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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,034 | $76.45 | $79K |
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 2,900 RSUs from a January 7, 2022 grant of 11,600 RSUs.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.