DUNTON ALAN W bought PTN
June 13, 2025 · Form 4 insider transaction
DUNTON ALAN W bought 200 shares of Palatin Technologies, Inc. at $20000.00 per share, a transaction worth $4.00M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
200
Price
$20000.00
Total value
$4.00M
InsiderDUNTON ALAN W
RoleDirector
SecuritySeries D Preferred Stock
Transaction codeP: Open-market purchase
Transaction dateJune 13, 2025
Filing dateJune 17, 2025
Shares owned after224,112
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 181,818 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock.