Precipio (PRPO) COO amends Form 4 to show 970 shares owned
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Precipio, Inc. Chief Operating Officer Sabet Ahmed Zaki reported an open-market purchase of 31 shares of common stock at $16.30 per share on July 8, 2025, increasing his direct holdings to 970 shares.
This Form 4/A is an amendment that corrects a clerical error in a prior Form 4 filed on November 20, 2025, where his post-transaction holdings were mistakenly shown as 690 shares. The amendment states that no additional transaction occurred and simply updates the recorded number of shares acquired under his Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 31 shares ($505)
Net Buy
1 txn
Insider
Sabet Ahmed Zaki
Role
Chief Operating Officer
Bought
31 shs ($505.30)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 31 | $16.30 | $505.30 |
Holdings After Transaction:
Common Stock — 970 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Precipio (PRPO) report in this Form 4/A?
Precipio reported that COO Sabet Ahmed Zaki bought 31 shares of common stock at $16.30 on July 8, 2025. This was an open-market purchase and reflects trading under his existing Rule 10b5-1 plan.
Why did Precipio (PRPO) file an amended Form 4/A for Sabet Ahmed Zaki?
The Form 4/A corrects a clerical error in a prior Form 4 filed November 20, 2025. That filing understated Zaki’s post-transaction holdings; the amendment updates the figure and confirms no new transaction occurred.
Did the Precipio (PRPO) Form 4/A disclose any new insider trades?
The amendment explicitly states no additional transaction occurred. It only corrects the number of shares acquired and held after a July 8, 2025 purchase, aligning the record with the actual 970-share position.
What trading plan is referenced in the Precipio (PRPO) Form 4/A amendment?
The amendment notes that the corrected 970-share total reflects shares acquired under Sabet Ahmed Zaki’s Rule 10b5-1 trading plan. Such plans pre-schedule trades to help insiders transact independently of day-to-day market information.