Processa CEO buys 2,465 shares at $2.22
Processa Pharmaceuticals, Inc. director and Chief Executive Officer George K. Ng reported an open-market purchase of 2,465 shares of Common Stock at $2.22 per share.
Rhea-AI Filing Summary
Processa Pharmaceuticals, Inc. director and Chief Executive Officer George K. Ng reported an open-market purchase of 2,465 shares of Common Stock at $2.22 per share. Following this trade, his directly held Common Stock position increased to 12,435 shares.
Ng also reports indirect ownership of Common Stock, including 800 shares held through the Ng Cha Family Trust and 3,488 shares held through an account labeled George Ng IRRA FOB George Ng.
Positive
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Negative
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Insights
CEO George Ng made a modest open-market share purchase, adding to his direct stake.
The filing shows Processa Pharmaceuticals CEO George K. Ng executed an open-market purchase of 2,465 Common Stock shares at $2.22 per share, a discretionary buy rather than a grant or tax withholding. His directly owned holdings rose to 12,435 shares after the transaction.
The filing also lists indirect holdings of 800 shares via the Ng Cha Family Trust and 3,488 shares through another account, indicating additional exposure beyond his direct position. No derivative positions are reported in this filing, so the current equity exposure is entirely in Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,465 | $2.22 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Key Figures
Key Terms
open-market purchase financial
indirect ownership financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Processa Pharmaceuticals (PCSA) CEO George Ng do in this Form 4?
Does George Ng have indirect holdings of Processa Pharmaceuticals stock?
Is this Processa Pharmaceuticals Form 4 transaction a purchase or a sale?
Are there any derivative securities reported for Processa Pharmaceuticals’ CEO in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.