CEO of Protagonist (NASDAQ: PTGX) makes bona fide share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Protagonist Therapeutics, Inc. President and CEO Dinesh V. Patel, Ph.D. reported a bona fide gift of 1,460 shares of Common Stock to family and friends. The transaction carried a reported price of $0.00 per share, reflecting that no sale proceeds were received.
Following this gift transfer, Patel directly holds 523,478 shares of Protagonist Therapeutics Common Stock. The filing shows no option exercises or open-market purchases or sales in this transaction, only the non-cash gift disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,460 shares gifted
Mixed
1 txn
Insider
PATEL DINESH V PH D
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,460 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 523,478 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 1,460 shares
Reported gift price: $0.00 per share
Shares held after transaction: 523,478 shares
+1 more
4 metrics
Shares gifted
1,460 shares
Common Stock bona fide gift on 2026-04-23
Reported gift price
$0.00 per share
Price for 1,460 gifted shares
Shares held after transaction
523,478 shares
Direct Common Stock ownership following gift
Gift transactions count
1 transaction
Form 4 transaction summary giftCount
Key Terms
bona fide gift, Common Stock, Form 4
3 terms
bona fide gift financial
"This transaction involves a bona fide gift of securities from the Reporting Person to family and friends."
Common Stock financial
"security_title: "Common Stock" for the reported transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): transaction reported by the CEO."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Protagonist Therapeutics (PTGX) CEO report in this Form 4?
The CEO of Protagonist Therapeutics, Dinesh V. Patel, Ph.D., reported a bona fide gift of 1,460 shares of Common Stock. The filing describes this as a non-cash transfer to family and friends, with no sale proceeds and no option exercises involved.
Was the Protagonist Therapeutics (PTGX) CEO’s Form 4 a stock sale or a gift?
The Form 4 reflects a bona fide gift, not a market sale. Transaction code G and the footnote both describe a gift of 1,460 shares of Common Stock from the CEO to family and friends, with a reported price of $0.00 per share.
Did the Protagonist Therapeutics (PTGX) CEO receive cash from this Form 4 transaction?
No cash was reported as received in this transaction. The Form 4 lists a transaction price of $0.00 per share for the 1,460 gifted shares, indicating a non-cash, bona fide gift transfer to family and friends rather than an open-market sale.