July 30, 2024 · Form 4 insider transaction
SPANA CARL sold 2,331 shares of Palatin Technologies, Inc. at $1.82 per share, a transaction worth $4.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 16, 2024, the date of vesting. The grant of the underlying 6,465 time-based restricted share units which vested on June 16, 2024, with one-half the total shares reported on Form 4 filed on June 18, 2020, and the remaining one-half of the total shares reported on Form 4 filed on June 25, 2020.