PTC Therapeutics (PTCT) CLO sells 5,894 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC Therapeutics executive Mark Elliott Boulding reported option exercises and share sales. On February 17, 2026, he exercised stock options for 2,813 shares of common stock at $25.69 per share, increasing his direct common stock holdings to 114,125 shares.
On February 17–18, 2026, he sold a total of 5,894 shares of common stock in open-market transactions at prices around $69.29–$70.13 per share, pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2024. A portion of the shares sold was automatically sold to cover tax withholding obligations related to vesting restricted stock units. After these transactions, he directly owned 108,231 shares of common stock and 22,501 stock options that are currently exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,894 shares ($408,613)
Net Sell
5 txns
Insider
Boulding Mark Elliott
Role
EXEC. VP AND CLO
Sold
5,894 shs ($409K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,081 | $69.36 | $214K |
| Exercise | Stock Option (Right to Buy) | 2,813 | $0.00 | -- |
| Exercise | Common Stock | 2,813 | $25.69 | $72K |
| Sale | Common Stock | 2,811 | $69.29 | $195K |
| Sale | Common Stock | 2 | $70.13 | $140.26 |
Holdings After Transaction:
Common Stock — 108,231 shares (Direct);
Stock Option (Right to Buy) — 22,501 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 $68.84 to $69.80 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. Represents shares automatically sold pursuant to an irrevocable sell to cover election entered into upon acceptance of the grant to satisfy tax withholding obligations in connection with the vesting of 4,500 RSUs from a February 15, 2024 grant of 18,000 RSUs and the vesting of 1,600 RSUs from a February 15, 2024 grant of 3,200 RSUs. Currently exercisable.
FAQ
What insider transactions did PTCT executive Mark Elliott Boulding report?
Mark Elliott Boulding reported exercising stock options and selling common shares. He exercised options for 2,813 shares, then sold a total of 5,894 common shares in open-market transactions, some of which were automatically sold to cover tax withholding on vested RSUs.
Did the PTCT executive’s transactions include option exercises?
Yes, he exercised a stock option covering 2,813 shares of PTC Therapeutics common stock. The exercise is reported as a derivative transaction, with the corresponding issuance of 2,813 common shares, and the option position remaining at 22,501 currently exercisable options after the transaction.