Form 4: Phio Pharmaceuticals Director Patricia A. Bradford Acquires 8,000 Shares
SEC Form 4 Filing
Patricia A. Bradford, a director of Phio Pharmaceuticals Corp., acquired 8,000 shares of common stock on September 11, 2024, through a restricted stock unit grant.
Summary
- On September 11, 2024, Patricia A. Bradford, a director of Phio Pharmaceuticals Corp., acquired 8,000 shares of common stock.
- The acquisition was made through a grant of restricted stock units.
- These shares will vest on the first annual anniversary of the grant.
- Following the transaction, Bradford beneficially owns 8,000 shares, including shares underlying unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of transaction: Patricia A. Bradford acquired 8,000 shares of Phio Pharmaceuticals Corp. |
| 09/12/2024 | Date of signature: Robert M. Infarinato, Attorney-in-fact, signed the Form 4 on behalf of Patricia A. Bradford. |
Keywords
Phio Pharmaceuticals, Director, Share Acquisition, Patricia A. Bradford, Restricted Stock Units, Beneficial Ownership, Form 4
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