Director sells 20,960 PTCT shares; prior Almstead sales totaled 80, ..., PTCT
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
PTCT reported a Rule 144 notice showing the sale of 20,960 shares by Fidelity Brokerage Services LLC via a stock option exercise on 06/25/2026 for cash. The filing also lists earlier dispositions by Zheng Y. Almstead: 52,003 shares on 04/01/2026, 23,749 shares on 06/22/2026, and 5,323 shares on 06/24/2026, with disclosed proceeds for each sale. Shares outstanding are shown as 82,949,338 as of 06/25/2026.
Positive
- None.
Negative
- None.
Key Figures
Shares sold (current notice): 20,960 shares
Proceeds - 04/01/2026 sale: $3,590,359.84
Proceeds - 06/22/2026 sale: $1,921,431.84
+2 more
5 metrics
Shares sold (current notice)
20,960 shares
Stock option exercise on 06/25/2026
Proceeds - 04/01/2026 sale
$3,590,359.84
52,003 shares sold on 04/01/2026
Proceeds - 06/22/2026 sale
$1,921,431.84
23,749 shares sold on 06/22/2026
Proceeds - 06/24/2026 sale
$452,591.58
5,323 shares sold on 06/24/2026
Shares outstanding
82,949,338 shares
as of 06/25/2026
Key Terms
Rule 144, Stock Option Exercise, Proceeds, Brokerage
4 terms
Rule 144 regulatory
"144: Securities To Be Sold"
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
"Common | 06/25/2026 | 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.
Proceeds financial
"52003 | 3590359.84"
Brokerage market
"Fidelity Brokerage Services LLC 900 Salem Street"
A brokerage is a firm or online platform that carries out buy and sell orders for stocks, bonds and other investments on behalf of clients, and typically holds accounts, provides market data, trading tools and optional services such as research or margin lending. It matters to investors because the brokerage’s fees, speed of execution, available markets and safety of client assets directly affect investment costs, potential returns and how easily you can act on opportunities—think of it as the vehicle and driver that get your money where it needs to go.
FAQ
What did the PTCT Form 144 disclose about recent sales?
The Form 144 discloses a 20,960-share sale via stock option exercise on 06/25/2026. It also lists prior dispositions by Zheng Y. Almstead on 04/01/2026, 06/22/2026, and 06/24/2026 with proceeds shown for each.
What proceeds were reported for Zheng Y. Almstead's recent sales?
The excerpt reports proceeds of $3,590,359.84 for 52,003 shares on 04/01/2026, $1,921,431.84 for 23,749 shares on 06/22/2026, and $452,591.58 for 5,323 shares on 06/24/2026.