Processa (NASDAQ: PCSA) CEO adds 2,129 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Processa Pharmaceuticals, Inc. director and Chief Executive Officer George K. Ng reported an open-market purchase of 2,129 shares of Common Stock at $2.57 per share on May 29, 2026. Following this transaction, his direct holdings increased to 9,970 Common Stock shares.
The filing also lists indirect ownership positions of 800 Common Stock shares held through the Ng Cha Family Trust and 3,488 Common Stock shares held through an account labeled George Ng IRRA FOB George Ng, reflecting additional indirect exposure to Processa shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,129 shares ($5,472)
Net Buy
3 txns
Insider
Ng George K
Role
Chief Executive Officer
Bought
2,129 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,129 | $2.57 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,970 shares (Direct, null);
Common Stock — 3,488 shares (Indirect, George Ng IRRA FOB George Ng)
Footnotes (1)
Key Figures
Shares purchased: 2,129 shares
Purchase price: $2.57 per share
Direct holdings after transaction: 9,970 shares
+2 more
5 metrics
Shares purchased
2,129 shares
Open-market purchase on May 29, 2026
Purchase price
$2.57 per share
Price for 2,129 Common Stock shares
Direct holdings after transaction
9,970 shares
Common Stock directly owned after purchase
Indirect holdings via Ng Cha Family Trust
800 shares
Common Stock held indirectly
Indirect holdings via IRRA account
3,488 shares
Common Stock held indirectly in George Ng IRRA FOB George Ng
Key Terms
open-market purchase, indirect ownership, Common Stock, Form 4, +1 more
5 terms
open-market purchase financial
"transaction_action": "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
""direct_or_indirect": "I", "ownership_type": "indirect""
Common Stock financial
""security_title": "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
"INSIDER FILING DATA (Form 4)"
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.
net-buy financial
""netBuySellDirection": "net-buy""
FAQ
What insider transaction did Processa Pharmaceuticals (PCSA) report for George K. Ng?
Processa’s CEO George K. Ng reported buying 2,129 shares of Common Stock in an open-market transaction. The shares were purchased on May 29, 2026 at a price of $2.57 per share, increasing his directly held stake in the company.
What indirect Processa (PCSA) holdings are associated with George K. Ng?
The Form 4 lists 800 Processa Common Stock shares held indirectly through the Ng Cha Family Trust and 3,488 shares held indirectly through an account labeled George Ng IRRA FOB George Ng. Both positions are classified as indirect ownership interests linked to the reporting person.
Does the Processa (PCSA) Form 4 filing show any insider sales by George K. Ng?
The Form 4 data show a net-buy pattern for George K. Ng, with one open-market purchase of 2,129 shares and no reported sales. Additional entries reflect indirect holdings with unknown transaction codes, but no lines are labeled as sale transactions in this filing.