Prothena (PRTA) 10% holder logs 963K-share gifts
Rhea-AI Filing Summary
PROTHENA CORP PUBLIC LTD CO (PRTA) reported insider activity by ten percent owner William P. Scully involving bona fide gifts of its ordinary shares. On August 18, 2026, he disposed of 627,553 ordinary shares as a bona fide gift at a reported price of $0.00 per share. On August 17, 2026, he was reported as acquiring 336,000 ordinary shares in a bona fide gift transaction. After these transactions, indirect holdings reported include 83,500 shares held by Manatee Equity Fund LLC, as to which he disclaims beneficial ownership except to the extent of his pecuniary interest, and 52,000 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 291,553 shares
Net Sell
4 txns
Insider
SCULLY WILLIAM P
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares, par value $0.01 per share | 627,553 | $0.00 | $0.00 |
| holding | Ordinary Shares, par value $0.01 per share F1 | -- | -- | -- |
| holding | Ordinary Shares, par value $0.01 per share | -- | -- | -- |
| Gift | Ordinary Shares, par value $0.01 per share | 336,000 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares, par value $0.01 per share — 750,000 shares (Direct);
Ordinary Shares, par value $0.01 per share — 83,500 shares (Indirect, By Manatee Equity Fund LLC);
Ordinary Shares, par value $0.01 per share — 52,000 shares (Indirect, By Spouse)
Footnotes (1)
- F1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Gifted shares on 2026-08-18: 627,553 shares
Gifted shares on 2026-08-17: 336,000 shares
Total gifted shares: 963,553 shares
+2 more
5 metrics
Gifted shares on 2026-08-18
627,553 shares
Bona fide gift disposition of ordinary shares at $0.00 per share
Gifted shares on 2026-08-17
336,000 shares
Bona fide gift acquisition of ordinary shares at $0.00 per share
Total gifted shares
963,553 shares
Aggregate ordinary shares involved in bona fide gift transactions
Indirect holdings via Manatee Equity Fund LLC
83,500 shares
Indirect ownership with beneficial ownership disclaimed except for pecuniary interest
Indirect holdings via spouse
52,000 shares
Ordinary shares held indirectly through spouse
Key Terms
bona fide gift, ten percent owner, pecuniary interest
3 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
ten percent owner financial
""is_ten_percent_owner": 1"
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
FAQ
What insider transactions did William P. Scully report for PRTA on this Form 4?
William P. Scully reported two bona fide gift transactions in Prothena (PRTA) ordinary shares, totaling 963,553 shares on August 17–18, 2026, plus updated indirect holdings through an investment fund and his spouse.
What are William P. Scully’s indirect PRTA holdings after these transactions?
After the reported transactions, indirect holdings include 83,500 Prothena (PRTA) shares held by Manatee Equity Fund LLC and 52,000 shares held by his spouse. For the Manatee position, he disclaims beneficial ownership except for his pecuniary interest.
Were the reported PRTA transactions by William P. Scully sales or gifts?
The Form 4 characterizes both reported PRTA transactions as bona fide gifts, coded with transaction code G. They involve gift transfers at a reported per-share price of $0.00, not open-market sales or purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
