PCRX (NASDAQ: PCRX) insider sale notice lists 3 share lots
Rhea-AI Filing Summary
PCRX files a Form 144 reporting proposed sale of Common Stock. The filing lists prior acquisitions of Common Stock: 209 shares purchased under an ESPP on 12/31/2021, 2,000 shares acquired on exercise of stock options on 05/23/2022, and 1,052 shares from restricted stock vesting on 06/03/2022. The notice identifies Fidelity Brokerage Services LLC as the broker.
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Insights
Form 144 notifies the SEC and broker of an affiliate's intent to sell registered securities.
Form 144 is a regulatory notice required when affiliates propose to sell restricted or control securities in reliance on certain exemptions. The filing here lists acquisition dates and lot sizes: 209, 2,000, and 1,052 shares with corresponding dates.
Cash‑flow treatment and proposed sale timing are not stated in the excerpt; subsequent trade execution and sale methods will be reflected in later broker records or resale filings.