Prothena (NASDAQ: PRTA) ten percent owner reports direct and indirect stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
PROTHENA CORP PUBLIC LTD CO insider William P. Scully filed an initial ownership report as a ten percent owner of PRTA. He reports 736,000 ordinary shares held directly, plus 80,000 shares held indirectly through Manatee Equity Fund LLC and 52,000 shares held indirectly by his spouse. A footnote states he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SCULLY WILLIAM P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares, par value $0.01 per share | -- | -- | -- |
| holding | Ordinary Shares, par value $0.01 per share | -- | -- | -- |
| holding | Ordinary Shares, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value $0.01 per share — 736,000 shares (Direct, null);
Ordinary Shares, par value $0.01 per share — 80,000 shares (Indirect, By Manatee Equity Fund LLC)
Footnotes (1)
- [object Object]
Key Figures
Direct ordinary shares: 736,000 shares
Indirect shares via Manatee Equity Fund LLC: 80,000 shares
Indirect shares by spouse: 52,000 shares
+1 more
4 metrics
Direct ordinary shares
736,000 shares
Directly held ordinary shares as of the reported date
Indirect shares via Manatee Equity Fund LLC
80,000 shares
Indirect ownership through Manatee Equity Fund LLC
Indirect shares by spouse
52,000 shares
Indirect ownership reported as held by spouse
Ownership status
Ten percent owner
Reported status for Section 16 purposes on Form 3
Key Terms
ten percent owner, beneficial ownership, pecuniary interest, indirect ownership
4 terms
ten percent owner regulatory
"The Form 3 identifies William P. Scully as a ten percent owner."
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these securities except to the extent of his 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.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein."
indirect ownership financial
"Indirect ownership is reported through Manatee Equity Fund LLC and by spouse."
FAQ
What does the PRTA Form 3 filed by William P. Scully show?
The Form 3 shows William P. Scully as a ten percent owner of PRTA, reporting direct and indirect holdings of ordinary shares. It is an initial ownership disclosure, not a report of new purchases or sales.
What indirect PRTA holdings are reported for William P. Scully?
The filing lists 80,000 ordinary shares held indirectly through Manatee Equity Fund LLC and 52,000 shares held indirectly by his spouse. These positions are reported as indirect ownership interests associated with Scully.
Does the PRTA Form 3 indicate recent insider buying or selling?
No, the Form 3 lists existing holdings rather than new transactions. The entries are classified as holdings with no buy or sell codes, serving to establish Scully’s ownership position as a ten percent owner.