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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 129,000 | $1.596 | $206K |
Footnotes (1)
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