4/A: Precipio Director Corrects Share Ownership Filing

Precipio, Inc. Director David Seth Cohen filed an amended Form 4 to correct an administrative error in his reported beneficial ownership of common stock.

Summary

• David Seth Cohen, a Director and 10% Owner of Precipio, Inc. (PRPO), filed an amended Form 4/A.
• The amendment corrects an administrative reporting error in his previously reported aggregate beneficial ownership of common stock.
• The original Form 4, filed on October 16, 2025, understated his beneficial ownership by 116 shares.
• The corrected beneficial ownership following the transaction on October 15, 2025, is 53,688 shares of Common Stock.
• The transaction on October 15, 2025, involved the acquisition of 746 shares of Common Stock at a price of $17.58 per share.
• No additional transactions occurred beyond those previously reported in the original filing.

Sentiment

Score: 5

Explanation: The filing is an administrative correction of a previously reported insider transaction. It does not indicate any new operational or financial developments for Precipio, Inc. The correction itself is a neutral event, ensuring compliance and accuracy in reporting.

Positives

• The correction ensures accurate and compliant reporting of insider beneficial ownership.

Negatives

• An initial administrative reporting error led to an understatement of beneficial ownership in the original filing.

Risks

• Risk of administrative errors in regulatory filings, which could lead to misrepresentation of insider holdings if not corrected.

Future Outlook

NA

Management Comments

• This Form 4/A is being filed to correct the reporting person's aggregate beneficial ownership, which was understated by 116 shares in the original Form 4 filed on October 15, 2025 due to an administrative reporting error. No additional transactions occurred other than those previously reported.

Industry Context

NA

Related Party Transactions

• The filing details an acquisition of common stock by David Seth Cohen, a Director and 10% Owner of Precipio, Inc.

Stakeholder Impact

• Shareholders: Provides accurate and updated information regarding insider ownership, enhancing transparency and trust in regulatory disclosures.

Key Dates

Keywords

Precipio, PRPO, Form 4/A, Beneficial Ownership, Director, Insider Transaction, SEC Filing, Stock Acquisition, David Seth Cohen