PTGX CEO sells shares to cover tax withholding
Protagonist Therapeutics, Inc. President and CEO Dinesh V. Patel reported a sale of company common stock in a Form 4 filing.
Rhea-AI Filing Summary
Protagonist Therapeutics, Inc. President and CEO Dinesh V. Patel reported a sale of company common stock in a Form 4 filing. On January 20, 2026, he sold 34,438 shares of Protagonist Therapeutics common stock at a price of $82.48 per share, reported as a direct ownership transaction.
According to the footnote, the sale was made to cover tax withholding obligations incurred when restricted stock units settled, meaning it was tied to an equity award rather than an open-market discretionary sale of his broader holdings. After this transaction, Patel directly beneficially owned 580,505 shares of Protagonist Therapeutics common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 34,438 | $82.48 | $2.84M |
Footnotes (1)
- F1. Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units.
FAQ
What insider transaction did Protagonist Therapeutics (PTGX) report for its CEO?
The Form 4 shows that Dinesh V. Patel, President and CEO of Protagonist Therapeutics, reported a sale of 34,438 shares of the company’s common stock on January 20, 2026.
What is Dinesh V. Patel’s role and relationship to Protagonist Therapeutics (PTGX)?
Dinesh V. Patel is reported as a Director and as an Officer of Protagonist Therapeutics, serving as President and CEO in the Form 4 filing.
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