
- LTCH shares are trading at $0.18, with other insiders also making moves on the same date.
- Peer funds like Parkwood LLC hold 998,286 shares, while Ancora Advisors LLC exited its position.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Latch, Inc. alert may contain errors. Disclosures
David Lillis, the CEO of LTCH, made a notable move by purchasing 968,179 shares of the company on June 12, 2026. The transaction did not involve any monetary value per share, indicating a possible allocation or award of shares.
Insider Buying and Selling at Latch, Inc.
On June 12, 2026, David Lillis, LTCH's CEO, bought 968,179 shares. On the same day, he also sold 257,816 shares at $0.20 each. Another insider, Ryan Salmons, the Chief Product & Technology Officer, acquired 500,000 shares at no cost and sold 59,895 shares at $0.20 per share. Priyen Patel, the Chief Strategy & Legal Officer, sold 3,447 shares at $0.14 on June 3, 2026.
Other Institutional Activity in LTCH
Parkwood LLC maintains its position with 998,286 shares valued at about $210,000. FNY Investment Advisers, LLC holds 10,001 shares worth approximately $2,000. MassMutual Private Wealth & Trust, FSB has a smaller stake of 537 shares valued at $113. Meanwhile, Ancora Advisors LLC has exited its position by selling its last 10 shares.
Latch, Inc. Stock Up 9.1%
LTCH shares are currently trading at $0.18. Despite the recent insider activity, the stock's current trading price reflects its market conditions and investor sentiment.
Bottom Line
David Lillis's significant share purchase in LTCH suggests confidence in the company's future prospects. While insider transactions can offer insights into management's view of the company's future, they are just one piece of the investment puzzle. Investors often track these moves to gauge potential shifts in a company's direction or performance.
Related Filing Alerts
Source: David Lillis's Form 4 filing on $LTCH (Jun 12, 2026). Find the original filing: LTCH Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts