[Form 4] Processa Pharmaceuticals, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Processa Pharmaceuticals, Inc. Chief Executive Officer George K. Ng bought additional company stock. On March 31, 2026, he made an open-market purchase of 2,136 shares of Processa common stock at $2.535 per share.
Following this transaction, Ng directly holds 3,649 common shares. He also has indirect ownership of 3,488 shares through an account labeled "George Ng IRRA FOB George Ng" and 800 shares through the "Ng Cha Family Trust," giving him a larger combined economic stake in PCSA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,136 shares ($5,415)
Net Buy
3 txns
Insider
Ng George K
Role
Chief Executive Officer
Bought
2,136 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,136 | $2.535 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,649 shares (Direct);
Common Stock — 3,488 shares (Indirect, George Ng IRRA FOB George Ng)
Footnotes (1)
Key Figures
Shares purchased: 2,136 shares
Purchase price: $2.535 per share
Direct holdings after purchase: 3,649 shares
+2 more
5 metrics
Shares purchased
2,136 shares
Open-market purchase of Common Stock on March 31, 2026 at $2.535 per share
Purchase price
$2.535 per share
Price paid for 2,136 Processa Pharmaceuticals common shares on March 31, 2026
Direct holdings after purchase
3,649 shares
Common Stock held directly by George K. Ng after March 31, 2026 transaction
Indirect holdings – IRRA account
3,488 shares
Common Stock held indirectly under "George Ng IRRA FOB George Ng" as of March 31, 2026
Indirect holdings – family trust
800 shares
Common Stock held indirectly through "Ng Cha Family Trust" as of March 31, 2026
Key Terms
open-market purchase, Common Stock, indirect ownership, Form 4
4 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.
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.
indirect ownership financial
""ownership_type": "indirect""
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.