PTC Therapeutics CEO tax-related sale of 2,514 shares
PTC Therapeutics, Inc. reported an insider share sale by its chief executive officer Matthew B. Klein.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
PTC Therapeutics, Inc. reported an insider share sale by its chief executive officer Matthew B. Klein. On January 8, 2026, he sold 2,514 shares of common stock at $76.45 per share. After this transaction, he beneficially owned 394,453 shares of PTC Therapeutics common stock in direct ownership.
The filing explains that these shares were automatically sold under an irrevocable “sell to cover” election to satisfy tax withholding obligations tied to the vesting of 5,250 restricted stock units (RSUs) from a January 7, 2022 grant of 21,000 RSUs. This indicates the sale was made to cover taxes due on equity compensation rather than as a discretionary open‑market sale of investment holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,514 | $76.45 | $192K |
Footnotes (1)
- F1. Represents shares automatically sold pursuant to irrevocable sell to cover elections entered into upon acceptance of the respective grants to satisfy tax withholding obligations in connection with the vesting of 5,250 RSUs from a January 7, 2022 grant of 21,000 RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who reported the insider transaction in PTC Therapeutics (PTCT)?
Is the PTC Therapeutics (PTCT) CEO a 10% owner based on this Form 4?
Does this PTC Therapeutics (PTCT) Form 4 involve derivative securities or only common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.