PTCT Form 4: Director exercises options, now holds 6,666 shares
Rhea-AI Filing Summary
PTC Therapeutics director reports stock option exercise and sale. A board member of PTC Therapeutics, Inc. (PTCT) exercised stock options for 10,000 shares of common stock at an exercise price of $51.16 per share on 11/21/2025. On the same day, the director sold 10,000 shares of common stock at a price of $79.50 per share. After these transactions, the director beneficially owned 6,666 shares of PTCT common stock directly. The option exercise was reported as a stock option (right to buy) that was already exercisable and carries an expiration date of 01/28/2030. The filing notes that the transactions were carried out under a pre‑established Rule 10b5‑1 trading plan adopted on March 4, 2025, which is designed to allow trading under predetermined conditions.
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FAQ
What insider transaction did PTC Therapeutics (PTCT) report in this Form 4?
The filing shows a director of PTC Therapeutics (PTCT) exercised stock options for 10,000 shares at $51.16 per share and sold 10,000 shares at $79.50 per share on 11/21/2025.
How many PTC Therapeutics (PTCT) shares does the director own after the transactions?
After the reported transactions, the director beneficially owned 6,666 shares of PTC Therapeutics common stock in direct ownership.
What type of derivative security was involved in the PTC Therapeutics (PTCT) Form 4?
The derivative security was a stock option (right to buy) for 10,000 shares of PTCT common stock with an exercise price of $51.16 per share and an expiration date of 01/28/2030.
Were the PTC Therapeutics (PTCT) insider trades under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a written Rule 10b5-1 plan adopted by the reporting person on March 4, 2025.
What is the relationship of the reporting person to PTC Therapeutics (PTCT)?
The reporting person is identified as a director of PTC Therapeutics, Inc. and filed the Form 4 as a single reporting person.
On what date did the earliest reported PTC Therapeutics (PTCT) transaction occur?
The earliest transaction date reported in this Form 4 is 11/21/2025.