PTCT Form 144: Proposed 25,562-Share Sale on NASDAQ Worth $1.69M
Rhea-AI Filing Summary
PTC Therapeutics (PTCT) submitted a Form 144 notice for a proposed sale of 25,562 common shares with an aggregate market value of $1,685,979.27, planned for 10/03/2025 on NASDAQ. The shares correspond to option exercises granted on 12/14/2018 (8,650 shares), 01/22/2019 (6,912 shares) and 01/05/2023 (10,000 shares); payment for these shares is shown as cash on 10/03/2025. The filing lists a recent sale on 09/11/2025 of 15,705 common shares that generated $934,447.50 in gross proceeds by a seller identified as Emma Reeve. The notice includes the required representation that the signer does not possess undisclosed material adverse information about the issuer.
Positive
- Proposed sale quantity is precisely disclosed: 25,562 shares for $1,685,979.27
- Source of shares is documented with grant dates: 12/14/2018, 01/22/2019, 01/05/2023
- Previous recent sale is disclosed with amount and proceeds: 15,705 shares for $934,447.50
Negative
- Filer CIK and contact fields are not provided in the visible content
- The filing does not identify whether the seller signing the Form 144 is the same person named in the prior sale (Emma Reeve)
Insights
Large planned sale of vested option shares worth $1.69M on 10/03/2025.
The filing shows an insider-linked sale notice for 25,562 shares derived from vested option grants dated between 2018 and 2023, with cash payment recorded on the sale date.
This is a routine Rule 144 notice documenting a proposed public sale on NASDAQ; the earlier sale of 15,705 shares on 09/11/2025 produced $934,447.50 in gross proceeds, indicating prior dispositions in the same period.