[Form 4] Precipio, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Precipio, Inc. Chief Operating Officer Sabet Ahmed Zaki reported two transactions dated 01/02/2026. He was granted a stock option for 15,000 shares of common stock with an exercise price of $23.82 per share, issued under the company’s Equity Incentive Plan for his service as an officer. These options will vest and become exercisable only if the 10-day volume-weighted average price of Precipio’s common stock exceeds $40 per share. He also purchased 20 shares of common stock at $23.40 per share under a Rule 10b5-1 trading plan, increasing his directly held common stock to 735 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
| Purchase | Common Stock | 20 | $23.40 | $468.00 |
Footnotes (1)
- These shares are being purchased pursuant to 10b5-1 plan adopted by the Reporting Person. The options shall vest and become exercisable on the date that the 10-day volume-weighted average price ("VWAP") of the Company's common stock exceeds $40 per share. The stock option was granted pursuant to the Issuer's Equity Incentive Plan in consideration for the Reporting Person's service as an officer of the Issuer and has an exercise price of $23.82 per share.
FAQ
What insider transactions did Precipio (PRPO) report for its COO on 01/02/2026?
The Chief Operating Officer, Sabet Ahmed Zaki, reported a grant of 15,000 stock options and an open-market purchase of 20 shares of Precipio common stock dated 01/02/2026.
What are the key terms of the 15,000 Precipio (PRPO) stock options granted to the COO?
The COO received 15,000 stock options with an exercise price of $23.82 per share. The options vest when the 10-day volume-weighted average price of Precipio’s common stock exceeds $40 per share and expire on 01/02/2036.
Was the Precipio (PRPO) COO’s common stock purchase made under a Rule 10b5-1 plan?
Yes. The filing states that the 20-share common stock purchase was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Under what plan were the COO’s Precipio (PRPO) stock options granted?
The 15,000 stock options were granted under Precipio’s Equity Incentive Plan as consideration for the COO’s service as an officer, with an exercise price of $23.82 per share.
What performance condition affects vesting of the COO’s Precipio (PRPO) options?
The options vest when the 10-day volume-weighted average price of Precipio’s common stock exceeds $40 per share, according to the filing’s footnote.