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Shareholder of PTGX (NASDAQ: PTGX) plans 20,000-share Rule 144 sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PTGX shareholder plans to sell 20,000 shares of common stock under Rule 144 through Morgan Stanley Smith Barney on or about 02/06/2026, with the shares listed on NASDAQ.

The planned sale has an aggregate market value of $1,673,672.00. Shares outstanding were 62,515,666; this is a baseline figure, not the amount being sold. The seller acquired the 20,000 shares the same day by exercising a stock option and paid the purchase price in cash.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the PTGX Form 144 filing disclose about planned share sales?

The filing shows a PTGX shareholder plans to sell 20,000 common shares under Rule 144. The transaction is routed through Morgan Stanley Smith Barney, with an aggregate market value of $1,673,672 and the shares traded on NASDAQ.

How many PTGX shares are involved in the Rule 144 sale and what is their value?

The notice covers 20,000 PTGX common shares with an aggregate market value of $1,673,672. This amount reflects the planned sale reported in the filing and is separate from the 62,515,666 total shares outstanding of the issuer.

How were the PTGX shares being sold under Rule 144 acquired?

The 20,000 PTGX shares were acquired via a stock option exercise on 02/06/2026. The filing states the seller obtained these common shares directly from the issuer and fully paid for them in cash on the same date as the acquisition.

Which broker is handling the PTGX Rule 144 share sale?

The planned PTGX share sale is being handled by Morgan Stanley Smith Barney LLC Executive Financial Services. The broker’s listed address is 1 New York Plaza, 8th Floor, New York, NY 10004, and the shares are identified for trading on NASDAQ.

What does the PTGX seller represent about non-public information in this Rule 144 notice?

By signing the notice, the seller represents they do not know any material adverse information about PTGX’s current or prospective operations that has not been publicly disclosed, consistent with the representation language required in a Rule 144 filing.
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