Director at Turn Therapeutics (TTRX) makes bona fide gift of 300,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turn Therapeutics Inc. director Arthur F. Golden reported a bona fide gift of 300,000 shares of Common Stock. The shares were transferred at a reported price of $0.0000 per share, reflecting a non-market, no‑consideration disposition. Following the gift, he directly holds 360,602 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
300,000 shares gifted
Mixed
1 txn
Insider
GOLDEN ARTHUR F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 300,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 360,602 shares (Direct)
Footnotes (1)
Key Figures
Shares gifted: 300,000 shares
Reported price per share: $0.0000 per share
Shares held after transaction: 360,602 shares
+2 more
5 metrics
Shares gifted
300,000 shares
Bona fide gift of Common Stock
Reported price per share
$0.0000 per share
Gift transfer of Common Stock
Shares held after transaction
360,602 shares
Director’s direct Common Stock holdings post-gift
Gift transactions
1 transaction
Bona fide gift coded G in Form 4
Gifted shares total
300,000 shares
GiftShares in transaction summary
Key Terms
bona fide gift, Common Stock, Form 4, transaction code G, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
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.
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.
transaction code G financial
"transaction_code: "G""
direct ownership financial
"ownership_type: "direct""
FAQ
What insider transaction did Turn Therapeutics (TTRX) disclose in this Form 4?
Turn Therapeutics reported that director Arthur F. Golden made a bona fide gift of 300,000 shares of Common Stock. This was a non-market transfer with no cash consideration, classified as a gift disposition rather than an open-market sale or purchase.
Was the Turn Therapeutics (TTRX) insider transaction a market sale or purchase?
The transaction was not a market sale or purchase. It is coded G in the filing, meaning a bona fide gift, with 300,000 Common Stock shares transferred at a reported price of $0.0000 per share, indicating no cash proceeds from the transfer.
Who carried out the reported insider transaction at Turn Therapeutics (TTRX)?
The reported transaction was carried out by Arthur F. Golden, a director of Turn Therapeutics Inc. The Form 4 shows he disposed of 300,000 Common Stock shares via a bona fide gift and now directly owns 360,602 shares following the transaction.