HRT Financial (SHPH) reports mixed SHPH share trades in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shuttle Pharmaceuticals Holdings, Inc. reported that significant shareholder HRT Financial LP made offsetting trades in its common stock. On July 2, HRT Financial LP executed an open-market purchase of 7,851 shares at $3.54 per share. On July 6, it executed an open-market sale of 9,022 shares at $3.51 per share, resulting in a modest net reduction of its position. Following these transactions, HRT Financial LP directly held 81,385 shares of Shuttle Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,171 shares ($31,667)
Net Sell
2 txns
Insider
HRT FINANCIAL LP
Role
null
Bought
7,851 shs ($28K)
Sold
9,022 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,022 | $3.51 | $32K |
| Purchase | Common Stock | 7,851 | $3.54 | $28K |
Holdings After Transaction:
Common Stock — 81,385 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 7,851 shares
Purchase price: $3.54 per share
Shares sold: 9,022 shares
+3 more
6 metrics
Shares purchased
7,851 shares
Open-market purchase at $3.54 on July 2
Purchase price
$3.54 per share
Common stock open-market purchase on July 2
Shares sold
9,022 shares
Open-market sale at $3.51 on July 6
Sale price
$3.51 per share
Common stock open-market sale on July 6
Net share change
-1,171 shares
Net of reported buys and sells
Shares owned after
81,385 shares
Direct common stock holdings following transactions
Key Terms
open-market sale, open-market purchase, ten percent owner
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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"
FAQ
What insider activity did HRT Financial LP report for Shuttle Pharmaceuticals (SHPH)?
HRT Financial LP reported both buying and selling SHPH shares. It purchased 7,851 common shares at $3.54 and sold 9,022 shares at $3.51 in open-market trades, resulting in a small net decrease in its holdings.