Precipio director linked entity sells 900 PRPO shares
Precipio, Inc. director Richard A. Sandberg reported an indirect open-market sale related to shares of the company’s common stock.
Rhea-AI Filing Summary
Precipio, Inc. director Richard A. Sandberg reported an indirect open-market sale related to shares of the company’s common stock. On May 21, 2026, Wythburn Associates, Ltd., an entity 94% owned jointly by Sandberg and his spouse, sold 900 shares at an average price of $25.0193 per share.
After this sale, Wythburn Associates held 3,000 shares of Precipio common stock. Separate entries show Sandberg with 25,000 shares held indirectly through a Roth IRA and 8,142 shares held directly in his own name. The filing states that Sandberg disclaims beneficial ownership of Wythburn’s securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 900 shares
Net Sell
3 txns
Insider
SANDBERG RICHARD A
Role
Director
Sold
900 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 900 | $25.0193 | $23K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,000 shares (Indirect, Wythburn Associates, Ltd, 94% owned jointly by reporting person and spouse);
Common Stock — 8,142 shares (Direct);
Common Stock — 25,000 shares (Indirect, Roth IRA for the benefit of Richard A Sandberg)
Footnotes (1)
- F1. Shares disposed in open market transactions by Wythburn Associates, Ltd, which is 94% owned jointly by the reporting person and their spouse. The reporting person disclaims beneficial ownership of the securities except to the extent of their pecuniary interest therein.
Key Figures
Shares sold: 900 shares
Sale price: $25.0193 per share
Wythburn holdings after sale: 3,000 shares
+3 more
6 metrics
Shares sold
900 shares
Open-market sale on May 21, 2026 by Wythburn Associates
Sale price
$25.0193 per share
Average price for 900-share open-market sale
Wythburn holdings after sale
3,000 shares
Indirect ownership via Wythburn Associates following transaction
Roth IRA holdings
25,000 shares
Indirect holdings in Roth IRA for benefit of Richard A. Sandberg
Direct holdings
8,142 shares
Shares held directly by Richard A. Sandberg after transactions
Net share change
900 shares net sold
Net buy/sell direction in transaction summary
Key Terms
open market transactions, beneficial ownership, Roth IRA, indirect ownership, +1 more
5 terms
open market transactions financial
"Shares disposed in open market transactions by Wythburn Associates, Ltd"
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the securities except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Roth IRA financial
"Roth IRA for the benefit of Richard A Sandberg"
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
indirect ownership financial
"nature_of_ownership: Roth IRA for the benefit of Richard A Sandberg"
transaction code S financial
"transaction_code: "S" … Sale in open market or private transaction"
FAQ
What insider transaction did PRPO director Richard Sandberg report?
Richard A. Sandberg reported an indirect open-market sale of 900 shares of Precipio common stock. The sale occurred through Wythburn Associates, Ltd. on May 21, 2026 at an average price of $25.0193 per share, as disclosed in the Form 4 filing.
What are Richard Sandberg’s other PRPO holdings reported in this Form 4?
Besides Wythburn’s position, the Form 4 lists 25,000 Precipio shares held indirectly in a Roth IRA for the benefit of Richard A. Sandberg and 8,142 shares held directly. These entries reflect his reported holdings as of the same May 21, 2026 date.
Is the PRPO insider transaction considered a buy or a sell?
The Form 4 reports a sell transaction. It classifies the 900-share trade as an open-market sale of common stock, coded as an “S” transaction, executed by Wythburn Associates at an average price of $25.0193 per share on May 21, 2026.
What does Sandberg’s disclaimer of beneficial ownership in the PRPO filing mean?
The filing states Sandberg disclaims beneficial ownership of Wythburn’s securities except for his pecuniary interest. This means he does not claim full economic or voting control over all Wythburn-held shares, beyond the portion representing his financial stake in the entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
