PTC Therapeutics (PTCT) CTO spouse sells shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC THERAPEUTICS, INC. executive Neil Gregory Almstead, the Chief Technical Operations Officer, reported an indirect open-market sale of common stock by his spouse. On March 5, 2026, his spouse sold 3,989 shares of common stock at $63.38 per share in a sale classified as an open-market or private transaction.
This transaction was carried out under a written Rule 10b5-1 trading plan adopted by Almstead on November 26, 2025. Following the sale, his spouse held 2,737 shares of common stock indirectly, while Almstead held an additional 112,140 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,989 shares ($252,823)
Net Sell
2 txns
Insider
Almstead Neil Gregory
Role
CHIEF TECHNICAL OPS OFFICER
Sold
3,989 shs ($253K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,989 | $63.38 | $253K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,737 shares (Indirect, By Spouse);
Common Stock — 112,140 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PTCT executive Neil Gregory Almstead report?
Neil Gregory Almstead reported his spouse’s sale of 3,989 shares of PTC Therapeutics common stock. The shares were sold on March 5, 2026, in an open-market or private transaction at $63.38 per share, under a pre-arranged Rule 10b5-1 trading plan.
Was the PTCT insider sale by Neil Gregory Almstead’s spouse under a Rule 10b5-1 plan?
Yes. The sale of 3,989 PTC Therapeutics shares by Neil Gregory Almstead’s spouse was executed under a written Rule 10b5-1 trading plan. The plan was adopted by Almstead on November 26, 2025, before the March 5, 2026 sale date disclosed in the filing.
What type of transaction was reported in Neil Gregory Almstead’s PTCT Form 4?
The Form 4 reports an open-market sale of PTC Therapeutics common stock, coded as a “S” transaction. It involved 3,989 shares sold at $63.38 per share on March 5, 2026, and is described as a sale in an open market or private transaction.