Precipio COO buys 31 PRPO shares at $16.3 in insider trade
Precipio, Inc. (PRPO) reported an insider stock purchase by its Chief Operating Officer.
Rhea-AI Filing Summary
Precipio, Inc. (PRPO) reported an insider stock purchase by its Chief Operating Officer. On 07/08/2025, the COO acquired 31 shares of common stock in an open-market transaction at $16.3 per share, increasing the directly held position to 690 shares. The filing notes that these shares are being purchased under a pre-established Rule 10b5-1 trading plan adopted by the reporting person, which is designed to provide an affirmative defense against insider trading claims when trading while in possession of material nonpublic information.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 31 | $16.30 | $505.30 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction was reported for Precipio, Inc. (PRPO)?
The Chief Operating Officer of Precipio, Inc. (PRPO) reported buying 31 shares of the company’s common stock in an open-market transaction.
Who is the reporting person in this Precipio (PRPO) Form 4?
The reporting person is Ahmed Zaki Sabet, who serves as the Chief Operating Officer of Precipio, Inc.
Was the PRPO insider trade made under a Rule 10b5-1 trading plan?
Yes. The filing states that these shares are being purchased pursuant to a 10b5-1 plan adopted by the reporting person, referencing the affirmative defense conditions of Rule 10b5-1(c).
Is this Form 4 filed by a single reporting person or a group?
The Form 4 is indicated as being filed by one reporting person, not by a joint or group filer.
AI-generated analysis. How Rhea-AI works. Not financial advice.