PTC Therapeutics (PTCT) CLO Boulding sells 3,019 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC Therapeutics executive Mark Elliott Boulding, Executive VP and Chief Legal Officer, reported open-market sales of a total of 3,019 shares of common stock on February 19, 2026. The transactions, executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2024, occurred at weighted-average prices of $68.54 and $69.82 per share, based on multiple trades within disclosed price ranges from $67.99 to $70.18. Following these sales, Boulding directly held 105,212 shares of PTC Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,019 shares ($209,763)
Net Sell
4 txns
Insider
Boulding Mark Elliott
Role
EXEC. VP AND CLO
Sold
3,019 shs ($210K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 588 | $68.54 | $40K |
| Sale | Common Stock | 1,629 | $69.82 | $114K |
| Sale | Common Stock | 212 | $68.54 | $15K |
| Sale | Common Stock | 590 | $69.82 | $41K |
Holdings After Transaction:
Common Stock — 107,643 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a written Rule 10b5-1 plan adopted by the Reporting Person on December 4, 2024. This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $67.99 to $68.93 per share. The Reporting Person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price. This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $69.52 to $70.18 per share. The Reporting Person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did PTC Therapeutics (PTCT) report for Mark Elliott Boulding?
PTC Therapeutics reported that Executive VP and Chief Legal Officer Mark Elliott Boulding sold 3,019 shares of common stock on February 19, 2026, in open-market transactions under a Rule 10b5-1 trading plan, at weighted-average prices of $68.54 and $69.82 per share.
Does the PTC Therapeutics (PTCT) Form 4 use a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were executed under a written Rule 10b5-1 trading plan adopted by Mark Elliott Boulding on December 4, 2024, indicating the sale instructions were pre-established rather than being made on a discretionary, same-day trading decision basis.
What role does Mark Elliott Boulding hold at PTC Therapeutics (PTCT)?
Mark Elliott Boulding is identified as Executive Vice President and Chief Legal Officer of PTC Therapeutics. His status as an officer makes him a reporting person subject to Form 4 disclosure requirements for changes in his beneficial ownership of the company’s common stock.
Were PTC Therapeutics (PTCT) insider sales executed in multiple trades on the transaction date?
Yes. The Form 4 notes that the weighted-average prices reflect multiple sale transactions executed within price ranges of $67.99 to $68.93 and $69.52 to $70.18 per share, with further breakdowns available upon request to the company, the SEC staff, or security holders.