PTCT (NASDAQ: PTCT) — 24,613 shares reported for sale after option exercise

Rhea-AI Filing Summary

PTCT submitted a Form 144 notice reporting the proposed sale of 24,613 shares of Common Stock in connection with a Stock Option Exercise dated 07/07/2026. The filing lists Fidelity Brokerage Services LLC as the selling broker and indicates cash as the method.

The filing also discloses recent sales by Neil G. Almstead: 23,749 shares on 06/22/2026, 5,323 shares on 06/24/2026, 20,960 shares on 06/25/2026, 8,130 shares on 06/26/2026, and 22,161 shares on 07/06/2026. The filing is a Rule 144 notice of resale transactions.

Insights

Securities Compliance Counsel

Form 144 notice for a 24,613-share option exercise and resale is procedural under Rule 144.

The filing records a proposed sale of 24,613 shares tied to a Stock Option Exercise on 07/07/2026 and names Fidelity Brokerage Services LLC as broker. This form is a notice required when restricted or control securities are to be sold under Rule 144.

Recent executed sales by Neil G. Almstead are listed with exact dates and share amounts. Cash settlement is indicated; cash‑flow treatment is stated as Cash in the excerpt. Subsequent filings or trade reports would show actual resale execution details.

Key Figures

Proposed shares to be sold: 24,613 shares Sale by Neil G. Almstead: 23,749 shares Sale by Neil G. Almstead: 5,323 shares +3 more

6 metrics

Proposed shares to be sold 24,613 shares Stock Option Exercise dated 07/07/2026

Sale by Neil G. Almstead 23,749 shares Sold on 06/22/2026

Sale by Neil G. Almstead 5,323 shares Sold on 06/24/2026

Sale by Neil G. Almstead 20,960 shares Sold on 06/25/2026

Sale by Neil G. Almstead 8,130 shares Sold on 06/26/2026

Sale by Neil G. Almstead 22,161 shares Sold on 07/06/2026

Key Terms

Stock Option Exercise, Form 144, Fidelity Brokerage Services LLC

3 terms

Stock Option Exercise financial

"Securities To Be Sold: Common | 07/07/2026 | Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Fidelity Brokerage Services LLC market

"Common | Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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Available on EDGAR 07/07/2026 - 04:12 PM Accepted by SEC EDGAR 07/07/2026 - 04:11 PM Learn about SEC filing dates

FAQ

What does PTCT's Form 144 filing report?

The filing reports a proposed sale of 24,613 shares related to a Stock Option Exercise dated 07/07/2026. It names Fidelity Brokerage Services LLC as broker and lists cash as the method.

Who is the selling party referenced in the PTCT Form 144?

The excerpt lists Fidelity Brokerage Services LLC as the broker and discloses multiple sales by Neil G. Almstead on specified dates, including 22,161 shares on 07/06/2026.

Were there recent open-market sales disclosed for PTCT?

Yes. The filing shows executed sales by Neil G. Almstead: 23,749 on 06/22/2026, 5,323 on 06/24/2026, 20,960 on 06/25/2026, 8,130 on 06/26/2026, and 22,161 on 07/06/2026.

What is the sale method and settlement type shown in the filing?

The excerpt indicates the sale tied to the option exercise is to be settled for cash and lists the transaction method as a Stock Option Exercise on 07/07/2026.

Does this Form 144 confirm the resale completed?

No. The filing is a Rule 144 notice reporting a proposed sale of 24,613 shares dated 07/07/2026. Actual resale execution and settlement details are not provided in the excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	24613	2187695.61	82949338	07/07/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/07/2026	Stock Option Exercise	Issuer			24613	07/07/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Neil G. Almstead 500 Warren Corporate Center Drive Warren NJ 07059	Common	06/22/2026	23749	1921431.84
Neil G. Almstead 500 Warren Corporate Center Drive Warren NJ 07059	Common	06/24/2026	5323	452591.41
Neil G. Almstead 500 Warren Corporate Center Drive Warren NJ 07059	Common	06/25/2026	20960	1801869.07
Neil G. Almstead 500 Warren Corporate Center Drive Warren NJ 07059	Common	06/26/2026	8130	693145.82
Neil G. Almstead 500 Warren Corporate Center Drive Warren NJ 07059	Common	07/06/2026	22161	1905798.18

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)