Tonix (TNXP) Director Reports 418-Share Purchase at $36.03
Rhea-AI Filing Summary
Tonix Pharmaceuticals insider purchase by Director Carolyn E. Taylor: The reported transaction shows Director Carolyn E. Taylor acquired 418 shares of Tonix Pharmaceuticals Holding Corp. common stock at a weighted-average purchase price of $36.03 per share, with individual purchase prices ranging from $35.98 to $36.05. The transaction is reported as a direct purchase under Rule 16 reporting. The filing was submitted by an attorney-in-fact on behalf of the reporting person. No derivative transactions, dispositions, or additional holdings beyond the 418 shares are disclosed in this Form 4.
Positive
- Insider purchase disclosed, indicating transparency in compliance with Section 16 reporting requirements
- Clear pricing detail provided: weighted-average price $36.03 and actual prices ranged from $35.98 to $36.05
Negative
- None.
Insights
TL;DR Director acquired a small number of shares at market prices; immaterial to company capitalization but relevant for insider activity tracking.
This Form 4 reports a straight purchase of 418 shares by a company director at an average price of $36.03 per share, with execution prices between $35.98 and $36.05. The disclosure is limited to a single non-derivative acquisition and identifies direct beneficial ownership. From a market-impact perspective, the transaction size appears small relative to typical public-company float and does not indicate any change in control or significant capital transfer. The filing fulfills Section 16 reporting requirements and provides transparency on insider behavior without revealing a trading plan or material strategic information.
TL;DR Routine insider purchase disclosure by a director; complies with reporting rules and adds transparency to insider holdings.
The report documents a non-derivative purchase by a director, filed individually and signed by an attorney-in-fact. The acquisition of 418 shares at an average of $36.03 is a straightforward transaction and is clearly described, including the range of actual prices paid. There are no accompanying derivative grants, disposals, or indications of a Rule 10b5-1 plan in the text provided. For governance monitoring, this is a standard disclosure that updates the director's stake without indicating governance changes or related-party transactions.