HRT Financial (SHPH) adds 32,591 Shuttle Pharma shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HRT Financial LP, a ten percent owner of Shuttle Pharmaceuticals Holdings, Inc., reported two open-market purchases of common stock. It bought 25,836 shares at $3.44 per share on June 29 and 6,755 shares at $3.23 per share on June 30. After these trades, HRT Financial LP directly holds 78,597 shares of Shuttle Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,591 shares ($110,694)
Net Buy
2 txns
Insider
HRT FINANCIAL LP
Role
null
Bought
32,591 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,755 | $3.23 | $22K |
| Purchase | Common Stock | 25,836 | $3.44 | $89K |
Holdings After Transaction:
Common Stock — 78,597 shares (Direct, null)
Footnotes (1)
Key Figures
Shares bought June 29: 25,836 shares
Shares bought June 30: 6,755 shares
Total shares bought: 32,591 shares
+3 more
6 metrics
Shares bought June 29
25,836 shares
Open-market purchase at $3.44 per share
Shares bought June 30
6,755 shares
Open-market purchase at $3.23 per share
Total shares bought
32,591 shares
Sum of June 29 and June 30 purchases
Holdings after June 30
78,597 shares
Direct ownership of common stock after latest trade
Price per share June 29
$3.44/share
Open-market purchase price
Price per share June 30
$3.23/share
Open-market purchase price
Key Terms
open-market purchase, ten percent owner, Form 4, Common Stock
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ten percent owner financial
"is_ten_percent_owner: 1"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
Common Stock financial
"security_title: Common Stock"
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.
FAQ
What insider activity did HRT Financial LP report for SHPH?
HRT Financial LP reported buying Shuttle Pharmaceuticals common stock in the open market. It made two purchases totaling 32,591 shares, increasing its direct holdings to 78,597 shares according to the Form 4 filing.
What is HRT Financial LP’s total SHPH ownership after these trades?
Following the reported open-market purchases, HRT Financial LP directly owns 78,597 shares of Shuttle Pharmaceuticals common stock. This total reflects the holdings shown after the June 30 transaction in the Form 4 disclosure.
Were the SHPH insider transactions open-market purchases or something else?
Both reported transactions were open-market purchases of Shuttle Pharmaceuticals common stock. The Form 4 uses transaction code “P,” described as a purchase in an open market or private transaction, with no derivative exercises shown.