PTC Therapeutics (PTCT) legal chief discloses planned stock sales
Rhea-AI Filing Summary
PTC Therapeutics executive Mark Elliott Boulding reported multiple open-market sales of company common stock. As Executive Vice President and Chief Legal Officer, he filed a Form 4 showing several sales on January 8 and 9, 2026 at per-share prices in the mid-to-high $70s. Individual transactions included sales such as 2,482 shares at a weighted average price of $76.56 and 1,521 shares at a weighted average price of $77.46, with all shares held directly.
After the reported sales, Boulding beneficially owned slightly more than 111,000 shares of PTC Therapeutics common stock. One block of 1,286 shares was automatically sold under an irrevocable “sell to cover” election to satisfy tax withholding tied to the vesting of 3,600 restricted stock units from a 2022 equity grant. The filing notes that the sales were carried out under a written Rule 10b5‑1 trading plan adopted on December 4, 2024, with several prices disclosed as weighted averages over narrow trading ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,521 | $77.46 | $118K |
| Sale | Common Stock | 686 | $78.71 | $54K |
| Sale | Common Stock | 107 | $79.52 | $9K |
| Sale | Common Stock | 2,482 | $76.56 | $190K |
| Sale | Common Stock | 265 | $77.07 | $20K |
| Sale | Common Stock | 1,286 | $76.45 | $98K |
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 $75.95 to $76.92 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 $76.99 to $77.23 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 to satisfy tax withholding obligations in connection with the vesting of 3,600 RSUs from a January 7, 2022 grant of 14,400 RSUs. This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $77.12 to $78.08 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 $78.23 to $79.21 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 $79.35 to $79.60 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
Who reported insider transactions in PTC Therapeutics (PTCT) on this Form 4?
The reporting person is Mark Elliott Boulding, who serves as Executive Vice President and Chief Legal Officer of PTC Therapeutics, Inc.
What type of PTC Therapeutics (PTCT) securities were involved in the Form 4?
The transactions involved PTC Therapeutics common stock, reported in Table I as non-derivative securities acquired, disposed of, or beneficially owned.
When did the reported PTC Therapeutics (PTCT) insider sales occur and at what prices?
The sales occurred on January 8 and 9, 2026. Examples include 2,482 shares sold at a weighted average price of $76.56 per share and 1,521 shares sold at a weighted average price of $77.46 per share, with other trades reported in the mid-to-high $70s.
Were the PTC Therapeutics (PTCT) insider trades executed under a Rule 10b5-1 trading plan?
According to the explanation of responses, one transaction was effected pursuant to a written Rule 10b5-1 plan adopted by the reporting person on December 4, 2024. The Form 4 also provides a checkbox reference for Rule 10b5-1(c) transactions.
How are the reported PTC Therapeutics (PTCT) sale prices described on the Form 4?
The per-share prices reported for several transactions are weighted average prices for multiple trades. Footnotes explain that the trades occurred within specified price ranges, and the reporting person undertakes to provide full trade-by-trade detail upon request.