SPANA CARL sold PTN
July 30, 2024 · Form 4 insider transaction
SPANA CARL sold 5,056 shares of Palatin Technologies, Inc. at $1.88 per share, a transaction worth $9.5K. 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
5,056
Price
$1.88
Total value
$9.5K
InsiderSPANA CARL
RoleOfficer, Director
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateJuly 30, 2024
Filing dateJuly 31, 2024
Shares owned after261,459
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 22, 2024, the date of vesting. The grant and vesting of the underlying 14,025 restricted share units was reported on Form 4 filed on July 16, 2024, with a transaction date of June 4, 2024.