Insider Trading April 6, 2026

NeonC/NeOnc President Buys $153,398 in Stock as Company Advances Financing and Clinical Timeline

Amir F Heshmatpour adds 25,000 shares amid recent share-price weakness; company secures private placement and announces legal settlement, new accounting chief, and upcoming Phase 1 data

By Ajmal Hussain NTHI
NeonC/NeOnc President Buys $153,398 in Stock as Company Advances Financing and Clinical Timeline
NTHI

Amir F Heshmatpour, president of NeonC Technologies Holdings, Inc. (NASDAQ:NTHI), purchased 25,000 shares of the company's common stock in two transactions totaling $153,398, according to a Form 4 filing. The purchases occurred on April 2 and April 6, 2026, while the stock traded below recent highs. Separately, the company disclosed a private placement expected to raise about $16 million, a legal settlement, a new chief accounting officer appointment, and plans to present Phase 1 clinical data on March 4, 2026.

Key Points

  • Amir F Heshmatpour purchased 25,000 shares of NeonC Technologies for $153,398 in two transactions on April 2 and April 6, 2026.
  • The company announced a private placement expected to raise about $16 million via up to 2,222,222 shares with five-year warrants priced at $7.20 and an exercise price of $9.00.
  • NeOnc resolved a legal dispute with Fox Infused, LLC with a settlement payment of $737,920.77, appointed David Choi as Chief Accounting Officer, and will present Phase 1 NEO212-01 clinical trial data on March 4, 2026.

Summary

Amir F Heshmatpour, who serves as President of NeonC Technologies Holdings, Inc. (NASDAQ:NTHI), reported direct purchases of the company's common stock in filings with the Securities and Exchange Commission. The Form 4 shows a combined 25,000-share acquisition for $153,398 in two transactions executed on April 2 and April 6, 2026. The insider buying arrives as the stock has recently weakened from its 52-week high, and the company has announced several operational and financial developments, including a private placement, a legal settlement, a senior accounting hire, and an upcoming clinical data presentation.

Insider transactions and holdings

The SEC filing details that Heshmatpour bought 20,000 shares on April 2, 2026, at per-share prices ranging from $6.0219 to $6.1579. He later acquired 5,000 shares on April 6, 2026, at $6.32 per share. The aggregate value of these transactions is $153,398. Following these purchases, Heshmatpour is reported to directly own 3,017,000 shares of NeonC Technologies.

The filing also lists indirect holdings attributed to entities associated with Heshmatpour: HCWG LLC owns 256,120 shares, KIG LLC holds 550,000 shares, and AFH Holdings & Advisory, LLC holds 3,714,020 shares.

Share-price context and valuation signals

The insider buys coincide with a recent pullback in the company's stock price. Over the past week the shares have declined by 18% and were trading at $5.74, which is substantially lower than the 52-week high of $12.99. An InvestingPro analysis cited in company commentary indicates the stock appears undervalued relative to its Fair Value assessment and notes that the relative strength index, or RSI, suggests the stock is in oversold territory. The company carries a market capitalization of $141.65 million, according to the same source, and the RSI observation was one of 13 InvestingPro tips noted for subscribers.

Corporate developments

In additional corporate disclosures, NeOnc Technologies Holdings, Inc. said it has raised approximately $16 million through a private placement agreement. The planned offering contemplates the sale of up to 2,222,222 shares of common stock paired with five-year warrants, with a purchase price of $7.20 per share and an exercise price on the warrants of $9.00 per share.

The company also resolved a legal dispute with Fox Infused, LLC, agreeing to a settlement payment of $737,920.77. The settlement follows termination of a prior agreement between the two parties, as disclosed by the company.

Leadership and clinical timeline

NeOnc Technologies announced the appointment of David Choi as Chief Accounting Officer. Choi will oversee the company’s accounting and financial reporting functions. Separately, the company is scheduled to present Phase 1 trial data on March 4, 2026, related to its NEO212-01 clinical trial for central nervous system malignancies. The March presentation will address safety, toxicity, and pharmacokinetic findings and will describe planned regulatory steps following the Phase 1 results.


Contextual note

These disclosures - insider purchases, the private placement, settlement payment, a finance leadership appointment, and the upcoming clinical presentation - together represent a cluster of financial, legal, personnel, and clinical updates that shareholders and market participants may weigh when assessing NeonC/NeOnc’s near-term outlook.

Risks

  • Share-price volatility: NTHI fell 18% over the past week and was trading at $5.74, well below its 52-week high of $12.99 - this affects equity investors and market sentiment.
  • Financing and dilution risk: The private placement offering up to 2,222,222 shares with warrants at $7.20 could dilute existing shareholders depending on uptake and warrant exercise - relevant to equity and capital markets.
  • Legal liabilities and contingent impacts: Although a settlement was reached with Fox Infused, LLC for $737,920.77, legal disputes and their resolutions can affect cash flows and corporate focus - relevant to company financials and legal risk exposure.

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