Precipio (PRPO) COO fixes Form 4 error on 1,015-share purchase
Rhea-AI Filing Summary
Precipio, Inc. reported an updated insider transaction for its Chief Operating Officer on a Form 4/A. The filing shows the officer acquired 20 shares of common stock on 01/02/2026 at $23.40 per share under a Rule 10b5-1 trading plan, bringing the total beneficially owned amount to 1,015 shares of common stock held directly.
The amendment explains that a clerical error in the original Form 4 filed on January 2, 2026 understated the acquired shares as 735 instead of 1,015. No new transaction occurred; the amendment solely corrects the previously reported share count under the officer’s 10b5-1 plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20 shares
Net Buy
1 txn
Insider
Sabet Ahmed Zaki
Role
Chief Operating Officer
Bought
20 shs ($468.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20 | $23.40 | $468.00 |
Holdings After Transaction:
Common Stock — 1,015 shares (Direct)
Footnotes (1)
- F1. This Form 4/A is being filed to correct a clerical error in the number of shares reported as acquired in the Form 4 filed on January 2, 2026. The number of shares reported as 735 should have been reported as 1,015. No additional transaction occurred as a result of this correction; this amendment reflects the correct number of shares acquired under the reporting person's 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Precipio (PRPO) report in this Form 4/A?
The Chief Operating Officer of Precipio, Inc. reported acquiring 20 shares of common stock on 01/02/2026 at $23.40 per share under a Rule 10b5-1 trading plan.
Why did Precipio (PRPO) file an amended Form 4/A?
The amendment corrects a clerical error in the original Form 4 filed on January 2, 2026, where the number of shares acquired was reported as 735 instead of the correct 1,015 shares.
Did the Form 4/A for Precipio (PRPO) report any new insider transactions?
No. The explanation states that no additional transaction occurred; the Form 4/A only updates the previously reported number of shares acquired under the officer’s 10b5-1 plan.
What is the relationship of the reporting person to Precipio (PRPO)?
The reporting person is an officer of Precipio, Inc., serving as Chief Operating Officer.
Was the Precipio (PRPO) insider trade made under a Rule 10b5-1 plan?
Yes. The explanation notes that the corrected number of shares was acquired under the reporting person’s Rule 10b5-1 trading plan.