Director gifts 6,050 TG Therapeutics (TGTX) shares to 501(c)(3)
Rhea-AI Filing Summary
TG Therapeutics director Laurence N. Charney reported three bona fide gifts of Common Stock totaling 6,050 shares on August 6–7, 2026. The shares were transferred at $0.00 per share to a 501(c)(3) institution, and he retains no beneficial ownership or pecuniary interest in the gifted stock. Remaining holdings are noted as including restricted Common Stock that vests over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,050 shares
Net Sell
3 txns
Insider
Charney Laurence N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 500 | $0.00 | $0.00 |
| Gift | Common Stock F1, F2 | 450 | $0.00 | $0.00 |
| Gift | Common Stock F1, F2 | 5,100 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 173,640 shares (Direct)
Footnotes (2)
- F1. 1. Represents a bona fide gift by the Reporting Person to a 501(c)(3) institution. The Reporting Person does not retain any beneficial ownership or pecuniary interest over the shares of the Company's Common Stock after effecting the transaction.
- F2. 2. Includes shares of restricted Common Stock, which vest over various time periods.
Key Figures
Total shares gifted: 6050 shares
Shares gifted on 2026-08-06: 5100 shares
First gift on 2026-08-07: 500 shares
+2 more
5 metrics
Total shares gifted
6050 shares
Aggregate bona fide gifts of Common Stock on August 6–7, 2026
Shares gifted on 2026-08-06
5100 shares
Bona fide gift of Common Stock on August 6, 2026
First gift on 2026-08-07
500 shares
Bona fide gift of Common Stock on August 7, 2026
Second gift on 2026-08-07
450 shares
Additional bona fide gift of Common Stock on August 7, 2026
Gift price per share
$0.0000
Price per share for all reported bona fide gifts
Key Terms
bona fide gift, 501(c)(3) institution, restricted Common Stock
3 terms
bona fide gift financial
"transaction code "G" is described as a bona fide gift transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
501(c)(3) institution regulatory
"bona fide gift by the Reporting Person to a 501(c)(3) institution"
restricted Common Stock financial
"Includes shares of restricted Common Stock, which vest over various time periods"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did TGTX director Laurence N. Charney report?
Laurence N. Charney reported three bona fide gifts of TG Therapeutics Common Stock, totaling 6,050 shares, dated August 6–7, 2026. All shares were transferred at $0.00 per share to a 501(c)(3) institution.
Were these TGTX gifts made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not marked, and the transactions are reported as bona fide gifts of Common Stock. The report does not characterize them as trades executed under a pre-arranged Rule 10b5-1 trading plan.
What type of security was involved in Laurence N. Charney's TGTX Form 4?
All reported transactions involve TG Therapeutics Common Stock as non-derivative securities. A footnote adds that remaining holdings include shares of restricted Common Stock, which vest over various time periods, though specific remaining share counts are not detailed here.