Director at TG Therapeutics (TGTX) makes bona fide stock gifts to children
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TG Therapeutics director Laurence N. Charney reported two bona fide gifts of the company's Common Stock to his children. He gifted 30,000 shares on 01/28/2026 and 13,197 shares on 01/29/2026, both at a reported price of $0 per share.
After these gifts, Charney beneficially owned 192,887 shares and then 179,690 shares of Common Stock, held directly. This amount includes shares of restricted stock that vest over various time periods. The gifts were structured so he does not retain beneficial ownership or pecuniary interest in the transferred shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,197 shares gifted
Mixed
2 txns
Insider
Charney Laurence N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 13,197 | $0.00 | -- |
| Gift | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 179,690 shares (Direct)
Footnotes (1)
- Represents a bona fide gift by the Reporting Person to the Reporting Person's children. 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. Includes shares of restricted Common Stock, which vest over various time periods.
FAQ
What insider transaction did TG Therapeutics (TGTX) report for Laurence N. Charney?
TG Therapeutics director Laurence N. Charney reported two bona fide gifts of Common Stock to his children. He transferred 30,000 shares on January 28, 2026, and 13,197 shares on January 29, 2026, with a reported price of $0 per share for each gift.
Was the TG Therapeutics (TGTX) Form 4 transaction a sale or a gift?
The Form 4 transaction was a bona fide gift, not a sale. Charney transferred shares of TG Therapeutics Common Stock to his children and, according to the disclosure, he does not retain any beneficial ownership or pecuniary interest in the gifted shares after the transfers.
What is transaction code G in the TG Therapeutics (TGTX) Form 4?
In this Form 4, transaction code G is used for the reported transfers and is described as bona fide gifts. The filing specifies that the transfers were gifts of TG Therapeutics Common Stock to the reporting persons children, with no retained beneficial ownership.