4/A: Precipio Director Corrects Share Ownership Filing
Amendment to Insider Ownership Report
Precipio, Inc. Director Jeffrey Cossman filed an amended Form 4 to correct an administrative error in his previously reported beneficial ownership of common stock.
Summary
- Jeffrey Cossman, a Director of Precipio, Inc. (PRPO), filed an amended Form 4/A on January 20, 2026.
- The amendment corrects an administrative reporting error in his original Form 4 filed on October 16, 2025.
- The original filing understated his aggregate beneficial ownership by 93 shares.
- No additional transactions occurred beyond those previously reported in the original filing.
- Following this correction, Mr. Cossman's direct beneficial ownership stands at 15,340 shares of common stock.
- The underlying transaction on October 15, 2025, involved the acquisition of 597 shares of common stock at a price of $17.58 per share.
Sentiment
Score: 5
Explanation: The filing is an administrative correction of a previous insider ownership report, which has a neutral impact on company sentiment as it does not reflect new operational or financial performance.
Future Outlook
NA
Industry Context
This administrative correction of a director's beneficial ownership report is a routine compliance matter and does not provide insights into broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Reporting Correction | Amendment to correct an administrative error in a director's beneficial ownership reporting, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 01/20/2026 | Enhances the accuracy and transparency of insider ownership disclosures, reinforcing regulatory compliance and good corporate governance practices. |
Stakeholder Impact
- Shareholders: Ensures accurate public record of a director's beneficial ownership, providing clarity on insider holdings.
Key Dates
| Date | Description |
|---|---|
| 10/15/2025 | Date of common stock acquisition transaction by Jeffrey Cossman. |
| 10/16/2025 | Date original Form 4 was filed by Jeffrey Cossman. |
| 01/20/2026 | Date of signature for the amended Form 4/A by Jeffrey Cossman. |
Recommendation
holdThe filing is an administrative amendment to correct a director's beneficial ownership report. It does not contain any new financial, operational, or strategic information that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as existing investment theses remain unchanged.
Keywords
Precipio Inc, PRPO, Jeffrey Cossman, Form 4/A, beneficial ownership, director, insider transaction, SEC filing, equity acquisition
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