PTCT (NASDAQ: PTCT) affiliate sale notice — Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Reporting person submitted a Form 144 notice to sell Common stock under Rule 144. The filing lists a planned sale of 2,464 shares on 07/09/2026 in connection with a Stock Option Exercise and multiple reported dispositions by Neil G. Almstead on 06/22/2026 through 07/07/2026 with individual sale amounts shown.
Positive
- None.
Negative
- None.
Insights
Form 144 notice records planned affiliate sale via option exercise and recent dispositions.
The filing lists a Stock Option Exercise for 07/09/2026
The excerpt shows several open-market or reported dispositions by Neil G. Almstead between 06/22/2026 and 07/07/2026. These entries are routine compliance notices; cash‑flow treatment and final settlement details are not provided in the excerpt.
Key Figures
Planned sale: 2,464 shares
Sale example: 23,749 shares
Sale example: 20,960 shares
+1 more
4 metrics
Planned sale
2,464 shares
Stock Option Exercise on <date>07/09/2026</date>
Sale example
23,749 shares
<date>06/22/2026</date> for $1,921,431.84
Sale example
20,960 shares
<date>06/25/2026</date> for $1,801,869.07
Sale example
24,613 shares
<date>07/07/2026</date> for $2,187,694.51
Key Terms
Stock Option Exercise, Securities To Be Sold, Cash
3 terms
Stock Option Exercise financial
"Common | 07/09/2026 | 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.
Securities To Be Sold regulatory
"144: Securities To Be Sold"
Cash financial
"2464 | 07/09/2026 | Cash"
FAQ
What does PTCT's Form 144 filing report?
The filing reports a planned sale of 2,464 shares on 07/09/2026 tied to a Stock Option Exercise. It also lists multiple prior dispositions by Neil G. Almstead between 06/22/2026 and 07/07/2026 with amounts shown.
Who is the selling party named in the PTCT Form 144?
The filing identifies Neil G. Almstead as a reporting party for several dispositions dated 06/22/2026 through 07/07/2026. The notice also references a brokerage account at Fidelity Brokerage Services LLC for the planned sale.
Does the Form 144 specify how proceeds will be used?
The excerpt does not state a use of proceeds. It shows the transaction type as a Stock Option Exercise with cash indicated, but no application of proceeds or recipient use is disclosed in the provided content.