Protagonist director Waddill sells 20K PTGX shares
Protagonist Therapeutics director William D. Waddill reported an option exercise and share sale on February 6, 2026.
Rhea-AI Filing Summary
Protagonist Therapeutics director William D. Waddill reported an option exercise and share sale on February 6, 2026. He exercised 20,000 stock options at an exercise price of $8.31 per share and acquired 20,000 common shares.
On the same date, he sold 20,000 common shares at a weighted average price of $83.68 per share, in multiple trades between $83.65 and $83.87. After these transactions, he directly owned 7,825 shares of common stock, and the reported stock options were fully exercised with 0 options remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 20,000 shares ($1.51M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Waddill William D.
Role
Director
Sold
20,000 shs ($1.67M)
Approx. gross sale proceeds
$1.67M
Approx. exercise cost
$166K
Approx. pre-tax spread
$1.51M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 20,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,000 | $8.31 | $166K |
| Sale | Common Stock | 20,000 | $83.68 | $1.67M |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 7,825 shares (Direct)
Footnotes (2)
- F1. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $83.65 to $83.87. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F2. These stock options are fully vested.
FAQ
What insider transaction did PTGX director William D. Waddill report?
William D. Waddill reported exercising 20,000 stock options and selling 20,000 Protagonist Therapeutics common shares on February 6, 2026. The filing shows both the option exercise price and the weighted average sale price, along with his remaining directly owned share balance afterward.
What happened to William D. Waddill’s Protagonist Therapeutics stock options?
He exercised 20,000 stock options with a $8.31 exercise price on February 6, 2026. The filing states these stock options are fully vested and shows zero derivative securities beneficially owned following the reported transaction, indicating the options were fully exercised.
What does the weighted average sale price mean in Waddill’s PTGX Form 4?
The weighted average sale price of $83.68 per share reflects multiple sale transactions between $83.65 and $83.87. The filing notes that detailed trade-level pricing information will be provided upon request to the SEC staff, the issuer, or any security holder.
Is William D. Waddill a director or officer of Protagonist Therapeutics (PTGX)?
William D. Waddill is identified as a director of Protagonist Therapeutics in the Form 4. The filing does not list him as an officer or 10% owner, and it specifies that the report is filed by one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.