Insider sales and issuer exercise reported for PTCT (NASDAQ: PTCT)

Rhea-AI Filing Summary

PTCT filing reports Rule 144 dispositions by an insider and a scheduled issuer exercise. The filing lists two past dispositions by Neil G. Almstead: 52,003 common shares on 04/01/2026 for $3,590,359.84 and 23,749 common shares on 06/22/2026 for $1,921,431.84. The notice also lists 5,323 common shares to be sold on 06/24/2026 in a Stock Option Exercise by the issuer for cash.

Insights

Corporate Governance Specialist

Routine Rule 144 disposition notices were filed; amounts and dates are stated.

The filing documents two completed dispositions by Neil G. Almstead totaling stated share counts on 04/01/2026 and 06/22/2026, with proceeds shown as $3,590,359.84 and $1,921,431.84, respectively. These entries are procedural notifications of sales under Rule 144.

It also shows an issuer-related Stock Option Exercise for 5,323 shares on 06/24/2026 to be settled in cash. Cash‑flow treatment and whether these sales were part of a planned arrangement are not specified in the excerpt.

Key Figures

Sale on 04/01/2026: 52,003 shares Proceeds on 04/01/2026: $3,590,359.84 Sale on 06/22/2026: 23,749 shares +2 more

5 metrics

Sale on 04/01/2026 52,003 shares Disposition by Neil G. Almstead on 04/01/2026

Proceeds on 04/01/2026 $3,590,359.84 Proceeds tied to the 52,003‑share disposition

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

Proceeds on 06/22/2026 $1,921,431.84 Proceeds tied to the 23,749‑share disposition

Scheduled exercise on 06/24/2026 5,323 shares Stock Option Exercise by the issuer on 06/24/2026 to be settled in cash

Key Terms

Rule 144, Stock Option Exercise, Issuer

3 terms

Rule 144 regulatory

"Filing header and context for the dispositions"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"Listed as the method for 5,323 shares on 06/24/2026"

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.

Issuer regulatory

"Transaction party labeled as 'Issuer' in the securities to be sold row"

FAQ

What does the PTCT Form 144 show about Neil G. Almstead's April 2026 sale?

It shows 52,003 shares sold on 04/01/2026. The filing lists proceeds of $3,590,359.84 tied to that disposition in the reported row.

What sale by Neil G. Almstead is listed in June 2026 in the PTCT filing?

It shows 23,749 shares sold on 06/22/2026. The filing records proceeds of $1,921,431.84 associated with that sale.

Does the filing list any planned issuer transactions for PTCT?

Yes; it lists 5,323 common shares to be sold on 06/24/2026 described as a Stock Option Exercise by the issuer to be settled in cash.

Are proceeds or cash‑flow recipients identified in the PTCT excerpt?

Proceeds are shown numerically for the listed dispositions ($3,590,359.84 and $1,921,431.84). The filing rows identify the issuer for the exercise; further cash‑flow detail is not provided in the excerpt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/24/2026 - 04:12 PM Accepted by SEC EDGAR 06/24/2026 - 04:11 PM Learn about SEC filing dates

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	5323	452591.58	82949338	06/24/2026	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	06/24/2026	Stock Option Exercise	Issuer			5323	06/24/2026	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	04/01/2026	52003	3590359.84
Neil G. Almstead 500 Warren Corporate Center Drive Warren NJ 07059	Common	06/22/2026	23749	1921431.84

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)