PharmaCyte Biotech (PMCB) amends Form 4 to cancel option grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
SCHECHTER JONATHAN reported acquisition or exercise transactions in this Form 4 filing.
PharmaCyte Biotech director Jonathan Schechter filed an amended insider report for a stock option (right to buy) entry dated March 31, 2026. A footnote explains that the reported grant was made in error and has been cancelled, leaving 0 options from this grant outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHECHTER JONATHAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Option (Right to Buy) | 0 | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Transaction date: 2026-03-31
Options in transaction: 0.0000
Options after transaction: 0.0000
+1 more
4 metrics
Transaction date
2026-03-31
Date of reported stock option (right to buy) transaction
Options in transaction
0.0000
Stock Option (Right to Buy) shares reported in the Form 4/A entry
Options after transaction
0.0000
Total stock options from this grant following the correction
Derivative transactions reported
1
Number of derivative-type transactions included in this amendment
Key Terms
Stock Option (Right to Buy), Other acquisition or disposition, Form 4/A, restructuring
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
Form 4/A regulatory
"Form type: 4/A (amended insider transaction report)"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
restructuring financial
"restructuringCount indicates 1 restructuring-style transaction"
Restructuring is a deliberate rearrangement of a company’s operations, finances, or ownership—like reorganizing a cluttered house to run more efficiently—often involving cost cuts, asset sales, debt changes, or staff moves. Investors pay attention because restructuring can improve profitability and free up cash, but it can also signal distress, incur one-time costs, or dilute shareholder value; its success affects future earnings and stock performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does PharmaCyte Biotech (PMCB) disclose in Jonathan Schechter’s latest Form 4/A?
The amendment records a corrective entry for a stock option grant dated March 31, 2026. A footnote states the reported grant was made in error and has been cancelled, so no options from this grant remain outstanding after the adjustment.
How many PharmaCyte Biotech (PMCB) options are reported after the corrected grant?
The amended report lists 0.0000 stock options following the transaction. This figure indicates that, after cancelling the mistaken grant identified in the footnote, there are no remaining options associated with this specific grant on Schechter’s reported holdings.
Was the PharmaCyte Biotech (PMCB) Form 4/A transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, so the corrective transaction is not reported as made under a Rule 10b5-1 trading plan. It is presented simply as an amendment cancelling a previously reported, erroneous option grant.
What transaction code and description are used in PharmaCyte Biotech’s (PMCB) Form 4/A for this option grant?
The entry is coded as transaction type J with an “Other acquisition or disposition” description for a derivative security. This reflects a restructuring-style correction, where the erroneous option grant is cancelled rather than a standard market purchase or sale.