Catalyst Pharmaceuticals (CPRX) chair reports gifts of company stock to family trusts
Rhea-AI Filing Summary
Catalyst Pharmaceuticals, Inc. (CPRX) chairman of the board and director Patrick J. McEnany reported stock gifts to family trusts. On 12/01/2025, he made bona-fide gifts of common stock, par value $0.001 per share, recorded at a price of $0 per share, classified under transaction code "G" for gifts. After the reported transactions, he directly beneficially owned 4,148,477 shares of Catalyst Pharmaceuticals common stock. The explanation notes that the gifts were to irrevocable trusts for family members who do not share his household, and he is not a trustee and has no direct or indirect influence over the trusts' investment decisions.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Catalyst Pharmaceuticals (CPRX) report in this Form 4?
The Form 4 reports that chairman and director Patrick J. McEnany made bona-fide gifts of common stock of Catalyst Pharmaceuticals, recorded as transactions with code "G" at a price of $0 per share.
When did the reported Catalyst Pharmaceuticals (CPRX) stock gifts occur?
The earliest transaction date reported is 12/01/2025, which is when the gifts of Catalyst Pharmaceuticals common stock took place.
How many Catalyst Pharmaceuticals (CPRX) shares does the reporting person own after the gifts?
Following the reported gift transactions, Patrick J. McEnany directly beneficially owned 4,148,477 shares of Catalyst Pharmaceuticals common stock.
Who received the gifted Catalyst Pharmaceuticals (CPRX) shares?
The explanation states that the transactions were bona-fide gifts to irrevocable trusts for the benefit of family members of the reporting person. The beneficiaries do not share a household with him.
Does the reporting person control investment decisions for the trusts holding CPRX shares?
No. It is specifically noted that the reporting person is not a trustee of any of the trusts and has no direct or indirect influence over their investment decisions.
What is the reporting person’s relationship to Catalyst Pharmaceuticals (CPRX)?
The reporting person is identified as a Director and Chairman of the Board of Directors of Catalyst Pharmaceuticals, Inc.