Precipio (PRPO) director Sandberg reports 3,134-share net stock sale in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Precipio, Inc. director Richard A. Sandberg reported net open-market sales of 3,134 shares of common stock. On May 19–20, 2026, he sold 2,034 shares held directly at prices around $24.89 per share, leaving 8,142 directly owned shares.
Additional sales of 600 and 500 shares were made by Wythburn Associates, Ltd, an entity 94% owned jointly by Sandberg and his spouse, at weighted average prices near $24.42 and $25.00. Sandberg disclaims beneficial ownership of these Wythburn shares except for his pecuniary interest. After these transactions, Wythburn held 3,900 shares, and a Roth IRA for Sandberg’s benefit held 25,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,134 shares ($77,784)
Net Sell
4 txns
Insider
SANDBERG RICHARD A
Role
null
Sold
3,134 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $25.00 | $13K |
| Sale | Common Stock | 2,034 | $24.8928 | $51K |
| Sale | Common Stock | 600 | $24.4206 | $15K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,900 shares (Indirect, Wythburn Associates, Ltd, 94% owned jointly by reporting person and spouse);
Common Stock — 8,142 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.5048, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.6001 to $25.26, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Net shares sold: 3,134 shares
Direct sale size: 2,034 shares
Direct holdings after sale: 8,142 shares
+4 more
7 metrics
Net shares sold
3,134 shares
Net open-market sales reported in Form 4
Direct sale size
2,034 shares
Common stock sold directly by Sandberg at $24.8928/share
Direct holdings after sale
8,142 shares
Common stock held directly following May 20, 2026 transactions
Wythburn sales
1,100 shares
600 shares at $24.4206 and 500 shares at $25.00
Wythburn holdings after sales
3,900 shares
Indirect holdings via Wythburn Associates following transactions
Roth IRA holdings
25,000 shares
Shares in Roth IRA for benefit of Richard A. Sandberg as of May 19, 2026
Sale prices
$24.4206–$25.00/share
Reported transaction and weighted average prices for common stock sales
Key Terms
open-market sale, weighted average price, beneficial ownership, Roth IRA, +1 more
5 terms
open-market sale financial
"transaction_action is described as "open-market sale" for the common stock transactions."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the securities except to the extent of their pecuniary interest therein."
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
"ownership_type is "indirect" for holdings through Wythburn Associates and the Roth IRA."
FAQ
What did Precipio (PRPO) director Richard Sandberg report in this Form 4?
Richard Sandberg reported net open-market sales of 3,134 Precipio common shares on May 19–20, 2026. These included both directly held shares and shares sold through an affiliated entity, plus updated holdings in an IRA and Wythburn Associates.
What role did Wythburn Associates play in the Precipio (PRPO) Form 4 transactions?
Wythburn Associates, Ltd, 94% owned jointly by Sandberg and his spouse, sold 600 and 500 shares of Precipio common stock. The weighted average sale prices were around $24.4206 and $25.00 per share, leaving Wythburn with 3,900 shares.