Director at Protagonist (PTGX) exercises options and sells 24K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Protagonist Therapeutics director Harold E. Selick reported an option exercise and share sale. He exercised stock options for 24,000 shares of common stock at $12.88 per share, converting fully vested options into common shares.
On the same date, he then sold 24,000 common shares at $105.00 per share in an open-market transaction. Following these transactions, Selick directly holds 60,845 shares of Protagonist Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,000 shares ($2,520,000)
Net Sell
3 txns
Insider
SELICK HAROLD E
Role
Director
Sold
24,000 shs ($2.52M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 24,000 | $0.00 | -- |
| Exercise | Common Stock | 24,000 | $12.88 | $309K |
| Sale | Common Stock | 24,000 | $105.00 | $2.52M |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 84,845 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Protagonist Therapeutics (PTGX) director Harold Selick report?
Harold E. Selick reported exercising options for 24,000 Protagonist Therapeutics shares at $12.88, then selling 24,000 common shares at $105.00. After these transactions, he directly holds 60,845 Protagonist Therapeutics common shares.
What stock options did Harold Selick exercise in Protagonist Therapeutics (PTGX)?
Harold E. Selick exercised stock options covering 24,000 shares of Protagonist Therapeutics common stock at an exercise price of $12.88 per share. The filing notes these stock options are fully vested at the time of the transaction.
Was Harold Selick’s Protagonist Therapeutics (PTGX) transaction an open-market sale?
Yes. The Form 4 describes Harold E. Selick’s disposition of 24,000 Protagonist Therapeutics common shares as a sale in the open market or a private transaction, using transaction code "S" for an open-market sale.
Did Harold Selick retain any exercised options in Protagonist Therapeutics (PTGX)?
The reported options for 24,000 shares were exercised in full, and the derivative section shows no remaining derivative positions from this grant. After the exercise and related sale, his remaining exposure is through 60,845 directly held common shares.