Protagenic Therapeutics (PTIX) chair purchases 26,291 company shares
Rhea-AI Filing Summary
Protagenic Therapeutics, Inc. executive chair and principal officer Armen Garo purchased 26,291 shares of common stock on July 30, 2026 at $0.1828 per share in an open-market or private transaction. After this trade, he holds 26,291 Protagenic Therapeutics shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,291 shares
Net Buy
1 txn
Insider
ARMEN GARO H
Role
EXEC. CHAIR & PRINCIPAL OFF.
Bought
26,291 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 26,291 | $0.1828 | $5K |
Holdings After Transaction:
COMMON STOCK — 26,291 shares (Direct)
Key Figures
Shares purchased: 26,291 shares
Purchase price: $0.1828 per share
Direct holdings after trade: 26,291 shares
+1 more
4 metrics
Shares purchased
26,291 shares
Common stock bought by executive chair on July 30, 2026
Purchase price
$0.1828 per share
Price paid for PTIX common stock in reported transaction
Direct holdings after trade
26,291 shares
Total common shares directly owned by Armen Garo after purchase
Net insider share change
26,291 shares
Net buy shares reported across all transactions in this Form 4
Key Terms
open market or private transaction, direct ownership, Rule 10b5-1
3 terms
open market or private transaction financial
"Purchase in open market or private transaction"
direct ownership financial
"total_shares_following_transaction ... direct_or_indirect: "D""
Rule 10b5-1 financial
"The Form 4’s specific checkbox for Rule 10b5-1 plans was left unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was the recent PTIX insider trade a purchase or a sale?
The recent insider trade by Protagenic Therapeutics executive chair Armen Garo was a purchase. He acquired 26,291 shares of common stock at $0.1828 per share, categorized as a purchase in an open-market or private transaction under SEC transaction code “P.”
Is the PTIX insider purchase reported under a Rule 10b5-1 plan?
The transaction is not reported as being made under a Rule 10b5-1 trading plan. The Form 4’s specific checkbox for Rule 10b5-1 plans was left unchecked, indicating the purchase was not designated as pursuant to such a pre-arranged plan.