Processa Pharmaceuticals (PCSA) director buys 2,531 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Processa Pharmaceuticals, Inc. director and officer David Young bought additional common stock in an open-market transaction. On June 30, 2026, he purchased 2,531 shares at $1.93 per share, bringing his direct holdings to 21,729 shares of common stock.
He also reports indirect ownership of common stock through several entities as of that date: 1,009 shares held by CorLyst, LLC, 432 shares held by Family Entities, and 1,242 shares held by the Young-Plaisance Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,531 shares ($4,885)
Net Buy
4 txns
Insider
Young David
Role
Pres. Research & Development
Bought
2,531 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,531 | $1.93 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,729 shares (Direct, null);
Common Stock — 1,242 shares (Indirect, By Young-Plaisance Revocable Trust)
Footnotes (1)
Key Figures
Open-market purchase shares: 2,531 shares
Purchase price: $1.93 per share
Direct holdings after transaction: 21,729 shares
+3 more
6 metrics
Open-market purchase shares
2,531 shares
Common Stock bought on June 30, 2026
Purchase price
$1.93 per share
Price for June 30, 2026 open-market buy
Direct holdings after transaction
21,729 shares
Common Stock held directly after June 30, 2026
Indirect holdings via CorLyst, LLC
1,009 shares
Common Stock reported as indirectly owned
Indirect holdings via Family Entities
432 shares
Common Stock reported as indirectly owned
Indirect holdings via Young-Plaisance Revocable Trust
1,242 shares
Common Stock reported as indirectly owned
Key Terms
open-market purchase, indirect ownership, Common Stock, Form 4
4 terms
open-market purchase financial
"He purchased 2,531 shares at $1.93 per share in an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"He also reports indirect ownership of common stock through several entities as of that date."
Common Stock financial
"He purchased 2,531 shares at $1.93 per share, bringing his direct holdings to 21,729 shares of common stock."
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.
Form 4 regulatory
"What did David Young report in his latest Form 4 for PCSA?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did David Young report in his latest Form 4 for PCSA?
David Young reported buying 2,531 shares of Processa Pharmaceuticals common stock at $1.93 per share, increasing his direct holdings to 21,729 shares as of June 30, 2026.
What indirect Processa Pharmaceuticals holdings are associated with David Young?
Indirect holdings include 1,009 shares held by CorLyst, LLC, 432 shares held by Family Entities, and 1,242 shares held by the Young-Plaisance Revocable Trust, all reported as of June 30, 2026.
Is David Young’s latest PCSA Form 4 a buy or sell transaction?
It reflects a buy transaction. David Young executed an open-market purchase of 2,531 shares of Processa Pharmaceuticals common stock at $1.93 per share on June 30, 2026.