Precipio, Inc. (PRPO) COO amends Form 4 to fix share count
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Precipio, Inc. Chief Operating Officer Sabet Ahmed Zaki filed an amended insider trading report to correct a prior clerical error. The Form 4/A reflects an open‑market purchase of 25 shares of common stock at $19.50 per share, with 995 shares owned directly after the transaction. According to the footnote, the original filing understated the total holdings, reporting 715 instead of 995 shares, and this amendment only corrects that figure with no additional transaction beyond the original purchase under the reporting person's 10b5‑1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25 shares ($488)
Net Buy
1 txn
Insider
Sabet Ahmed Zaki
Role
Chief Operating Officer
Bought
25 shs ($487.50)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25 | $19.50 | $487.50 |
Holdings After Transaction:
Common Stock — 995 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Precipio (PRPO) report on this Form 4/A?
Precipio reported that its COO, Sabet Ahmed Zaki, made an open‑market purchase of 25 shares of common stock at $19.50 per share. The amended filing corrects previously reported share totals related to this transaction under a 10b5‑1 trading plan.
Why did Precipio (PRPO) file this amended Form 4/A for its COO?
The amendment was filed to correct a clerical error in the previously reported number of shares. The original Form 4 showed 715 shares acquired, but it should have shown 995 shares. The company states that no additional transaction occurred; only the share count was corrected.
Did the Precipio (PRPO) Form 4/A disclose any new insider trades?
No new trades were disclosed. The footnote explains that no additional transaction occurred beyond the original purchase. The amendment solely corrects the number of shares previously reported as acquired, changing the figure from 715 to the accurate 995 shares.
What trading plan is referenced in the Precipio (PRPO) Form 4/A footnote?
The footnote states that the corrected share count reflects shares acquired under the reporting person’s Rule 10b5‑1 trading plan. Such plans allow insiders to prearrange trades, helping separate routine share purchases from discretionary timing decisions in the market.