PTC Therapeutics (NASDAQ: PTCT) SVP sells 1,034 shares
Rhea-AI Filing Summary
PTC Therapeutics senior vice president and chief accounting officer Christine Marie Utter reported an automatic sale of 1,034 shares of common stock on January 8, 2026 at $76.45 per share. The filing explains these shares were sold under an irrevocable "sell to cover" election to satisfy tax withholding obligations tied to the vesting of 2,900 restricted stock units from a January 7, 2022 grant of 11,600 RSUs. After this tax-related sale, she beneficially owned 72,693 shares of PTC Therapeutics common stock.
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FAQ
Who is the insider in the PTC Therapeutics (PTCT) Form 4 filing?
The insider is Christine Marie Utter, who serves as SVP, Chief Accounting Officer of PTC Therapeutics, Inc.
How many PTC Therapeutics (PTCT) shares were sold in this Form 4?
The Form 4 reports the sale of 1,034 shares of PTC Therapeutics common stock.
What was the sale price for the PTC Therapeutics (PTCT) shares?
The 1,034 shares were sold at a price of $76.45 per share.
Why were the PTC Therapeutics (PTCT) shares sold according to the Form 4?
The filing states the shares were automatically sold under an irrevocable sell-to-cover election to satisfy tax withholding obligations related to the vesting of 2,900 RSUs from a January 7, 2022 grant of 11,600 RSUs.
How many PTC Therapeutics (PTCT) shares does the insider own after the transaction?
Following the reported sale, Christine Marie Utter beneficially owned 72,693 shares of PTC Therapeutics common stock.
Is the PTC Therapeutics (PTCT) Form 4 transaction a direct or indirect holding?
The Form 4 indicates that the ownership of the reported shares is direct (D), not through an indirect entity.
What type of security is involved in this PTC Therapeutics (PTCT) Form 4?
The transaction involves PTC Therapeutics common stock, reported as a non-derivative security in Table I of the Form 4.