PTC Therapeutics (PTCT) chief business officer reports tax sell-to-cover stock sales
Rhea-AI Filing Summary
PTC Therapeutics, Inc. (PTCT) chief business officer Eric Pauwels reported automatic sales of common stock to cover tax withholding from restricted stock unit (RSU) vesting. On January 6, 2026, he sold 1,789 shares of common stock at $76.95 per share. On January 7, 2026, he sold an additional 1,352 shares at $77.48 per share. Both transactions were executed under an irrevocable sell-to-cover election entered into when the RSU grants were accepted and were made to satisfy tax withholding obligations tied to the vesting of RSUs granted in January 2023 and January 2025. After these transactions, Pauwels directly beneficially owned 87,489 shares of PTC Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,352 | $77.48 | $105K |
| Sale | Common Stock | 1,789 | $76.95 | $138K |
Footnotes (1)
- 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 5,500 RSUs from a January 3, 2025 grant of 22,000 RSUs. 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 January 5, 2023 grant of 18,000 RSUs.
FAQ
What insider activity did PTC Therapeutics (PTCT) report in this Form 4?
The filing reports that Eric Pauwels, chief business officer of PTC Therapeutics, Inc., sold small blocks of common stock in two transactions on January 6 and 7, 2026, in connection with RSU vesting.
Is this PTC Therapeutics (PTCT) Form 4 filed by a director or an officer?
The reporting person, Eric Pauwels, is identified as an officer of PTC Therapeutics with the title chief business officer, and the form is filed by one reporting person.