Protalix BioTherapeutics director sells 168 PLX shares at $1.87
Protalix BioTherapeutics, Inc. (PLX) reported an insider transaction by a director on a Form 4.
Rhea-AI Filing Summary
Protalix BioTherapeutics, Inc. (PLX) reported an insider transaction by a director on a Form 4. On 11/18/2025, the director sold 168 shares of common stock at $1.87 per share, coded as a sale. Following this transaction, the director reported 0 shares held directly and 7,500 shares held indirectly through a trust.
The filing notes that, to qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued under the company’s 2006 Stock Incentive Plan must be registered in the name of a trustee.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 168 | $1.87 | $314.16 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued under the Amended and Restated Protalix BioTherapeutics, Inc. 2006 Stock Incentive Plan, as amended must be registered in the name of a trustee.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Protalix BioTherapeutics (PLX) report on this Form 4?
The Form 4 reports that a director of Protalix BioTherapeutics sold 168 shares of common stock on 11/18/2025.
What is the relationship of the reporting person to Protalix BioTherapeutics (PLX)?
The reporting person is a director of Protalix BioTherapeutics, as indicated in the relationship section of the Form 4.
Why are some Protalix (PLX) securities registered in the name of a trustee?
The explanation states that to qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued under the company’s 2006 Stock Incentive Plan must be registered in the name of a trustee.
Is this Protalix (PLX) Form 4 filed for one or multiple reporting persons?
The form indicates it is filed by one reporting person, not by a group.
AI-generated analysis. How Rhea-AI works. Not financial advice.