WILLS STEPHEN T bought PTN
June 13, 2025 · Form 4 insider transaction
WILLS STEPHEN T bought 1,500 shares of Palatin Technologies, Inc. at $150000.00 per share, a transaction worth $225.00M. 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
1,500
Price
$150000.00
Total value
$225.00M
InsiderWILLS STEPHEN T
RoleOfficer
SecuritySeries D Preferred Stock
Transaction codeP: Open-market purchase
Transaction dateJune 13, 2025
Filing dateJune 17, 2025
Shares owned after1,640,756
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 1,363,636 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.