SPANA CARL sold PTN
July 30, 2024 · Form 4 insider transaction
SPANA CARL sold 5,948 shares of Palatin Technologies, Inc. at $1.88 per share, a transaction worth $11.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
5,948
Price
$1.88
Total value
$11.2K
InsiderSPANA CARL
RoleOfficer, Director
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateJuly 30, 2024
Filing dateJuly 31, 2024
Shares owned after266,515
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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 20, 2024, the date of vesting. The grant of the underlying 16,500 time-based restricted share units which vested on June 20, 2024, was reported on Form 4 filed on June 22, 2023.