PTC Therapeutics (PTCT) director exercises options, sells 15,167 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC Therapeutics director Stephanie Okey exercised stock options and sold shares in a pre-planned transaction. On March 10, 2026, she exercised options to acquire 15,167 shares of common stock at an exercise price of $33.63 per share.
On the same date, she sold 15,167 common shares in open-market transactions at a sale price of $70.00 per share pursuant to a written Rule 10b5-1 trading plan adopted on November 24, 2025. Following these transactions, she holds 8,000 shares of PTC Therapeutics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,167 shares ($1,061,690)
Net Sell
6 txns
Insider
Okey Stephanie
Role
Director
Sold
15,167 shs ($1.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,167 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 14,000 | $0.00 | -- |
| Exercise | Common Stock | 1,167 | $33.63 | $39K |
| Sale | Common Stock | 1,167 | $70.00 | $82K |
| Exercise | Common Stock | 14,000 | $33.63 | $471K |
| Sale | Common Stock | 14,000 | $70.00 | $980K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 9,167 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a written Rule 10b5-1 plan adopted by the reporting person on November 24, 2025. Currently exercisable.
FAQ
What insider transaction did PTC Therapeutics (PTCT) director Stephanie Okey report?
Director Stephanie Okey reported exercising options and selling shares. She exercised options for 15,167 PTC Therapeutics common shares at $33.63 and sold 15,167 shares at $70.00 on March 10, 2026 under a pre-planned Rule 10b5-1 trading plan.
What stock options did Stephanie Okey exercise in the latest PTCT Form 4?
She exercised stock options covering 15,167 underlying PTC Therapeutics common shares at an exercise price of $33.63 per share. The options were described as currently exercisable and had an expiration date of December 13, 2028 before being fully exercised.
What does transaction code M mean in Stephanie Okey’s PTCT Form 4?
Transaction code M indicates an exercise or conversion of a derivative security, here stock options. In this Form 4, Okey used code M for exercising options into 15,167 PTC Therapeutics common shares at an exercise price of $33.63 per share.