Prothena Corp (PRTA) counsel trades shares in Rule 10b5-1 planned sale
Rhea-AI Filing Summary
PROTHENA CORP PUBLIC LTD CO General Counsel & Company Secretary Michael John Isaacs reported two transactions in ordinary shares. On July 29, 2026, he sold 8,386 shares in open-market or private trades at a weighted average of $8.4731 per share under a Rule 10b5-1 trading plan adopted on April 3, 2026. The trades were executed in multiple transactions at prices ranging from $8.40 to $8.65. On July 28, 2026, 4,694 shares were disposed of at $8.56 per share to satisfy exercise-price or tax-liability obligations by delivering or withholding shares. All transactions involved direct holdings.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 13,080 shares
Net Sell
2 txns
Insider
Isaacs Michael John
Role
General Counsel & Company Sec.
Sold
8,386 shs ($71K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares, par value $0.01 per share F1, F2 | 8,386 | $8.4731 | $71K |
| Exercise Price or Tax Liability | Ordinary Shares, par value $0.01 per share | 4,694 | $8.56 | $40K |
Holdings After Transaction:
Ordinary Shares, par value $0.01 per share — 35,745 shares (Direct)
Footnotes (2)
- F1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 3, 2026.
- F2. The transaction was executed in multiple trades in prices ranging from $8.40 to $8.65, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Key Figures
Shares sold: 8,386 shares
Weighted average sale price: $8.4731 per share
Shares disposed for tax or exercise obligations: 4,694 shares
+3 more
6 metrics
Shares sold
8,386 shares
Ordinary shares sold on July 29, 2026 in open-market or private transactions
Weighted average sale price
$8.4731 per share
Average price for 8,386 shares sold on July 29, 2026
Shares disposed for tax or exercise obligations
4,694 shares
Shares delivered or withheld on July 28, 2026 to satisfy obligations
Disposition price for tax or exercise obligations
$8.56 per share
Price for 4,694 shares disposed on July 28, 2026
Net buy/sell shares
-8,386 shares
Net effect of buy/sell transactions excluding tax-liability disposition
Rule 10b5-1 plan adoption date
April 3, 2026
Plan governing the July 29, 2026 sale transaction
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, exercise price or tax liability, Ordinary Shares
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported in Column 4 above reflects the weighted average sale price"
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider sale did Prothena (PRTA) report on July 29, 2026?
Prothena reported that General Counsel Michael John Isaacs sold 8,386 ordinary shares on July 29, 2026, in open-market or private transactions at a weighted average price of $8.4731 per share, executed across multiple trades between $8.40 and $8.65.
Was the recent Prothena (PRTA) insider sale made under a Rule 10b5-1 plan?
Yes. The July 29, 2026 sale of 8,386 ordinary shares by Michael John Isaacs was effected under a Rule 10b5-1 trading plan adopted on April 3, 2026, indicating the transactions were pre-arranged rather than discretionary at the time of execution.
What was the second transaction reported by Prothena (PRTA) on July 28, 2026?
On July 28, 2026, Michael John Isaacs had 4,694 ordinary shares disposed of at $8.56 per share to satisfy exercise-price or tax-liability obligations by delivering or withholding shares, rather than through an open-market sale. These shares were held directly.
Who is the Prothena (PRTA) insider involved in these Form 4 transactions?
The Form 4 lists Michael John Isaacs, General Counsel & Company Secretary of Prothena, as the reporting person. He reported one open-market or private sale of 8,386 shares and one tax- or exercise-related share disposition of 4,694 shares, both from direct holdings.