Planned sale of 8,588 PTGX (NASDAQ: PTGX) shares disclosed in Form 144
Rhea-AI Filing Summary
A holder of the issuer’s common stock has filed a notice of proposed sale under Rule 144 for 8,588 shares. The planned sale is to be executed through Morgan Stanley Smith Barney on or about 01/20/2026, with an indicated aggregate market value of 708,338.24. The issuer reports 62,515,666 shares outstanding, which is a baseline figure for the company’s equity.
The shares to be sold were acquired as restricted stock vesting under a registered plan from the issuer on 01/20/2026, as compensation for services rendered. By signing the notice, the seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does the Form 144 filing for PTGX disclose?
The Form 144 shows that a holder of common stock of the issuer intends to sell 8,588 shares under Rule 144 through Morgan Stanley Smith Barney, with an aggregate market value of 708,338.24 and a planned sale date of 01/20/2026.
What representation does the selling person make in the PTGX Form 144?
By signing, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
Which broker is handling the proposed PTGX Rule 144 sale?
The filing lists Morgan Stanley Smith Barney Operations Department, located at 2000 Westchester Ave, Purchase, NY 10577-2530, as the broker for the proposed sale.