Grace Therapeutics CEO buys 100K shares at $2.14
Grace Therapeutics’ CEO and director increased his direct common stock holdings through a 100,000-share open-market purchase.
Rhea-AI Filing Summary
Grace Therapeutics, Inc. (GRCE) reported that Chief Executive Officer and director Prashant Kohli purchased 100,000 shares of common stock on September 9, 2026 in an open-market or private transaction at $2.14 per share. Following this purchase, he directly holds 121,357 shares of Grace Therapeutics common stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Kohli Prashant
Role
Chief Executive Officer
Bought
100,000 shs ($214K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $2.14 | $214K |
Holdings After Transaction:
Common Stock — 121,357 shares (Direct)
Key Figures
Shares purchased: 100,000 shares
Purchase price: $2.14 per share
Shares held after transaction: 121,357 shares
3 metrics
Shares purchased
100,000 shares
Common stock acquired by CEO Prashant Kohli on September 9, 2026
Purchase price
$2.14 per share
Open-market or private purchase of Grace Therapeutics common stock
Shares held after transaction
121,357 shares
Direct holdings of CEO Prashant Kohli following the reported purchase
Key Terms
Open market or private transaction, Rule 10b5-1, Common Stock
3 terms
Open market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Common Stock financial
"purchased 100,000 shares of common stock on September 9, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GRCE report in this Form 4?
Grace Therapeutics reported that CEO and director Prashant Kohli purchased 100,000 shares of its common stock on September 9, 2026 in an open-market or private transaction at $2.14 per share.
Was the GRCE CEO’s stock purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so the reported 100,000-share purchase was not disclosed as being made under a Rule 10b5-1 trading plan.
Is this GRCE Form 4 transaction a purchase or a sale?
This Form 4 reports a purchase transaction. CEO Prashant Kohli acquired 100,000 shares of Grace Therapeutics common stock and now directly holds 121,357 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.