PLX Form 4: Director Aharon Schwartz Purchases 129K Shares at $1.596
Rhea-AI Filing Summary
Protalix BioTherapeutics director Aharon Schwartz purchased 129,000 shares of Protalix (PLX) common stock on 06/10/2025 at a weighted average price of $1.596 per share, with execution prices ranging from $1.575 to $1.60 across multiple trades. Following the reported purchase, the reporting person beneficially owned 303,000 shares.
The filing identifies Mr. Schwartz as a director and shows the transaction coded as a purchase. The report notes the transaction was executed in multiple trades and that the reporting person will provide full trade-by-trade details upon request to the SEC staff, the issuer, or a security holder.
Positive
- Director purchase disclosed: Aharon Schwartz acquired 129,000 shares of PLX common stock.
- Clear pricing and execution transparency: Weighted average price reported as $1.596, with execution range $1.575–$1.60 and an undertaking to provide trade-level details upon request.
- Updated beneficial ownership: Reporting person now beneficially owns 303,000 shares.
Negative
- None.
Insights
Insider purchase increased a director's stake to 303,000 shares; transaction size and price are clearly disclosed.
The disclosure shows a director acquired 129,000 shares at a weighted average of $1.596 per share, executed across multiple trades between $1.575 and $1.60. The report provides concrete share counts before and after the trade and includes an offer to provide trade-level details on request. Without outstanding share count or market-cap context in this filing, the absolute transaction size cannot be judged material, so the immediate market-impact assessment is limited to the clear factual change in beneficial ownership.
Director filing is a routine Section 16 disclosure showing a purchase and updated beneficial ownership.
The Form 4 identifies the reporting person as a director and records a purchase (code P) that raises beneficial ownership to 303,000 shares. The explanatory note documents multiple trades and provides a weighted average price, which supports transparency and compliance with Section 16 reporting requirements. The filing does not indicate any amendment, plan-based transaction, or change in relationship status beyond the director designation.
FAQ
What transaction did Protalix (PLX) director Aharon Schwartz report on the Form 4?
At what price were the PLX shares purchased?
How many PLX shares does the reporting person own after the transaction?
What is the reporting person’s relationship to Protalix?
Was the transaction executed in a single trade or multiple trades?